The Real Estate Buyers 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, its 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 requirements are awarded the ABR (Accredited Buyers Representative.) Agents with the ABR designation are those who wish to enhance their buyer representation skills and demonstrate proof to prospective buyer clients of their proficiency at servicing the special needs of buyers.
The best way to be certain that an agent is working in your best interests is by signing a buyer representation agreement with an ABR designated agent. A buyer’s representative works for the consumer who is purchasing property, not the seller. Although state law varies, a buyer’s agent works for, and owes fiduciary responsibilities to, the real estate buyer. It is the buyer representative who is solely focusing on the buyer’s best interests throughout the entire real estate transaction.
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 a buyer representative who is committed to your best interests.
A number of Peak, Swirles & Cavallito Properties agents have taken the ABR courses and have been awarded the designation. With an ABR designated agent, you’ll be in good hands when searching for your new home.
Real Estate Agents have many Designations throughout a variety of disciplines in the industry. Listed below are a few that are of particular interest in the residential marketplace.
GRI — Graduate of the Realtors Institute
CRS — Certified Residential Specialist
ABR — Accredited Buyers Representative
(REBAC – Real Estate Buyer’s Agent Council)
RLI — Realtors’ Land Institute
CRB — Certified Residential Broker
e-Pro — Internet Professional
SRES — Senior Real Estate Specialist
