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The Graduate REALTORS® Institute (GRI)

GRI is an exciting program that provides practical real estate sales training for the novice or the veteran. The goal of the GRI program is to prepare REALTORS® to provide more professional service to the public and be rewarded through increased commission income.

Regardless of your time or length of experience, you can profit from holding a GRI designation. GRI classes are designed to cover practical topics, specialized issues and to complete the hours for broker licensure requirements in the state of Michigan.

Marketing properties, home selection and financing are just a few of the skills today's consumer looks for when they select a real estate professional. The GRI designation tells your clients and your colleagues that you have completed a comprehensive program and have earned the mark of professional excellence in the field.

The Michigan Association of REALTORS® (MAR) is the sole Association in Michigan authorized by the National Association of REALTORS® (NAR) to offer the GRI designation. This nationally-recognized designation shows you have completed the hours of education required by NAR. The designation is awarded to students who are members of the MAR.

Benefits of the GRI designation are numerous. Designees gain through increased productivity, competency and income, while increasing their network of referrals. Join over 3,700 GRI members in the state who have earned their certificate and pin and fulfilled broker licensure requirements.

According to the member survey conducted in 2003 by the National Association of REALTORS®, REALTORS®with a designation earned over $33,200 more annually than non-designees

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GRI-1

Classroom—$350
Online-$425
Approved for 30 hours broker license credit
Classroom course includes 9 hours towards Civil Rights
Online course includes 3 hours towards Civil Rights

Topics covered:

• Building a real estate business
• Americans with Disabilities Act
• Business development
• Residential construction
• Home inspection and land use
• Environmental/health issues
• Technology
• Fair housing in the United States
• Michigan Fair Housing and civil rights
• Contract law
• Michigan license law and rules and related statutes
• Real estate finance
• Professional standards
• Condominiums and cooperatives

GRI-2

Classroom —$375
Online-$425
Approved for 30 hours broker license credit
Classroom course includes no hours towards Civil Rights
Online course includes 3 hours towards Civil Rights

Topics covered:
• Law and agency
• Antitrust
• Misrepresentation
• Real estate economics
• Pricing property
• Closings
• Sales and marketing
• Federal income taxation and real estate agents
• Taxation

GRI-3

Classroom—$425
Online-$425
Approved for 30 hours broker license
Classroom courses includes 3 hours towards Civil Rights
Online course includes 3 hours towards Civil Rights

Topics covered:
• Income/expense analysis
• Time value of money concepts
• Bankers' language and you
• Current tax law
• Installment sale calculations

Hands-on, practical approach to investment real estate
Note: Instruction will relate to HP 10B-II calculator only. The HP 10B-II is required for GRI-III.

 


 

720 North Washington Avenue • P.O. Box 40725 • Lansing, Michigan 48901-7925
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