At last week’s NSDCAR annual membership meeting, seven NSDCAR REALTOR® members were honored as the first-ever NSDCAR members to achieve the Risk Mitigation Specialist (RMS) certification. RMS certification is a new NSDCAR program that’s available for the first time for NSDCAR REALTOR® members. The seven REALTORS® who are the first NSDCAR members to achieve RMS certification included Michelle D’Aliesio, Eric Farrar, Kevin Murphy, Abra Rider, Tom Stamos, Joe Vayer and Rosemary Winn.
These seven REALTOR® members were recognized for investing in their professionalism and completing advanced coursework in risk mitigation resulting in their RMS certification. They are among an elite group of their peers who have committed extra time and effort into providing the very best service for their clients.
The seven REALTORS® were recently asked for their thoughts on earning the RMS certification and why it would be important for other NSDCAR members to also earn the RMS certification.
“I feel it’s extremely important to educate yourself in all aspects of the real estate business, especially risk mitigation,” said Michelle D’Aliesio. “As a real estate agent, it’s our number one duty to protect our clients, ourselves and our broker. Being certified as a Risk Mitigation Specialist informs your clients that you have completed the necessary steps to protect them from litigation. Risk Mitigation Specialist classes provide you with a wealth of information on many aspects covering a variety of topics. I would highly recommend getting your Risk Mitigation Specialist certification to new agents, as well as, seasoned agents.”
“When the Risk Mitigation Specialist program was announced, I knew this was an important certification to set myself apart as an expert in this area,” said Eric Farrar. “As an owner-manager, it gives our agents and clients confirmation that we are operating at the highest level in the industry.”
“I am a new broker with a well-rounded education after 28 years as an appraiser,” said Kevin Murphy. “The Risk Mitigation Program was laser specific on the needs of a real estate agent. The panel of instructors was world class, and they really cared about preparing us. They live real estate and were generous with their stories and skills on how to reduce risk and protect ourselves, our clients and the public. I would strongly recommend all the classes and electives to every agent out there, whether new or well experienced. It gives you an edge!”
“As a member of NSDCAR’s Professional Standards Committee I’ve seen firsthand the frustration that can be caused by innocent errors made during a transaction,” said Abra Rider. “I welcomed the opportunity to take this training series specifically related to risk mitigation, and encourage others to take advantage of the amazing educational opportunities offered by the Association. Risk mitigation certification is an excellent way to show your dedication to protecting your clients.”
“I had been a Risk Management Specialist with another Association since about 2003 and was thrilled when NSDCAR created the Certified Risk Mitigation Specialist program,” said Tom Stamos. “It’s so important to be up to date with the most important information and knowing how to navigate through the many serious risks to my license, the fiduciary duty to my clients, protecting my broker and my company, not to mention my family’s income. Having this designation elevates my professionalism and puts me in better negotiation positions, which makes my services more valuable than agents without it. I highly recommend this certification to all agents with NSDCAR.”
“This series of thought-provoking RMS classes is well delivered by professional in each subject,” said Joe Vayer. “They are well suited for both new and seasoned agents. Applying what is taught in these classes will help anyone with the goal of becoming a better real estate professional. This is one reason that I chose to take the Certified Risk Management Specialist courses.”
“The risk management certification is important for all realtors to always be renewing their awareness and knowledge regarding their real estate transactions, not only for themselves but their clients and their brokers as well,” said Rosemary Winn.
With litigation rates on the rise, the RMS certification can minimize your risk in a risky business. So, if you are ready to take your education to the next level, if you want to gain a competitive edge over your competition, if you want the tools to identify red flags and reduce your exposure to risk and litigation, if you want to stay on top of industry changes and provide your clients with the utmost protection during transactions, if you want to elevate your professionalism, if you want to gain a competitive edge from other REALTORS®, then the RMS certification is for you.
To achieve the RMS certification, you must be an NSDCAR member in good standing, submit an application, pay a one-time certification fee of $99 and complete seven courses, including the California Residential Purchase Agreement (RPA), Guide to Residential Disclosures, Transactions A-Z, Real Estate Settlement Procedures Act (RESPA), Safety Awareness, Property Management and Legal Update. These courses prepare REALTORS® to avoid various legal pitfalls in real estate transactions. The Coursework covers such topics as MLS rules and regulations, protecting your client, management and supervision, E&O insurance, broker liability, red flags and inspections.
Benefits you will receive with an RMS certification: Free admission on select NSDCAR courses; 20 percent savings on individual required certificate courses; Discount on C.A.R. RealCare Errors and Omission insurance; VIP registration and seating at select NSDCAR events; Re-take required or elective certificate courses at no charge; Recognition at annual luncheon.