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Old 08-15-2010, 08:31 PM
 
Location: Old Forge, NY
75 posts, read 170,335 times
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Does anyone have their Accredited Buyer’s Representative (ABR®) designation? Has it increased your business at all? Did you learn anything? I'm looking to differentiate myself from the herd a little bit.
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Old 08-15-2010, 08:36 PM
 
Location: Salem, OR
15,572 posts, read 40,409,288 times
Reputation: 17468
I'm not a member of the NAR anymore so I can't use any of my designations, but I did take the ABR class and used the designation for 4 years. It didn't increase my business in the least, but I haven't found any of the designations do that.

If you don't blog, then you should do that before spending money on the class.
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Old 08-15-2010, 08:39 PM
 
Location: DFW
40,952 posts, read 49,155,879 times
Reputation: 54995
Quote:
Originally Posted by HeatherKlein View Post
Does anyone have their Accredited Buyer’s Representative (ABR®) designation? Has it increased your business at all? Did you learn anything? I'm looking to differentiate myself from the herd a little bit.
It was the 1st designation I earned years ago and been paying dues ever since. It's hard to judge how much extra business it has brought in but it one more piece that gives me the credibility I like to show my buyers.

My wife and I work as a team where I spend 80% of the time with our buyers. It allows me to tell my clients I am a true "Accredited Buyers Representative."

Many others cannot say that.
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Old 08-15-2010, 09:58 PM
 
Location: Columbia, SC
10,966 posts, read 21,972,507 times
Reputation: 10659
Designations don't increase business. I suggest instead spending 8 hours getting an ABR designation you spend 8 hours getting more seller/listing leads. Buyers shop for houses, not agents.
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Old 08-15-2010, 10:31 PM
 
Location: Just south of Denver since 1989
11,825 posts, read 34,420,440 times
Reputation: 8970
I have gotten referrals from agents and by realtor.com as an agent with those designations.

People do business with people they know like and trust. Or they will do business with you if they know, like and trust someone you both know.

When you seek to place a referral you want to find someone to take care of your client like you would.
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Old 08-16-2010, 01:38 PM
 
Location: Tempe, Arizona
4,511 posts, read 13,575,100 times
Reputation: 2201
Quote:
Originally Posted by Rakin View Post
It was the 1st designation I earned years ago and been paying dues ever since. It's hard to judge how much extra business it has brought in but it one more piece that gives me the credibility I like to show my buyers.

My wife and I work as a team where I spend 80% of the time with our buyers. It allows me to tell my clients I am a true "Accredited Buyers Representative."

Many others cannot say that.
Ditto. I focus mainly on buyer representation, and feel that the designation gives me a bit more credibility. In reality, I did not gain much from the requirements to get it, although our instructor was very knowledgeable and I got useful info from him.
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Old 08-16-2010, 08:59 PM
 
Location: Austin
7,244 posts, read 21,799,366 times
Reputation: 10015
I don't do designations because of the perception from the public. If you deem yourself an ABR, how do you also turn around and say you can represent a seller to their fullest. Then, you turn around and get the seller specialization as well... but then what do you truly "specialize" in, buyers or sellers? It confuses people, and I refuse to play the game of dishing out money for the ABC after my name when you have to pay for it year and year. I've been doing this for 10 years, and have taken many classes, and my education and track record proves my strengths, not a designation. Anyone can get an ABC, but it doesn't mean they know anything. I don't pay for my college degree each year, but I still have it, why pay for designations once you obtain it?
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Old 08-17-2010, 06:24 AM
 
Location: Marion, IN
8,189 posts, read 31,226,172 times
Reputation: 7344
OP, when I bought my last house it was an out of state relo. I knew nobody in the area that had purchased residential real estate that could offer a recommendation. I opened the yellow pages and looked for a buyer's agent. In a town with sooooo many agents, there was only 1 individual who advertised as a buyer agent. Guess who got my business?
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Old 08-17-2010, 06:37 AM
 
Location: North Pittsburgh
353 posts, read 1,728,359 times
Reputation: 156
I have had the designation for years, and no, it has not increased my business. However, I did learn a lot from the class.
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Old 08-17-2010, 01:57 PM
 
Location: Illinois
718 posts, read 2,078,594 times
Reputation: 987
In my opinion, aside from having the GRI, because the classes were so good, the only designation that has literally put money in my account has been my CRS. The ABR classes, again to me, were kind of generic and paying for it every year has done nothing for my bottom line. Save your money for CRS.
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