Arizona Accredited Buyer’s Representative (ABR) Designation
Accredited Buyer’s Representative (ABR) Designation
The Accredited Buyer’s Representative (ABR) designation is for real estate buyer agents who focus on working directly with buyer-clients at every state of the home buying process. The designation course is designed to educate and prepare buyer representatives. Earning the ABR designation will help to set you apart, showing buyers that you have the specialized training to meet their needs providing them with the highest level of service. By examining different topics to create a guide to become a more effective, efficient & profitable buyer’s representative.
Earning the ABR Designation – What are the requirements?
Four requirements must be met:
- Education
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- Successful completion of the two-day ABR designation “core course”
- Successful completion of the ABR elective courses. For a full list of elective courses visit the REBAC website
The exam is required for online classes only
- Work Experience
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- Documentation verifying five completed transactions in which you acted solely as a buyer’s representative (no dual agency). Any transactions closed prior to taking the Accredited Buyer’s Representative (ABR®) Designation Course or closed within three years after completing the Accredited Buyer’s Representative (ABR®) Designation Course are eligible for credit. Documentation necessary for each of your five (5) completed transactions
- Copy of the signed buyer agency agreement OR purchase/sale agreement OR settlement statement/closing disclosure.
- Copy of the settlement statement/closing disclosure or letter from your broker verifying that each transaction closed
- Professional Affiliation
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- Membership in good standing in REBAC
- Membership in good standing in the National Association of REALTORS (NAR)
Exception: International members of REBAC do not have to be members of NAR
- Application
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- Submit the designation application along with documentation of five completed transactions
What are the costs involved with receiving the ABR designation?
- Cost of classes
- REBAC dues
- First-year of REBAC membership is free
- Second-year is $100 but prorated
- $110 per year thereafter
ABR Core Course information
Cost = $269
Time = 8:00am – 5:00pm each day
Renewal Credit = 12 hours Agency Law, and 3 hours Real Estate Legal Issues
Course topics:
- Evolution of Buyer Representation
- Agency Relationships
- Office Policy, Standard of Care & Risk Management
- Agency Disclosure
- Services Provided
- Conflicts of Interest
- Protecting the Buyer
- Building a Buyer Representation Business
- Marketing to buyers
- Negotiating as a buyer’s rep