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The Accredited Buyer Representative (ABR) designation, conferred by the Real Estate Buyer's Agent Council (REBAC), confirms an agent's mastery of the relatively new practice of buyer representation.
In the past, virtually all real estate agents owed fiduciary duties to the seller. Even when working with buyers on a day-to-day basis, agents were obligated by law to get the highest price and best terms for the seller.
Today, many consumers prefer working with an agent who is contractually bound to represent their interests as the buyer.
Agents who have earned the ABR designation have demonstrated experience in buyer representation. Two key areas emphasized in ABR training are: how to identify potential problems with a property and how to negotiate the best price on behalf of the buyer.
The National Association of Realtors is negotiating to purchase the ABR designation. REBAC would continue to confer the designation as an NAR affiliate.
Make Sure Your Real Estate Agent is Working for You!
The Real Estate Agent Council is the Nations's Oldest and Largest Association of Real Estate Practitioners Addressing All Aspects of Consumer Representation in the Real Estate Transaction.
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Kokopelli Real Estate™ Brenda Wilson |
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