Someone asked me – What are all those acronyms after your name?

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What are all those acronyms after your name – CRS, ePro, SRES, CDPE, SFR?

Why use Realtor with alphabet soup initials after their name?

Those acronyms point to an agent’s further education and knowledge. Those agents value education so they can do a better job at representing their client’s needs. It shows a commitment to our industry and wanting to excel in what you do.

CRS – Certified Residential Specialist – only 3.5% of the Realtors have this designation. A CRS has extensive experience, confirmed sales, and an advanced education especially on the Internet.

ePro – An e-PRO certified real estate professional joins the ranks of a special community of highly skilled and continuously trained professional who provide high quality and innovative online-based real estate services. Only 4% of Realtors are an ePro.

SRES – A designation only held by 1.5% of Realtors. A Seniors Real Estate Specialist® has demonstrated the necessary knowledge and expertise to counsel senior clients through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home.

CDPE – A Certified Distressed Property Expert® has specific understanding of the foreclosure avoidance options available to homeowners. Currently only 28,000 Realtors have this designation

SFR – The SFR certification program provides training and support that helps real estate professionals specializing in short sales and foreclosures build confidence and become a trusted resource for their clients.

Hope that helps.

Pat Chadwell, Broker
CRS, ePro, SRES, CDPE, SFR

www.patchadwell.com

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Could it be? Realtors are leaving the business?

Logo of the National Association of Realtors.
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While speaking to a fellow Realtor at a marketing meeting last week she said we all probably feel busier because the numbers in our profession have declined.  She commented that there were 11,000 Realtors in the Santa Clara Country Association of Realtors at the peak of the Real Estate boom.  I just checked on Friday and the number was currently 6,259.  That’s a 43% decrease.  Continue reading

Does Specialty Training Help?

 

I’m just back from the National Association of Realtors Convention in San Diego.   There were lots of timely break-out sessions (and others that could put you to sleep- I walked out of one). I could tell the Realtors that showed up were we interested in learning and improving their capabilities.   I have personally found that training helped me and the clients I represent tremendously. I decided to take advantage of the class for the newest certification → SFR = Short Sale and Foreclosure Resource Certification.  With so many companies springing up, I thought it was time to take the class offered by our National Association of Realtors.  Just as I predicted I did get a LOT out of it.  One of the newest offerings by FannieMae that just came out was discussed – The Deed for Lease Program. It is to help  “minimize family displacement, deterioration of neighborhoods caused by vandalism and theft to vacant homes, and the effect these have on families, communities and home price stabilization. This progream allows qualifying borrowers of properties transferred through deed-in-lieu of foreclosure (DIL) to remain in their home and community by executing a lease of up to 12 months.”  Obviously, this would be a possible last resort.  For example, the kids could remain in their school and have a stable home to come to.  Sure the family has gone through the loss of their home but they do not also need to pull up roots and leave the home and neighborhood as well. It was also comforting to hear the lenders are getting more engaged in the short sale process rather than just foreclosing.  With training comes knowledge and with knowledge you can be more causative in life.  I like that.  Count me in! Have you have training that benefitted yourself and others? By going to the seminars/training you get the in the trenches battles that have taken place so you can strive to avoid them.                
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