Successfully complete an approved elective course. Complete the enclosed ABR designation application.
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- Derrick George
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1 Dear Student: This letter confirms that the (REBAC) has received documentation from your course provider that you successfully completed the two-day Accredited Buyer s Representative (ABR ) Designation Course. Next steps for earning the ABR designation are outlined below. Use this as a checklist. Be a member in good standing with the National Association of REALTORS (NAR) or NAR cooperating international association (e.g., Canadian Real Estate Association). Successfully complete an approved elective course. Complete the enclosed ABR designation application. Send your application to REBAC. A list of approved electives can be found on page 2 of 3 of this application. If you haven t already completed your elective, visit training4re.com to learn about classes scheduled in your area and for online course availability. The application requires you to submit documentation for five (5) closed transactions in which you functioned as a buyer s representative. You may your application to REBAC@realtors.org or you can e-fax to Maintain membership with REBAC and the NAR or NAR cooperating international association. Alternatively, you may send it to REBAC, 430 N. Michigan Avenue, Chicago, IL The first year of membership with REBAC is included in the cost of your ABR Designation Course. Second year dues for REBAC are prorated based on the month you began your membership. REBAC dues for the third year and thereafter, are $110 USD.
2 You have 36 months to meet the above requirements. Failure to complete these requirements within this time frame will result in having to retake the ABR Designation Course. For prompt processing of your application: > Submit your application only after you have met all of the requirements, including completion of the elective course. > All of the fields in the application must be completed. Incomplete applications will be returned, which will delay processing. After submitting your application: > Please allow REBAC Member Service Representatives five business days upon receipt to process your application. > As a reminder, you may not market yourself as an ABR designee until REBAC has conferred the designation to you and notified you in writing. When your application gets approved: > When REBAC approves your application, we will notify you by , after which you may add ABR to your credentials and marketing materials. Active membership with REBAC is required: > In order to retain the rights to use the ABR designation, you must maintain your membership with REBAC as well as with NAR or an NAR cooperating international association. > Using the ABR designation without maintaining membership with REBAC will result in a trademark violation (Code of Ethics, Article 12). Those individuals in trademark violation will need to immediately cease from using the ABR trademark/logos on all promotional materials. Questions? You may contact REBAC by phone at Member Service Representatives are available Monday through Friday, 8:30 a.m. - 4:30 p.m. CST. They can also be reached by at REBAC@realtors.org.
3 YOUR CONTACT INFORMATION Name Office Address City, State/Province Zip/Postal Code Phone Fax PLEASE COMPLETE (U.S. MEMBERS ONLY) - REALTOR ASSOCIATION INFORMATION I am a member in good standing with the NAR. Yes No My 9-digit NRDS ID* is: My local REALTOR board is: *Your NRDS ID (US Members only) is your identification number in the National REALTOR Database System. If you do not know your NRDS ID, please contact NAR s Info Central Team at Info Central Team Members are available 8 a.m. to 6 p.m. Central time, Monday through Friday. You may also contact them online by visiting FOR NON-U.S. MEMBERS ONLY - REALTOR ASSOCIATION INFORMATION I am a member in good standing with an NAR cooperating international association. My NAR cooperating international association is: Yes No Page 1 of 3
4 Credit Elective Courses - Please indicate the approved elective course you completed. *At Home with Diversity Course AHWD (Global) *Effective Negotiating for Real Estate Professionals Course (WCR) e-pro Certification (e-pro) Must need to earn the e-pro certification Generating Buyer and Seller Leads: Capture, Qualify, and Convert Course *Networking and Referral Systems Course (WCR) New-Home Construction and Buyer Representation Course Pricing Strategy: Mastering the CMA Course Real Estate Investing: Build Wealth Representing Investors and Becoming One Yourself Course Generation Buy Course Real Estate Marketing Reboot Course * Local Markets Course (Global) RENE Certification Course *Graduate REALTOR Institute Designation (GRI) Must need to earn the GRI designation *Harnessing the Power: Skills Based Performance Management Course (WCR) Home Sweet (Second) Home: Vacation Investment, Luxury Properties Course Military Relocation Professional Certification Course MRP NAR s Green GREEN Designation Course REO Properties: Responsibilities, Education, and Opportunities for Real Estate Course Seller Representative Specialist (SRS) Designation Course (REBI) Seniors Real Estate Specialist (SRES ) Designation Course Short Sales and Foreclosures Resource (SFR): What Real Estate Professionals Need to Know Course *If an elective has an asterisk next to its name, please furnish us with proof of this elective. All of the fields on the application (including the NRDS ID for U.S. members) need to be completed. Incomplete applications will returned and will delay processing. Page 2 of 3
5 Transactions - List five closed transactions in which you functioned as a buyer s representative. Valid transactions are limited anytime during your career and 36 months after you have completed the ABR Designation Course. You cannot be the listing agent or a subagent for the seller for these transactions. Property Address Buyer s Last Name Settlement Date Elective Course I am attaching evidence (e.g., certificate of completion) that I successfully completed an approved elective course for the ABR designation. (If you are unable to furnish evidence, REBAC may be able to locate your course completion information. Please contact REBAC in advance of submitting your application.) Transactions I served as a buyer s representative and I am attaching ONE of the following for each transaction: > Printout of the MLS must show complete detail of the property OR > Copy of the purchase/sale OR buyer agency agreement OR disclosure statement AND copy of the settlement statement/closing disclosure. In lieu of settlement statement/closing disclosure, REBAC will accept a letter from your managing broker confirming that the transactions have closed. This letter does not eliminate the need to identify the five transactions. Acknowledgment I,, fully agree to the terms and use of the ABR. (print name here) NOT maintaining membership in both NAR (US Members only) and REBAC is a trademark infringement and a violation of the National Association of REALTORS Code of Ethics, Article 12 on this the day of, 20. Page 3 of 3
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