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Accredited Buyer Representative Manager (ABRMsm) Course |
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This one-day course was developed in partnership with the Council of Real Estate Brokerage Managers (CRB) of NAR specifically for managers, brokers and owners who wish to incorporate buyer representation into their companies’ service offerings. Below is a list of the ABRMsm course objectives as well as the ABRMsm course outline.
Course Credit: One of the requirements needed to earn the ABRMsm Designation.
Course Duration: 1 Day
Course Dates and Locations: Visit www.CourseCalendar.com to see where and when this course is being offered.
Take the ABRMsm course online: The ABRMsm course is also available online. Click here to take the ABRMsm course online at your convenience 24 hours a day, seven days a week. You can preview the first online module for free before purchasing the entire online ABRMsm course.
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ABRMsm Course Objectives |
Section 1 Objectives – A Paradigm Shift
Identify if buyer representation is a part of your company’s ideology/vision.
Clarify the vision of your business in the next three-to-five years to incorporate buyer’s representation.
Section 2 Objectives – Company Policies
Explain various company policies.
Create a company policy appropriate for your business needs.
Develop an appropriate training program for buyer representation that supports your company’s policy.
Identify the changes you need to make to implement buyer representation.
Section 3 Objectives – Information Systems
Identify information-keeping systems appropriate to your policy on buyer representation.
Make decision on the use of various contracts, based on company policy.
Develop a system for tracking income and profitability for buyer representation.
Section 4 Objectives – Marketing and Evaluating
Identify marketing materials that promote and support your buyer representation policy.
Measure, monitor and recognize effective buyer client service.
Implement a buyer client service program to increase the profitability of your buyer representation program.
Develop a recruiting dialogue to sell the benefits of buyer representation.
Section 5 Objectives – Adapting to Change
Identify methods to minimize resistance to change
Identify changes you need to make to implement buyer representation.
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ABRMsm Course Outline |
The ABRMsm course contains five sections and an appendix. Below is a topical outline of the ABRMsm course.
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SECTION 1: A Paradigm Shift |
I Course Objectives
II. Company Vision
Creating a NEW Company Vision
Dispelling Common Industry Myths
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SECTION 2: Company Policies |
I. Case Studies for Agency Policies
II. Company Policies
Six Policies of Representation
Sample Office Policies
Policy Advantages and Disadvantages
Buyer Representation Only
Seller Representation Only
Single Representation – Buyer Only or Seller Only
Dual Representation
Appointed/Designated Representation
Policy and Procedures Development Guidelines
II. Disseminating Policy Changes
Using the Intranet
III. Technology Policies
Guidelines for Using the Internet
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SECTION 3: Systems |
I. Training Systems
Benefits of Training
II. Risk Management
Imputed (Assumed) Knowledge
Imputed Notice
III. Information Keeping
Income Forecasting
Income Forecast and Projections Worksheet
Buyer Controlled Sales Production & Results
IV. Delivery Systems Checklists
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SECTION 4: Marketing Systems |
I. Sample Marketing Materials
REBAC Promotional Advertising Slick
REBAC Press Release
II. Buyer Services Management Systems
Client Satisfaction Cycle
Purchaser Service Questionnaire
III. Recruiting Systems
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SECTION 5: Adapting to Change |
I. Reasons for Resistance
II. Four ways to minimize resistance to change
Opportunity
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Appendix |
Vision
Examples from Visionary Companies
Creating a Company Vision Worksheet
Information keeping
Imputed Knowledge Worksheet
Training
Training Plan Form
Training Modular Planner
Delivery Systems - Common Provision Examples
Exclusive Buyer Representation Contract
For Sale By Owner
REBAC Marketing Materials
REBAC Promotional Advertising Slick
REBAC Press Releases
Information Forecasting
Income Forecast and Projections Worksheet
Questionnaires
Purchaser Service Questionnaire
Cooperative Sales Associate Service Questionnaire
Seller Service Questionnaire
Seller/Purchaser Service Questionnaire
End of Course Outline