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.