Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
The Psychology of Consultative Selling: Skills for Sales Success: Part Four.
ACE: Purchase Reverse Mortgage Course.
At Home with Diversity.
Bundle 1: CIPS Core Courses (Non-US Version).

Weighing in on the Value of ABR® Training

Interested in more details on this topic? Click here!

By Marc Gould

Real estate brokers want their agents to succeed. But how can you best support their success? Education is one of the most valuable investments you can make, impacting performance more than you might realize.

That’s what we learned from our latest survey of Real Estate Buyer’s Agent Council (REBAC) members. Here’s a glimpse inside the data and members’ verbatim feedback on five key topics.

1. Getting Started
While most REBAC members are seasoned agents with 15 years of experience, on average, many remember how their Accredited Buyer’s Representative (ABR®) training proved extremely helpful early in their careers:

“Real estate school teaches seller representation well enough, but buyer representation is mostly lacking. ABR® education fills that gap.”

“Working with buyers is the first part of our business and it’s a large part. It’s easier to find buyers than sellers when you first begin.”

2. Building Expertise
Once agents have completed the ABR® training and have a better understanding of what buyer representation requires, they naturally do it better and with greater confidence. Two-thirds of salespeople with their ABR® routinely use buyer-representation agreements:

“I learned how to talk about the value of my representation with buyers and got comfortable asking them to sign a buyer agreement.”

“The training taught me how to hold myself to an even higher level of ethics when it comes to my clients.”

3. Earning Respect with Buyers
As buyers become more savvy about buyer representation, members tell us they’re gaining an edge when competing against other agents:

“The ABR® designation is perceived as a badge of trustworthiness by buyers.”

“It helps support my claim that I take buyer representation seriously.”

4. Improving Results
We all know the bottom line is compensation. On this score, REBAC members reported strong results. On average, an ABR® member closed 13 (buyer-side only) transactions last year, earning more than $73,000 in gross personal income (compared to $47,700 for all REALTORS®):

“In addition to representing my clients better, it taught me how to use a buyer consultation to get exclusive buyer representation and how I could make more money.”

“I can leverage it to increase business.”

5. Maintaining an Edge
We realize that earning the ABR® designation is an important first step in attracting more business, but our numerous member benefits are designed to help buyer’s reps maintain that edge:

Continue Reading 1 2

Interested in more details on this topic? Click here!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>