Real Estate Glossary of Terms and Acronyms

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ABR

The Accredited Buyer Representative designation indicates a real estate agent specializing in representing buyers in the real estate transaction. The ABR is conferred by the Real Estate Buyer's Agent Council (REBAC).

ALC

Accredited Land Consultant

AMO

Accredited Management Organization

ARM

Accredited Resident Manager

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CAPM

Certificate in Advanced Property Marketing

CBR

Certified Buyers Representative

CEA

Certificate of Estate Agency

CGA

Certified General Appraiser

CIPS

Certified International Property Specialist

CPM

Certified Property Manager

CCIM

The highest designation of commercial specialists is the CCIM, Certified Commercial Investment Member, conferred by the Commercial Investment Real Estate Institute of NAR.

CRE

Counselor in Real Estate

CREA

Certified Real Estate Appraiser

CRB

The Certified Real Estate Brokerage Manager designation, conferred by the Real Estate Brokerage Managers Council, identifies brokers who have taken an extensive array of courses oriented toward enhancement of brokerage management skills.

CRP

The Certified Relocation Professional certification is conferred by the Employee Relocation Council (E-R-C). The designation denotes relocation professionals who specialize in relocation and who pass the demanding requirements of E-R-C. RE/MAX has about 70 percent of all real estate CRPs in the United States.

CRS

The Certified Residential Specialist designation, offered through NAR, denotes an agent who specializes in residential real estate. Only about 3 percent of the members of NAR have earned this designation, while more than 16 percent of RE/MAX Associates have their CRS.

CRSS

Certified Real Estate Securities Sponsor

CSP

Certified Sales Professional

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FRI
Fellow of the Real Estate Institute

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GRI

Only about 9 percent of all Realtors have earned the designation Graduate of the Realtor Institute. About 26 percent of RE/MAX Associates have completed this advanced course of study and earned their GRI.

GAA

General Accredited Appraiser

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LTG

The Leadership Training Graduate designation recognizes members of the Women's Council of Realtors who have achieved a superior level of leadership expertise through education and experience.

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RM

Residential Member

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SIOR

Society of Industrial and Office Realtors

SRA

Senior Residential Appraiser

SREA

Senior Real Estate Analyst

SRS

Specialist in Real Estate Securities

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(empty) Revised: July 25, 2002.