NAR

Certified Commercial Investment Member (CCIM)
A Certified Commercial Investment Member (CCIM) is a real estate professional who has obtained a prestigious designation awarded by the CCIM Institute, a commercial real estate affiliate of the National Association of Realtors (NAR). This designation signifies a deep understanding of commercial real estate investment and the practical application of industry principles.
Council of Real Estate Brokerage Managers (CRB)
The Council of Real Estate Brokerage Managers (CRB) is an affiliate of the NATIONAL ASSOCIATION OF REALTORS® (NAR) and part of the Realtors National Marketing Institute (RNMI). It offers career-enhancing education and designation for real estate professionals.
Council of Residential Specialists (CRS)
The Council of Residential Specialists (CRS) is an affiliate of the National Association of Realtors (NAR) that offers educational and promotional resources for its members who are primarily involved in real estate sales or brokerage. The organization also offers the Certified Residential Specialist (CRS) designation.
Existing Home Sales (NAR)
The Existing Home Sales (NAR) dataset is a comprehensive measure of the number of completed transactions involving single-family homes, condos, and co-ops. Reported by the National Association of Realtors® (NAR), the data is derived from more than 1,200 local Multiple Listing Services (MLS) and is crucial for gauging the health of the U.S. residential real estate market.
General Accredited Appraiser (GAA)
The General Accredited Appraiser (GAA) designation is awarded to appraisers by the National Association of Realtors (NAR), signifying a high level of expertise in non-residential property appraisal.
Graduate, REALTORS® Institute (GRI)
The Graduate, REALTORS® Institute (GRI) is an educational program sponsored by the National Association of REALTORS® or state REALTOR® boards, aimed at enhancing the professional skills and market knowledge of real estate professionals.
NAR - National Association of Realtors (NAR)
The National Association of Realtors (NAR) is a prominent trade association in the United States that represents real estate practitioners involved in all aspects of the residential and commercial real estate industries.
Pending Home Sales Index (PHSI)
The Pending Home Sales Index (PHSI)® is a data series produced by the National Association of Realtors® (NAR) that indicates the trends in sales contracts for houses, condos, and cooperatives. It serves as a leading indicator of closed home sales.
REALTOR®
A REALTOR® is a professional in real estate who subscribes to a strict code of ethics as a member of local and state boards and the National Association of REALTORS® (NAR).

Real Estate Lexicon

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