OK, I'm thinking of finally going for a designation...Willing to commit the time and money to achieve it...Not sure which way to go...Folks in my office with ABR etc. and nobody gives me a real answer about how it helped them...Thinking of leaning to the commercial sector...No one in my office has commercial training...Looking for input...Help?
When people ask me how come you don't have any designations, I tell them I am too busy selling real estate.
Your office has no one else in commercial and that might be good or it might be bad. If there are not a lot of other commercial brokers around the area, you could get a lot of business but if there are, you might not get any due to a perception of a lack of expertise in the office.
Hi Ernie!
Sounds like something commercial would be the way to go for you since it would set you apart from everyone else in the office. I recently attended a convention and a speaker there said that buyers and sellers could care less what designations we have. He said the only reason you should get a designation is to gain the knowledge. Makes sense - huh?
Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
Christina.AsadEdwards@RealLiving.com
www.teamedwards.info
mobile or text 937-205-4741 office 937-573-0082
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
Ernie - Are there a lot of "commercial only" companies in your area? RSR and CBRE? The first designation I got was the GRI and I highly recommend it. Most sellers don't care about the alphabet soup after your name, but they care that you know what you are doing in this business. Don't rely on 14 hours of CE every two years to keep you up-to-date. But, take a designation course, and have the credits count towards your CE too! There are PREF scholarships available for REALTORS taking designation courses in PA - go to parealtor.org and get an application. Deadline to apply is 7/31.
Ernie, I also like the GRI designation. I actuallygot a couple of disignations after my name and used the credits for them towards my brokers license. I agree that the public does not know too much about the initials, but whenever you can learn something new to apply to your business, it is worth it.
I have designations and they are worth every minute and $ that I have put into them. Education is always worth the effort.It is funny though, the more you know about real estate the more you realize how much you don't know about real estate.
If you are in the right area where commercial is hot, that would be the place to go. Commercial real estate is a whole different ball game than residential. I took a class and the instructor said that in field of real estate, if you want to MAKE MONEY this is what you do. . I would never get into the field unless I had an excellent instructor
If this is a serious plan of yours, seek the best class you can. You will be pleasantly surprised.
I agree CE is NOT enough. Well you hear disclose, disclose, disclose well it also should be educate, educate, educate!!
We need to know ! It is a cover your butt thing- keep away from the court room doors
GRI is considered the nations number 1 designation. I liked it because it touches on everything vs one isolated topic. And I learned something new in every class & it was a great networking opportunity. For those that are Too busy selling Real Estate I say:"An investment in knowledge always pays the best interest". Benjamin Franklin
My friend told me about a real estate agent she new that used the WGAS Designation after their name in his email signature. He used the desination for years and many people may have been impressed but others not so much. One day she asked what the WGAS Designation represented. His response was it stands for Who Gives A Sh*t. She was laughing for weeks over that story. I still find it amusing to this day.
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