WHAT IS THE CEA DESIGNATION
Today, just plain hard work and working long hours is not
enough to be a Professional in the Real Estate arena. You
need to stand out from the others that are competing against
you in order to advance your career and increase your
earnings.
In addition, to enhancing your professional image and
provide your clients with the most up to date marketing
concepts and techniques, learning new ways of conducting
business will play a big role for the Real Estate
Professional in the Twenty-First Century. That role will
include the Real Estate Professional re-educating themselves
based on today’s market conditions. One of the most
important parts of any successful Professional is to stay
abreast of changing conditions and the opportunity that
stems from change, both for the Real Estate Professional and
their clients. No longer will experience by itself suffice.
The key element to the successful Real Estate Professional
is knowledge.
One of the most sought after designations today is the CEA, CERTIFIED ExchangeADVISOR, which is administered through the AMERICAN INSTITUTE OF REAL ESTATE
EXCHANGORS, (AIREE). In order to earn the CEA designation, individuals must complete intensive classwork
on the specialty of Real Estate Exchanging. Real Estate
Exchanging pertains to section "1031" of the Internal
Revenue Code. It allows individuals to Exchangetheir equity
in their business or investment property, for equity in
other business or investment held property anywhere in the
United States. One of the many benefits of this concept is
to (PAY NO CAPITAL GAINS TAX) defer the income tax liability
indefinitely that would be due, based on the capital gain if
the transaction was treated as a sale.
As a designee, in addition to becoming a specialist in the business of Real Estate Exchanges, all designees become members of the AMERICAN INSTITUTE OF REAL ESTATE EXCHANGORS, in which they receive the right to use the CEA designation. There are many advantages to earning a designation. One reason is to put more dollars in the Real Estate Professionals pocket. Many people meaning the public perceive designations or letters after a Real Estate Professionals name as evidence of commitment and expertise. Another important reason is that Real Estate Agents pursuing the CEA
designation are at the same time fulfilling their continuing
education requirement.
Designees, as members of the AMERICAN INSTITUTE OF REAL ESTATE EXCHANGORS,
receive the required education to become a problem solver in
their community regarding the Exchangeof real property.
Today, most Real Estate Exchanges are being performed on
properties that are listed by Residential Agents. They
include: parcels of land, doubles, duplexes, small
multi-family, single-family rentals, rental
condos/townhouses, etc. Real Estate Exchanges are not just
for the large commercial transaction anymore. With the new
Exchangeregulations they are creating a boom in the use of
this concept.
Professionals who achieve the designation become part of
a Companyof other top-notch Real Estate Professionals and
nationwide reciprocity means your achievement is equally
valued in any State to which you may relocate. In addition,
the designees are kept abreast of current events, changes,
and new ways of marketing real property.
Other objectives of the AMERICAN INSTITUTE OF REAL ESTATE EXCHANGORS,
include not only to educate the designees, but to provide
them with a national Companyof members in which they can
conduct business with all over the United States.
Today, more and more Real Estate Professionals are acknowledging the value of earning designations. For information on this designation, call
the AMERICAN INSTITUTE OF REAL ESTATE EXCHANGORS, INC., at (716)
675-7676.