You know those letters behind many Realtor’s® names on their business cards…? What are they and what do they mean to a real estate buyer or seller? Well I thought I’d help de-mystify that just a little today by blogging about the ABR® behind my name. ABR® stands for Accredited Buyer’s Representative®. What is it? It’s an accreditation I’ve earned through hours of training and continuing education on all topics pertinent to buyers. It associates me to a network of information and assistance when I need it. They are part of “My Team” known as REBAC (Real Estate Buyer’s Agent Council).
Buyer’s haven’t always had full representation like sellers have. When you sell a home, you expect to sign a contract with your selected Realtor® to represent you and your interests in selling your home. Now buyers have that same right and representation when they work with an ABR® Realtor®. It’s called a Buyer Agency Agreement. Their Realtor® is committed to their cause of finding a home, preparing a contract (Purchase and Sale Agreement), negotiating that contract on their behalf, following a code of ethics, educating the buyer on the steps of the purchase process all the way through closing and follow-up, all with the team of the ABR® network behind the scenes to support the process.
Does it make sense to go-it alone, or have the support of a team in your corner when making the largest single purchase?