Why you should use an Accredited Buyer's Representative (ABR)
A real estate agent is
licensed to negotiate and transact the sale of real estate on behalf of
the property owner - even if you hire them to help you purchase a house.
A buyer's representative
represents the consumer who is purchasing property, not the seller. Although
state law varies, a buyer's representative usually works for and owes fiduciary
responsibilities to the real estate buyer. It is the buyer representative
that has buyer's best interests in mind throughout the entire real estate
Why should you look for
the ABR designation before looking for a home? These three letters after a
REALTOR's name tell you that you will be working with buyer representative
who is committed to your best interests. The ABR designation is awarded by
REBAC to those REALTORS who have have met the specific educational and experiential
criteria needed to provide the high level quality service required by REBAC
(Real Estate BUYER'S AGENT Council).
About the Real Estate BUYER'S AGENT Council (REBAC)
The Real Estate BUYER'S AGENT Council, REBAC, was founded in 1988 to promote
superior buyer representation skills and services. An affiliate of THE NATIONAL
ASSOCIATION OF REALTORS since 1996, REBAC's membership now numbers well over
40,000 and is the worlds largest organization of real estate professionals
concentrating on buyer representation. Members who meet all course and professional
experiential requirements are awarded the ABR (Accredited Buyers Representative)
and/or ABRMsm (Accredited Buyers Representative Manager) designation(s). Both
are the only designations of their type recognized by NAR.
The ABR designation is
geared towards agents who wish to enhance their buyer representation skills,
and provides proof to prospective buyer-clients of their proficiency at servicing
the special needs of buyers.