Purchasing resources for Commercial Real Estate Organizations

A commercial real estate organization provides various opportunities for its members, and other professionals from the real estate industry, to share their expertise and increase their knowledge. Various professionals, like real estate inspectors, brokers and agents, can be a part of such organization.

This guide will familiarize you with various terms related to commercial real estate organizations that you will hear from professionals in the real estate industry. This guide provides description for various key terms, such as CRE, NAR, real estate inspectors and agents.

CRE (Counselors of Real Estate)

The CRE is an organization for real estate advisors who provide guidance for a client or employer. This organization serves as an information resource for its members by offering a platform for professional development, knowledge sharing and networking.

NAR (National Association of Realtors)

The NAR is an organization that helps its members become more successful by imparting knowledge about the latest technologies in the form of seminars and workshops.

Real estate inspectors

A real estate inspector has the license to inspect commercial and/ or residential real estate properties and issue a certificate regarding the condition of the property. Standards and codes of ethics bind these real estate inspectors. If you intend to buy a commercial property, you must get the inspection done through a qualified real estate inspector.

Real estate agents

A real estate agent is an individual who is licensed in a particular state to sell property for a commission.

Real estate brokers

A real estate broker is an individual who has passed the broker's exam after practicing as an agent for a few years.

Real estate appraisers

The task of a real estate appraiser is to determine the market value of property or land. Today, in most states, a real estate appraiser must be licensed or certified.