Why should you become a Luxury Home Specialist?
The Accredited Luxury Home Specialist course is a live instruction or visual online class for real estate agents seeking training in the specialized luxury homes market. Students graduating from the program are positioned to increase their profitability, enhance their service levels and confidently expand their business in the luxury market.
Earning your Designation Online
To earn the Accredited Luxury Home Specialist designation from the comfort of your home or office, your first step is to complete the online course, provided by OnlineEd. You will be trained on topics such as working with High-Net-Worth and Ultra-High-Net-Worth Individuals, how to promote yourself as a specialist in the luxury home market, and even the best ways to show homes to a wealthy seller or list a luxury home on the real estate market.
ALHS candidates also need to be members of the National Association of REALTORS® and the Luxury Home Council. A one-year membership to the Luxury Home Council is included with the ALHS course.
After passing the course, your next task will be to complete the Achievement Verification Statement (AVS). The statement requires all ALHS candidates to practice their new skills by closing on two transactions where the purchase price is at least two times the average sales price in the candidate's real estate market. The closings must be within 24 months of finishing the course. Once you use your luxury home training to complete this requirement, and your managing broker confirms your accomplishment on the Achievement Verification Statement (AVS), you will earn the Accredited Luxury Home Specialist designation.
The Accredited Luxury Home Specialist course is a live instruction or visual online class for real estate agents seeking training in the specialized luxury homes market. Students graduating from the program are positioned to increase their profitability, enhance their service levels and confidently expand their business in the luxury market.
- In a 2012 membership survey, the average listing price for an agent with the Accredited Luxury Home Specialist (ALHS) designation was $1,023,800; nearly five times the median price of all U.S. homes during the same period.
- A study by Architectural Digest and Sothebys International found that 54% of affluent families planned to buy, sell, build, or invest in housing despite the collapse of the lower priced markets. In addition, 79% believe the value of their primary home will continue to remain constant or increase.
- The Census Bureaus American Community Survey found in 2012 that $100,000-plus income households are growing four times faster than all U.S. households.
- The average annual closed sales volume for an ALHS Designee was $8,152,000 in 2011, or well over seven times the sales volume of a typical real estate agent professional.
- Complete an approved Accredited Luxury Home Specialist Course.
- Represent a buyer or seller, in at least two transactions, where the purchase price is at least two times the average sales price in the market. The transactions must take place within 24 months of taking the course or anytime prior to taking the course.
- Be in good standing with the National Association of REALTORS® and the Luxury Home Council.
Earning your Designation Online
To earn the Accredited Luxury Home Specialist designation from the comfort of your home or office, your first step is to complete the online course, provided by OnlineEd. You will be trained on topics such as working with High-Net-Worth and Ultra-High-Net-Worth Individuals, how to promote yourself as a specialist in the luxury home market, and even the best ways to show homes to a wealthy seller or list a luxury home on the real estate market.ALHS candidates also need to be members of the National Association of REALTORS® and the Luxury Home Council. A one-year membership to the Luxury Home Council is included with the ALHS course.
After passing the course, your next task will be to complete the Achievement Verification Statement (AVS). The statement requires all ALHS candidates to practice their new skills by closing on two transactions where the purchase price is at least two times the average sales price in the candidate's real estate market. The closings must be within 24 months of finishing the course. Once you use your luxury home training to complete this requirement, and your managing broker confirms your accomplishment on the Achievement Verification Statement (AVS), you will earn the Accredited Luxury Home Specialist designation.