Buying or selling a home is stressful enough for civilians, but military personnel face additional challenges. They may have to take quick action when closing a deal. If they are buyers, they may be unfamiliar with their new town. They have no idea how long they will be in their new home before the next PCS.
Taking it a step further, if the person is on active duty, they won’t even be in town for inspections, open houses, and the many other components and steps of the sale of the home. This is more than enough of a reason that hiring a Military Relocation Professional is one of the most important decisions that can be made. Continue reading while we share how MRPs are a huge asset for military homebuyers.
Military Relocation Professional: Defined
A Military Relocation Professional is a real estate agent who is a member of, and in good standing with the NAR (National Association of Realtors). First, these professionals must complete an MRP certification program that teaches them how to work with servicemembers, their families, and veterans to find housing options and utilize available benefits. Then they must pass an exam at the end of the course.
Many MRPs are military spouses, family members, or veterans themselves. Whether they share a personal military connection or not, all are devoted enough to military clients to invest the time and money necessary for certification.
What are the Benefits of Working with an MRP?
When it comes to military home buying and home selling, an MRP just gets it. They understand and expect that the process is different than your everyday real estate transaction. Here are some of the many benefits of working with an MRP:
Local Knowledge
An MPR that is native to the area will most importantly be familiar with the local market trends. They will also know all about the nearby amenities, and schools, and have connections and relationships with other real estate professionals.
Experts with Short Timeframes
An MPR knows that their buyer or seller needs to act quickly, and doesn’t have time to waste. Their skills and discipline allow them to find a home, write a purchase agreement, and negotiate the final terms in a short period of time.
Assistance in Utilizing Benefits
In most situations, VA loans are available, and they can increase purchasing power. Using an MRP can help you determine what the terms are and suggest VA lenders.
Present for the Process
It isn’t out of the ordinary for military buyers to be forced to commit to a home they’ve only viewed online, and sellers may not even wrap up the transaction before shipping out. This is where the MRP is invaluable. When the buyer/seller is not available, they can attend inspections, repairs, and closings in their place.
Are you Thinking You Need a Military Relocation Professional?
Buying or selling a home while serving in the military is challenging, but there’s no reason to go it alone. A good MRP has been through many PCSs and can help anyone buy a home while serving in the military. Our Realtors with 316 Realty Group are well-versed in assisting military members and their families, and we would love to help you next! Give us a call today!