Yerkes Upstate
and Only Way Realty
Your SC Results Team!
with multiple offices to serve YOU better
864-209-1864

Yerkes Upstate SC Blog

2
May

What is an MRP and Why Use One?

MRP - Military Relocation ProfessionalWhen military staff and their families relocate, the services of a real estate professional who understands their needs and timetables makes the transfer easier, faster, and less stressful. The MRP (Military Relocation Professional) certification focuses on educating real estate professionals about working with current and former military service members to find the housing solutions that best suit their needs and take full advantage of military benefits and support.

A Military Relocation Professional (MRP) has the understanding to address your situation and the knowledge to make the most of every selling and buying transaction. An MRP can help you find a location with convenient access to the military benefits you’ve earned and help you navigate the discharge process from a real estate perspective. 

When military staff and their families relocate, the services of a real estate professional who understands their needs and timetables can make the transfer easier, faster and less stressful.  Realtors® who earn the MRP certification know to work with active duty military buyers and sellers, as well as veterans. 

“Service members may only have a couple of days to view properties and make an offer, and others might be deployed at the time and need someone who can represent them while they’re away. Working with a Realtor® who understands the singular complications that arise with military service can help make the home buying process simpler, faster and less stressful,” said National Association of Realtors® President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. “The MRP certification lets home buyers and sellers know that a Realtor® knows the ins and outs of military housing benefits, such as zero-down payment loans, and the specific needs service members and veterans have when searching for their new home.”

The certification provides NAR’s members with resources to accommodate current and former military service members at any stage of their military career.


Why Use an MRP?

Homeownership is an important part of the fabric of America, and having a stable home environment is vital when men and women of the military are called away to serve their country.  That’s why working with a REALTOR® who understands their specific needs and timetable will help make the transfer easier, faster and less stressful.

A REALTOR® with the MRP certification has the knowledge and skills for working with veterans and active duty military buyers and sellers to ensure that homeownership remains affordable and accessible

Real estate professionals help Servicemembers, Veterans, and their families find suitable housing. They can help find local lenders who provide VA loans and advise prospective homeowners about obtaining a VA Home Loan based on their professional experience. 


Why Veterans Need Military-Friendly Real Estate Agents

Why Veterans Need Military-Friendly Real Estate Agents

Buying a home will likely be one of the biggest purchases of your life. Having a knowledgeable real estate agent to walk you through the process is imperative for a smooth transaction. This is especially true if you're purchasing with a VA home loan.

Here are three key reasons why using a military-friendly real estate agent benefits VA home buyers.

1. They understand the unique needs of VA home buyers

Active-duty service members relocate frequently. When receiving permanent change of station (PCS) orders, service members receive 10 days of leave to scope out the new duty station and complete a home search. Choosing an agent who understands this short time frame and can dedicate the time necessary to find a home during this compressed period of time is essential.

Due to frequent relocations, it’s also important for agents to understand the importance of strong resale value. Agents who work with active-duty service members understand they'll need to identify a home that not only fits the service member's current needs. The agent also needs to make sure the home has the potential for a quick and profitable resale if the service member receives PCS orders again.

2. They're passionate about serving those who’ve served

Agents who identify as military-friendly frequently have a passion for serving those who’ve served. Some have served themselves, others have close ties to someone who has, and others simply have a desire to give back to those who’ve given so much for our country.

3. They understand the unique requirements of the VA loan

The Department of Veterans Affairs has created a few unique requirements for VA loans, to ensure buyers purchase homes that are a solid investment. The VA established a set of minimum property requirements (MPRs) to ensure all homes purchased by veterans and service members are safe, sanitary, and structurally sound.

VA appraisers are tasked with the responsibility of outlining any features not meeting the MPRs, and any issues will likely have to be fixed prior to closing. An agent who’s worked with VA buyers and understands MPRs is a great asset when doing a walk-through on a potential property—he or she can point out possible MPR issues before going under contract.

 

NOTE: South Carolina Realtors Association was one of the first states to sponsor the MRP designation for its membes. Developed by NAR, the certification is inteded to demonstrate REALTOR® commitment to helping armed service members find housing solutions that best meet their needs and allow them to take full advantage of their military benefits.


[Source: Realtor.com]

For details about our military specific real estate services, visit our Military Support Center.


 


Yerkes Upstate
Military Relocation Real Estate Services

RESIDENTIAL, INVESTMENT, COMMERCIAL

LAND, FARM, PROPERTY MANAGEMENT
Global Relocation and Referral Services

Personal * Service * Support * Professionalism * Integrity

Providing friendly dedicated service - customized to your needs.

Using state-of-the-art methods to find the right property for you
and/or sell your property at the best possible price.

 

YerkesUpstate.com
 

Yerkes Upstate SC

  

Blog Archives