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 Accredited Buyer Representation
 Background

The ABR® designation is approved by the National Association of REALTORS®

The Real Estate Buyer's Agents Council (REBAC®), which originated and issues the Accredited Buyer Representative (ABR®) designation, is a division of the National Association of REALTORS® (NAR®), and has NAR®'s support and backing.

Your tuition fee includes your first year membership dues in REBAC®

REBAC® is the nation’s largest association of real estate and relocation professionals, addressing all aspects of real estate buyer representation. 

Who are its members? 

They are real estate brokers and salespersons, interested in integrating buyer agency services into their day-to-day real estate operations. They are single agency practitioners offering exclusive representation for buyers and sellers. And they are professionals interested in staying ahead of the trends and directions of the real estate market.  

The advantages of buyer agency

With the 1993 changes in the Multiple Listing Service and the subsequent renunciation of subagency by major real estate companies nationwide, practitioners who had previously offered only seller agency will now offer buyer agency as a practical necessity in order to properly serve the consumer real estate buyer. 

The debate over whether or not to offer buyer agency is history. Today and tomorrow the issue will center on how to provide such service -- whether exclusively or in combination with traditional seller representation -- and the quality of the service rendered. 

Consumers are more aware of agency options as major consumer groups such as the Consumer Federation of America, American Association of Retired Persons, and recognized consumer advocates such as Ralph Nader have taken up the cause of buyer and seller representation.

REBAC®'s ABR® designation has set a standard of excellence in buyer representation. 

Enroll today for Polley Associates’-sponsored, REBAC®-approved ABR® training!

What does the REBAC® basic ABR® course cover?

Among the topics covered in the two-day basic ABR® course are: 
  • Theory and Principles of Buyer Representation
  • Marketing and Promotion of Buyer Representation
  • Terminology
  • Positioning as it Relates to Buyer Representation
  • Key Concepts
  • Service Delivery
  • Recognizing Conflicts
  • Buyer Representation as Niche Marketing
  • Strategy/Negotiation
  • Informed Consent
  • Molding Client Expectations
  • Getting Paid
  • Laying Proper Foundations
  • Practice of Buyer Agency
  • Procedures, Policies and Operational Specifics of Buyer Representation
  • Establishing Office Policies and Procedures
  • Evolution not Revolution
  • Risk Reduction Considerations
  • How to Get an Agency Commitment from a Buyer
  • Relocation Aspects of Buyer Representation
  • What Exactly is Representation?
  • Optimizing Advantages of the ABR Designation
  • Preparing and Tendering the Offer to Purchase
  • Course Review & Exam Preparation

What does it take to become an Accredited Buyer Representative?

Buyer representation demands education, training and professional certification. That’s why Polley Associates is pleased to offer these courses to help you earn credit toward obtaining the Accredited Buyer Representative designation of the Real Estate Buyer's Agent Council (REBAC®). 

As with other real estate-related designations, completing the two-day basic ABR® course is a valuable and important first step in earning accreditation. You also must complete a one-day ABR® elective, and for both courses pass written examinations based on course materials. 

To receive an ABR® designation, you must additionally provide documented evidence (5 documented transactions) to REBAC® of practical experience as a buyer representative; be a member in good standing of both REBAC® and the National Association of REALTORS®.

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Copyright ©2002- 2005 Polley Associates| abr-backgnd.htm | Last update 11.01.2007