Glossary

Like many businesses, we have our own set of acronyms.
Select the first letter of the word from the list above to jump to the definition. -Jim

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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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- G -

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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- R -

RM
Residential Member

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- S -

SIOR
Society of Industrial and Office Realtors

SRA
Senior Residential Appraiser

SREA
Senior Real Estate Analyst

SRS
Specialist in Real Estate Securities

Revised: July 25, 2002.