ABR - Accredited Buyers Representative |
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The Accredited Buyer’s Representative (ABR®) designation is designed for real estate buyer agents who focus on working directly with buyer-clients.
ACCREDITED BUYER’S REPRESENTATIVE (ABR®) DESIGNATION REQUIREMENTS
To obtain and use the ABR® designation, you must complete all four (4) requirements:
1. Successful completion of the two-day Accredited Buyer's Representative (ABR®) Designation Course, including an 80 percent passing grade on the exam. After you complete this course you will have three (3) years in which to complete the other ABR® designation requirements.
2. Successful completion of one of the ABR® elective courses, including an 80 percent passing grade on the exam. This course may be taken prior to completing the Accredited Buyer's Representative (ABR®) Designation Course.
3. Documentation verifying five (5) completed transactions in which you acted solely as a buyer 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 disclosure statement. The contract must verify the agent's name and/or include the agent's signature as the buyer's agent. Providing only the name and/or signature of the buyer's agent's broker is not sufficient. AND
- Copy of the closing/settlement statement or letter from your broker verifying that each transaction closed.
4. Maintain active and good membership status in the Real Estate Buyer’s Agent Council (REBAC) and the National Association of REALTORS®. Exception: International members of REBAC do not have to be members of NAR. Important Notes: All requirements must be completed within three years of passing the Accredited Buyer's Representative (ABR® ) Designation Course. Only REALTORS® who meet all these requirements and have been officially awarded the ABR® designation are permitted to call themselves an ABR® and use the ABR® logo.
