Rae Wakelin's Designations

Real Estate Broker

  1. Hold an active real estate sales associate license and complete 24 months (effective 7/1/08) real estate experience during the 5 year period preceding becoming licensed as a broker or a licensed real estate sales associate or broker who has real estate experience in another state may apply the experience toward a Florida real estate broker license if the applicant has held an active sales associate or a valid broker license for at least 24 months during the preceding 5 years.
    If the applicant is claiming experience from a jurisdiction other than Florida, attach to the application a current certification of real estate license history (not more than 30 days old) from the licensing agency of that jurisdiction. The real estate license must have been obtained from the real estate licensing authority by completing its education and examination requirements. NOTE: If the applicant holds a Florida real estate sales associate license (s)he must fulfill the sales associate post-licensing education requirement before being eligible to obtain a broker license. This method does not exempt a sales associate who holds a Florida sales associate license from successfully completing the sales associate post-licensing course.
  2. Successfully complete a FREC approved pre-licensing course for brokers consisting of 72 classroom hours and covering the topics required by the FREC. The course is valid for licensure purposes for two years after the course completion date. Applicants with a permanent physical disability as defined by FREC Rule 61J2-3.013(2) may qualify for a correspondence pre-licensing course if unable, due to a permanent physical disability, to attend the site where the course is conducted.
  3. Submit a completed application, electronic fingerprints, and appropriate fee.
  4. Pass the Florida Real Estate Broker Examination (external link) with a grade of at least 75.
  5. Submit a completed DBPR RE 11-Broker Transactions form to activate the license, otherwise the license is issued in an inactive status. Alternatively, the broker can activate the license using the broker’s online account.
  6. Successfully complete a FREC-approved post-licensing course for brokers consisting of at least 60 classroom hours prior to the expiration of the initial broker license.

Accredited Buyer’s Representative

  1. Successful completion of the two-day Accredited Buyer’s Representative (ABR®) Designation Course, including an 80 percent passing grade on the exam. After you complete this course you will have three (3) years in which to complete the other ABR® designation requirements.
  2. Successful completion of one of the ABR® elective courses, including an 80 percent passing grade on the exam. This course may be taken prior to completing the Accredited Buyer’s Representative (ABR®) Designation Course.
  3. Documentation verifying five (5) completed transactions in which you acted solely as a buyer representative (no dual agency). Any transactions closed prior to taking the Accredited Buyer’s Representative (ABR®) Designation Course or closed within three years after completing the Accredited Buyer’s Representative (ABR®) Designation Course are eligible for credit. Documentation necessary for each of your five (5) completed transactions: Copy of the signed buyer agency agreement OR purchase/sale agreement OR disclosure statement. The contract must verify the agent’s name and/or include the agent’s signature as the buyer’s agent. Providing only the name and/or signature of the buyer’s agent’s broker is not sufficient.
    AND
    Copy of the closing/settlement statement or letter from your broker verifying that each transaction closed.
  4. Maintain active and good membership status in the Real Estate Buyer’s Agent Council (REBAC) and the National Association of REALTORS®. Exception: International members of REBAC do not have to be members of NAR.

Important Notes: All requirements must be completed within three years of passing the Accredited Buyer’s Representative (ABR® ) Designation Course. Only REALTORS® who meet all these requirements and have been officially awarded the ABR® designation are permitted to call themselves an ABR® and use the ABR® logo.
Certified Residential Specialist (CRS)
The Certified Residential Specialist (CRS) Designation is the professional Designation offered by the Council of Residential Specialists. The CRS Designation is the highest professional designation awarded to REALTORS® in the residential sales field. Fewer than 4 percent of all REALTORS® hold the CRS Designation. The CRS Designation recognizes professional accomplishments in both experience and education.

Become a member of the Council of Residential Specialists and satisfy all Designation Requirements.

Maintain ongoing active membership in the Council of Residential Specialists and REALTOR® or REALTOR ASSOCIATE® membership in your local board or state association.

Profile of a CRS Designee

Experience
To earn the Certified Residential Specialist (CRS) Designation, every REALTOR® must have significant experience and demonstrate volume of real estate transactions or gross sales, as well as complete rigorous educational requirements.

Ethics
Every CRS designee is required to maintain membership in the National Association of Realtors® and to abide by its strict Code of Ethics.

Technology Expertise
The training available to CRS designees includes a strong focus on technology and its applications in the real estate business.

The Top 4 Percent
Less than 4 percent of all licensed Realtors® are Certified Residential Specialists.

Median Income Much Higher*
The typical CRS designee earns an average income of $79,000 three times that of a Realtor® who is a typical sales agent.

*Source: Council of Residential Specialists’ 2011 Member Survey

Graduate REALTOR® Institute
Approved by the National Association of Realtors and offered through state Realtor associations, agents who desire a GRI designation must complete a minimum of 90 to 95 hours of coursework pertaining to the state that licenses them, and pass the exams. Education covers law, practice, finance, taxes, exchanges and more.

Additional Qualifications:

  • Membership as a Realtor in the National Association of Realtors
  • Membership as a Realtor in the state association of Realtors
  • Membership as a Realtor in a local board of Realtors

GRI designees:

  •   Have pursued a course of study that represents the minimum common body of knowledge for progressive real estate professionals.
  • Have developed a solid foundation of knowledge and skills to navigate the current real estate climate—no matter what its condition.
  • Are recognized nationally.
  • Act with professionalism and are committed to serving their clients and customers with the highest ethical standards.

GRI, which stands for Graduate REALTOR® Institute, is a nationally recognized professional real estate designation..
The GRI designation is considered the nation’s number one real estate designation..
GRI, which stands for Graduate REALTOR® Institute, is a nationally recognized professional real estate designation
The GRI designation is a real estate industry designation similar to various industry designations such as:
CPA – Certified Public Accountant, an accounting industry designation
CSEO – Certified Senior Escrow Officer, an escrow industry designation
CLU – Charter Life Underwriter, an insurance industry designation
CFP – Certified Financial Planner, a financial industry designation
The GRI designation is considered the nation’s number one real estate designation

This designation is available only to members of the local, state and National Association of REALTORS®

GRI is recognized nationwide as the standard for real estate professionalism and knowledge

E-PRO – Certified Internet Professional
Sponsored by the National Association of Realtors, ePRO is an online course about using e-mail, navigating the Internet and incorporating digital devices into the workplace. Agents must pass an online exam. Fee: Under $400.

Additional Qualifications:

  • To use the designation, agents must be a Realtor and member of the National Association of Realtors

Luxury Real Estate® Agent
To be eligible for membership you must be a real estate professional. Firms and brokers must list and sell in the top 10 percent of their market and demonstrate expertise in the marketing and sale of multi-million dollar properties.