
There was a time when all Portland Oregon Realtors worked for the Seller. Today, Buyers can choose to have their own representation by choosing an Accredited Buyers' Agent. Accredited Buyers' Agents work exclusively for Buyers and never Sellers.
The Seller still pays the commission in accordance with the listing contract, so there is no cost to the Buyer but there are many benefits.
ABR - Accredited Buyers Representative. Only 2% of realtors nationally have this designation. Requirements are 16 hours of additional education, documented transactions and passing a test.
GRI - Graduate Realtors Institute. 20% of realtors nationwide have this designation. Requirements are 40 hours of additional education and passing three separate tests.
Brokers License - After 3 years in real estate a sales associate can study and sit for their Brokers License. Requires additional hours of study and passing a state and national exam. Upon successful completion the Broker can supervise other agents.
Certified Home Buying Instructor - Qualified to teach "First Time Homebuying" classes. Requires additional education and practicium with the State.
NAR - National Association of Realtors. By joining, agents agree to abide by the code of conduct. Not all sales agents are Realtors ®
OAR - Oregon Association of Realtors.
PMAR - Portland Metro Association of Realtors.
WCR - Women's Council of Realtors. The education arm of NAR. : Education Chair 2001. Realtor of the year 2002.
REBAC - Real Estate Buyer's Agent Council.