The ABR DESIGNATION - VALUE OR BUST?

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Real Estate Agent with EXIT REALTY BEND

Geeze...I'm not very good with dates.....but it seems to me that I traveled from my rural Iowa community in about 1999 to attend a designation class for the Accredited Buyers Designation at the National Association of Realtors headquarters in Chicago. 

I remember that the designation was in it's beginning stages...and the two day class was very poor.  The instructor was poorly organized and the information just didn't meet the professional standards I expected. But I think it is fair to say that there are good and bad instructors in every field.  In any event, I remember taking the short test at the end of day two and being awarded the designation.  It just didn't feel right. I didn't feel that I was any more prepared than before to better represent my buyers...but what could I do?

Each year I have paid the fees to renew the designation...and honestly...I'm not sure why I do it. 

Am I the only one out there that feels this way? 

I am betting that over the years the quality of the material and the instruction given at the ABR classes has improved, but the website hasn't keep up with the power the internet offers and I rarely see value in holding the designation.

I am late paying my yearly fees to continue to hold the designation....and I guess I am needing some reason to continue sending in my $100 bucks each year.

If you are an ABR I would really like to hear your opinion of the value of holding the designation and to hear how you have used the designation to improve your business.

 

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Rainer
106,169
Jeff Lorenzen
Park City Real Estate
Keller Williams Park City Real Estate - Park City, UT

I know it's a bit old, but thanks for the post and the comments. I am considering getting my ABR. But I am struggling with the idea of having to pay $100 a year to remain a member of REBAC. Neither my Bachelor's degree nor my Master's degree require an annual due. I'm not sure I agree with a designation that requires one. I think I'll pass.

April 22, 2010 12:28 AM
Rainmaker
369,269
Eric Kodner
CRS, Madeline Island Realty, LaPointe, WI 54850 -
Madeline Island Realty

REBAC hasn't made the same effort that the CRS (Council of Residential Specialists) folks have towards building value for their designation.  And no one at any of these designation councils dreamed of an economic downturn in our industry when they forged ahead and created all these designation programs.  After all, five years ago the economy seemed fine and sales were roaring along, so most busy agents thought nothing about writing one more check to REBAC or whoever as a cost of doing business.

I tell agents in my real estate classes who ask about the value of designations, "If it puts a dollar in your pocket, it's worth doing.  If not, put your money someplace else".  That value proposition is a good challenge for the creators of new designations.  It's also a pretty decent litmus test for agents who find their marketing and promotion dollars stretched thin these days.

April 22, 2010 06:23 AM
Anonymous #17
Anonymous
Rick Payne
I too was contemplating getting the ABR designation, but as a newer agent with limited capital I feel as if it may be an unnecessary expenditure at the moment. Thanks for the comments, I think I'll wait a while to get the designation. In the meanwhile I'll just look at the curriculum and try to learn as much as I can about each of the sections outlined.
September 13, 2011 11:34 AM
Rainer
27,147
Stu Barnes
Barnes McQuade Realty

WOW!!!  I have had the ABR designation for 5 years and every year I ask myself why am I renewing...then, with times VERY tight I found this post....4 years old...  I am glad I am not the only one thinking this is not worth it...thanks for the insight and hopefully they will make it free...as it is 100% not worth $110 a year!!  Stu

January 12, 2012 10:47 AM
Rainmaker
127,763
Donna Quinlan
Realtor CRS,GRI, Newburyport, Boston's North Shore
Keller Williams Realty

I am also glad I found this post. I have had my ABR designation for years and have paid the dues each year. I think staying knowledgeable in our profession is important. Saying that, I have not received one benefit from the designation other than the original class. I do not see where the value is for the yearly fee. I am also a CRS and there has been tremendous value to me as a CRS and,I feel, that designation is worth the cost. 

December 14, 2012 08:06 AM
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Rainer
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Jim Mazziotti

Exit Realty Bend
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