What is REBAC?

The Real Estate BUYERS AGENT Council (REBAC) is a part of the NATIONAL ASSOCIATION OF REALTORS® and offers it's members' benefits that will keep them abreast of the management and marketing trends in the real estate industry, legal and legislative issues and provides practical advice from other experienced real estate practitioners. REBAC members are eligible to participate in the highly respected accreditation program which awards the coveted Accredited Buyer Representative (ABR®) and Accredited Buyer Representative Manager (ABRM) designation programs. Consumers should look for Realtors who proudly display these designations which are the benchmark of excellence in buyer representation services.

With over 30,000 members in the United States and Canada, consumers can contact REBAC for a complete listing of REALTOR® that belong to the council and practice buyer representation or refer to the on-line membership directory.

What is ABR®?

The Accredited Buyer Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded to real estate practitioners by the Real Estate BUYERS AGENT Council (REBAC) of the NATIONAL ASSOCIATION OF REALTORS® who met the specified educational and practical experience criteria.

The criteria are:

• Completed the comprehensive two-day REBAC course in buyer representation

• Successfully passed a written examination

• Demonstrated a practical experience of having completed five closed real estate transactions in the field of buyer representation.

• Received recommendations from two of the real estate practitioners buyer clients.

• Be a member in good standing with the NATIONAL ASSOCIATION OF REALTORS®

Look for those real estate agents that proudly display the ABR® designation and know that they are professionals in the filed of buyer representation.

Kiplinger's Personal Finance Magazine

"Need An Agent?"
Hire a Pro, Strategies for Buyers, April 1998, pg 88

"Get an advocate on your side. It's commonplace now for buyers to sign up their own agents to represent their interests in a deal. Look for a buyer's broker who will represent you - and only you."

"One credential to look for is an Accredited Buyer's Representative (ABR) designation from the Real Estate Buyer's Agent Council, A Realtor group. The 30,000 agents nationwide who hold the ABR designation have passed a two-day training program and written exam, and have been buyer's representatives in at least five closed transactions. You can search for a real estate agent with the ABR designation on the Internet (www.rebac.net), or call 800-648-6224 for a referral."

Next: Dual Agency

© 1998 Kiplinger's


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Jim & Nancy, Wade & Teresa, and Joe Hermes
RE/MAX Results
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