June 27, 2012 | In: Uncategorized
Some Certifications, Designations, and Initials in Real Estate
- CRE (Counselor of Real Estate)
Another fairly rare certification, CRE holders typically work as consultants on complex commercial or industrial real estate deals rather than residential deals.
- CREA (Certified Real Estate Appraiser)
There are a couple of certifications available to people who are in the appraisal business. This one is offered by the National Association of Real Estate Appraisers. The course reminds appraisers of various factors that can impact the value of properties.
- CRMS (Certified Residential Mortgage Specialist)
This is a degree that signifies a high level of knowledge and experience in mortgage origination and finance. Holders of the CRMS must have at least two years of experience in mortgage finance or a related field.
- CRP (Certified Relocation Professional)
This certification helps professionals understand issues involved when a corporation is moving either one employee or many employees. It involves things like coordinating movers and finding new schools for the kids. Questions about buying homes of transferring executives are dealt with.
- CRS (Certified Residential Specialist)
This certification can take years to receive and is considered one of the best in the business. The holder of the CRS has had to successfully work with a large number of buyers and sellers and has taken some extensive marketing courses. It is, however, largely for professionals who work with home sellers rather than buyers.