Are designations an item of the past or a tool to build credibility? I recently sat down to read the Wisconsin Real Estate Magazine & thought I would report on article that caught my attention. One of the opening sentences spoke of the best way to stay ahead of the competition was to earn a real estate designation through the Wisconsin Realtors Association. According to WRA (Wisconsin Realtors Association) successful agents must keep current on changing legalities and other central components of the business. NAR like the WRA has a designation for practically every specialty in the real estate industry.
Beyond buildings skills & knowledge, do designations enhance your professional image? Yes they can, but its not the silver bullet to success. The WRA stated that Realtors with professional designations earned more than double their incomes against Realtors without designations. Here are a few statistics to quote exactly.
Realtors without designations earned $33,200
Realtors with designations earned $67,900
The difference of $34,700.
Are designations a clear cut way to boost your income or are designations a way for Realtor Associations alike to boost their income?Sidewalks of New York ipod
Designations are great but as with life, its the journey, i.e. the training, that adds the value. From what I have heard, designations are appreciated more Internationally rather than here in the states. In my mind, it’s the effort you put forth afterward, or during the process, to apply what you’ve learned which makes the difference.
Brian, so very true in the fact that how you use and apply the designation is what really matters; not just some fancy letters after your name.
There are many means to the same end, and many roads to financial independence. Here are several ways to increase your income.
Nice post regarding “Increase your income with designations?” Thanks for sharing with us. Its a new marketing idea relevant to services. Designations are great but as with life, designations are appreciated more Internationally rather than here in the states. It’s the effort you put afterward the really matters of life. Thanks for sharing back links.