Real Estate Abbreviations

As with any organization, the real estate industry often relies on abbreviations and acronyms
to describe a service, association or designation. Listed below are some of the more common acronyms:

AACI
Accredited Appraiser Canadian Institute

ABR®
Accredited Buyer Representative

ABRM®
Accredited Buyer Representative Manager

AFM
Accredited Farm Manager

AIC
Appraisal Institute of Canada

ALC
Accredited Land Consultant

AMP
Accredited Mortgage Professional

ARA
Accredited Rural Appraiser

ARM
Accredited Resident Manager

BOMA
Building Owners & Managers Association

CAHPI
Canadian Association of Home and Property Inspectors

CCI
Canadian Condominium Institute

CCIM
Certified Commercial/Investment Member

CIMBL
Canadian Institute of Mortgage Brokers & Lenders

CLP
Certified in Land Planning and Development

CMA
Current Market Appraisal

CMHC
Canada Mortgage & Housing Corporation

CMR
Certified in Marketing of Real Estate

CPM
Certified Property Manager

CRA
Canadian Residential Appraiser

CRB
Certified Real Estate Brokerage Manager

CRE
Counselor of Real Estate

CREA
Canadian Real Estate Association

CRES
Certified Real Estate Specialist

CRS
Certified Residential Specialist

E&O
Errors and Omissions Professional Liability Insurance

FRI
Fellow of the Real Estate Institute

FRI(E)
Executive Fellow of the Real Estate Institute

FRICS
Fellow, Royal Institution of Chartered Surveyors

FSBO
For Sale By Owner

MLS®
Multiple Listing Service® (a certification mark owned by the Canadian Real Estate Association)

MPAC
Municipal Property Assessment Corporation

MVA
Market Value Appraiser (Residential)

OA-AIC
Ontario Association Appraisal Institute of Canada

OREA
Ontario Real Estate Association

PCC
Private Career College

RECO
Real Estate Council of Ontario

REIC
Real Estate Institute of Canada

SRS
Specialist in Real Estate Syndication

VOW
Virtual Office Website