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What do all of those letters mean?

Designations and Certifications

The National Association of REALTORS® and its affiliated Institutes, Societies, and Councils provide a wide range of programs and services that help members increase their skills, proficiency, and knowledge. Designations and certifications acknowledging experience and expertise in various real estate sectors are awarded by NAR and each affiliated group upon completion of required courses. Hover your mouse on the logo for more information.

Designations & Certifications

SRS


The Seller Representative Specialist (SRS) designation is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. The designation is awarded to real estate professionals who demonstrate the knowledge and skills essential for seller advocacy. SRS designees represent a global community of REALTORS® who use their advanced training and expertise to go above and beyond their client’s expectations.




ABR


The Accredited Buyer’s Representative (ABR®) designation is designed for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home buying process.




CRS


Certified Residential Specialist / CRS The CRS designation is the highest credential awarded to residential sales agents, managers, and brokers. On average, CRS designees earn nearly three times more in income, transactions, and gross sales than non-designee REALTORS®.




GRI


Graduate, REALTOR® Institute / GRI REALTORS® with the GRI designation have in-depth training in legal and regulatory issues, technology, professional standards, and the sales process. Earning the designation is a way to stand out to prospective buyers and sellers as a professional with expertise in these areas.




SRES


Seniors Real Estate Specialist® / SRES® The SRES® Designation program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate, clients age 50+. By earning the SRES® designation, you gain access to valuable member benefits, useful resources, and networking opportunities across the U.S. and Canada to help you in your business.




MRP


Military Relocation Professional / MRP NAR's Military Relocation Professional certification focuses on educating real estate professionals about working with current and former military service members to find housing solutions that best suit their needs and take full advantage of military benefits and support.




SFR


Short Sales & Foreclosure Resource / SFR® The SFR® certification teaches real estate professionals to work with distressed sellers and the finance, tax, and legal professionals who can help them, qualify sellers for short sales, develop a short sale package, negotiate with lenders, safeguard your commission, limit risk, and protect buyers.




AHWD


At Home With Diversity® / AHWD Learn to work effectively with – and within – today’s diverse real estate market. The At Home With Diversity® certification teaches you how to conduct your business with sensitivity to all client profiles and build a business plan to successfully serve them.




e-Pro


e-PRO® NAR's e-PRO® certification program helps REALTORS® master the advanced digital marketing techniques of today. With the e-PRO® certification, REALTORS® increase their ability to reach customers, expand their capabilities, and build trust by safeguarding client information.





Common Abbreviations

SID


Special Improvement District - set up and paid in property taxes to provide infrastructure improvements such as sewer connections, street lights, or sidewalks




PITI


Principal, Interest, Taxes, and Insurance - these figures make up a mortgage payment




MLS


Multiple Listing Service - REALTOR® accessed database of listed property




ROI


Return on Investment - a standard metric that real estate investors use to analyze investment properties




Cap Rate


Capitalization Rate - a measure of the profitability of a real estate investment




FSBO


For Sale By Owner




CMA


Comparative Market Analysis - the process of determining the valueof a property based on market conditions




HOA


Homeowners Association - a private association established by a real estate developer for the purpose of selling and managing homes in a planned community




HUD


Housing and Urban Development - Organization that handles homes that have been foreclosed that were originally purchased using an FHA loan.