Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County (Lubeck Realty Group)

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Rainmaker
4,060,553
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

You need to know how to "make hay" with designations. I believe they do if you know how to explain their value to your clients. (Trust me, I may hay with mine like mad and it works!)

Feb 07, 2016 09:30 PM
Rainmaker
1,988,128
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

no - the public doesn't understand them. The only value from designations is if we possibly learn anything from them - but generally it is just another thing they are selling us - I do like the CRS courses

Feb 07, 2016 09:10 PM
Rainmaker
520,651
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

The only one the public knows is 'broker' and this one builds trust.

Feb 07, 2016 09:17 PM
Rainmaker
5,571,343
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

NO.... today, it's more of a fund raiser for the NAR.... no one knows what they mean....no one cares what they mean.... I had 9 of them....  but I got them decades ago .....I stopped paying annual dues long ago and stopped using them...

perception becomes reality and they worked for me decades ago when not many agents had any....

Feb 08, 2016 12:08 AM
Rainmaker
6,548,404
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No. Those dues are usually difficult to justify.

Feb 07, 2016 10:54 PM
Rainmaker
3,613,947
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Around here the only designation that really makes  difference is going from salesperson to broker.  Otherwise, no, no difference at all

Feb 07, 2016 10:19 PM
Rainmaker
4,063,178
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Do they increase my value?  I can't answer as I don't have any but I'm always open to learning more.  

 

Feb 07, 2016 09:38 PM
Rainmaker
3,322,403
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

NONE, most consumers do not know what they mean and service and experience beats all designations

Feb 07, 2016 09:27 PM
Rainmaker
846,325
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Don I have often wondered their value. I have been quite successful in my no designation badge-less career.

Feb 07, 2016 09:09 PM
Ambassador
2,224,117
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I don't think most consumers care. Although I know some agents that care. I know of one agent that won't refer to another agent unless they have the GRI. 

Feb 10, 2016 09:55 AM
Rainmaker
878,100
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Donald - Personally I don't think so. I believe they keep creating more designations to rake in more money for them.

However, I do like to stay educated and up to date on real estate things.

Feb 09, 2016 02:28 PM
Rainmaker
4,889,627
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I believe they give you the knowledge.   Years ago I received 18 referrals from CRS agents.   They did not all close that year.   Since then CRS has not been as effective.   

Feb 09, 2016 10:49 AM
Ambassador
5,361,546
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

The letters may not but the knowledge may.

 

Feb 08, 2016 05:24 PM
Rainmaker
1,157,485
FN LN
Toronto, ON

People generally do not know what the letters mean.  The education can be useful, depending upon the particular course content.

Feb 08, 2016 04:07 PM
Rainmaker
1,683,350
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I don't know, but the education to get those designations increase the value of the agent.

Feb 08, 2016 12:13 PM
Rainer
35,494
Corey R. Roberts
Keller Williams Realty—Yuba Sutter - Yuba City, CA
Turning Dreams into Realty.

Interesting answers. I hope to get some this year.

Feb 08, 2016 11:49 AM
Rainmaker
640,453
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

Yes if the holder knows how to make them significant.

Feb 08, 2016 07:56 AM
Rainmaker
1,381,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If that is the only way for you to get the knowledge, skills and attitude to perform certain functions, then yes there is value!  The value comes from taking that knowledge and using it. 

Having the initials and expecting clients to understand them is like taking Egyptian hyroglyphics to an 8 year old and expecting them to read it fluently.  Not going to happen.

Me, I have SEVERAL certifications I can put after my name.  I'd rather prove my abilities instead of relying on "CIMS" (Certified Internet Marketing Specialist) to show I can market online, for example.

Feb 08, 2016 04:21 AM
Rainmaker
426,364
Bill Dandridge
MKB, Realtors - Roanoke, VA
GREEN, ABR, GRI, EcoBroker

I thin that he most valuable designation would be CRS. I have not achieved it yet, but within the next five years I will.

 

Feb 08, 2016 03:05 AM
Rainmaker
173,172
Kelly McGovern
Realty Concierge International - Bellingham, MA
Working with Kelly is a good move

I must be the minority here.  I have the SFR, LMC and SRS designations.  By the end of the week I'll also have the MRP.  When you take these designations or certifications they tell you in the class how to get the word out and get business with said designatiions/certifications.  The SFR -Short Sale & Foreclosure Designation got me A LOT of business over the years with both banks and sellers.  The Loss Mitigation badge got me a steady stream of great additional income from banks doing bpo work.  The new SRS badge immediately got me two listings and a referral from the a fellow agent in class.  Since I do a fair share of relocation and was a military wife with my share of deployments I know that the Military Relocation  badge will be a great addition.

Feb 08, 2016 02:11 AM
Rainmaker
223,669
LuxurySoCalRealty San Diego
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Hi Donald five years later after acquiring quite a few the only one I now looking back feel was worth while, and the one I still continue to promote, was through the Institute for Luxury Home Marketing.  If an agent wanted to break into the high end, had no contacts, was not from a HNW family, this is the best place to begin grooming as well as gain confidence.  

Feb 08, 2016 02:08 AM
Rainer
2,400
Adriel Maxwell
Adriel Maxwell - Real Estate Agent - Vacaville, CA
REALTOR with Windermere Hulsey & Associates

 

I don’t think they do, I feel like Clients are more interested in you knowing the market and having their best interests in mind, not the alphabet soup that come after your name. 

Feb 08, 2016 01:38 AM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't think so, no one has ever asked me for mine

Feb 08, 2016 01:00 AM
Rainer
57,139
Jack Gerbehy
Egg Harbor Township, NJ

performance / track record wins clients.... I could step out of school yesterday go get a designation.... doesn't mean I have the experience to get the job done 

Feb 08, 2016 12:51 AM
Rainmaker
1,385,024
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

It could even be possible that a designation could turn away potential clients, if your designation is for a specific type of deal that a client is not interested in.

Feb 08, 2016 12:08 AM
Rainer
2,625
Don Johnson
MORE Realty Services LLC - Sanford, FL
Exclusive Buyers Representative in Metro Orlando

I believe knowledge of your craft can only be a benefit to a Professional of any industry. If you were a telemarketer, learning to sell over a phone would be necessary to increase your productivity, so attending classes, or watching webinars, and would be an absolute necessity. There are so many Designations and Certifications for us, so random knowledge may not be as beneficial, whereas specialized knowledge, and a firm grasp of the fundamentals, (which so many Agents do not have), are the key to whether they have value or not. Good question. 

Feb 08, 2016 12:07 AM
Ambassador
3,728,477
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

To me, yes!

Feb 07, 2016 11:54 PM
Ambassador
1,576,605
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I don't think the public cares.

Feb 07, 2016 11:47 PM
Rainmaker
140,568
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Hopefully it increases your knowledge.  I don't think most of the public cares.

Feb 07, 2016 11:40 PM
Rainmaker
888,695
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

It depends. In and of themselves, no. The education and discipline to get some of the more difficult ones, yes. The easier it is to obtain a designation, the value is probably inverse. The only designation that was short and sweet and I use is the ABR designation. Too many agents are not risk-conscious enough.

Feb 07, 2016 11:12 PM
Rainmaker
1,215,110
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

If you learned a new skill or a better way, absolutely. If you're just doing it to have more alphabet soup on your business card, not so much.

Feb 07, 2016 11:11 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It does but only from the learning, the initials mean nothing to the public.

Feb 07, 2016 11:08 PM
Rainmaker
5,531,639
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Donald,

No, the public has no idea what those mean, and don't care.  A

Feb 07, 2016 11:08 PM
Rainmaker
2,634,787
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Yes, the person who has them has increased value mentally. Now to use them

Feb 07, 2016 10:53 PM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

Feb 07, 2016 10:44 PM
Rainmaker
1,324,938
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

Interesting comments I will share that I have a Resort and Second Home Specialist and a Accredited Buyers Representative and since I am in a resort area these two have paid off big time for me. It has separates me from others when being interview for both listing and selling. Now saying that if you do not use them then they are worthless.

Feb 07, 2016 10:41 PM
Rainmaker
140,495
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Passionate about helping others achieve success!

This is something I've also been wondering as I am considering adding a designation. I'm also curious which ones seem to add the most value. Thank you for the question!

Feb 07, 2016 10:33 PM
Rainmaker
846,260
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Not really from what I have seen. Anyone can go to classes and buy and renew designations. They might help some agent somewhere a small % of time. Some are worth more than others.

Feb 07, 2016 10:30 PM
Rainmaker
1,457,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Donald Urschalitz I think they do increase your value by the knowledge you gain by taking the classes. As far as marketing value - No!

Feb 07, 2016 10:30 PM
Rainmaker
1,398,583
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

If it adds to our knowledge and makes us a better agent then bring it on!

ABR, CRS and SRS to name a few have been helpful.

Feb 07, 2016 10:00 PM
Rainmaker
883,007
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I do not know your definition of value or that used by other responders.

My value DOES increase in the eyes of other vendors who see that alphabet soup appended to a name clearly indicates I will by shiny things.

My self-value increases because I learned something new (could be I learned to stay away from shiny things)  or added a name or two to my network.

My market value may  increase because I understood how to exploit, in a consumer meaningful way, the value of this designation.

As viewed by most consumers, an alphabet soup of letters appended to a name is confirmation of vanity and a pedantic pursuit of things meaningless.

 

Feb 07, 2016 09:36 PM
Rainmaker
4,001,539
Richard Weeks
Dallas, TX
REALTOR®, Broker

No, the public has not idea what any of that means.

Feb 07, 2016 09:32 PM
Rainmaker
4,162,935
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Depends on how you use the knowledge and the quality of the knowledge. The designations mean little to those who don't understand them! Some just mean very little!

Feb 07, 2016 09:13 PM