Well, what the heck do they all mean?
I just finished taking my GRI class, as well as a few months ago took my ABR classes. What do they all mean to anyone? Education is my answer to all. A few designated letters to your business card for some as it is more like a General has stars on his jacket. Education is key and the letter symbols are for certain types of classes a Real Estate Professional has taken.
Buyers looking for an agent should look for an agent with an ABR & GRI, as this is what they really mean. The GRI basically is an education on the blood and guts of the house. If you have ran accross a builder, construction house builder, roof specialist, windows expert, electrical expert, plumber, concrete and brick layer, this is what the GRI training and education will give the real estate professionals. How the cracks in the basement start, why, and whats the remedy if necessary. Hydrostatic pressures, roofs leaking, missing flashing and where it needs to be replaced, windows with chemicals inside to slow down the looping air inside the glass, as well as air flow inside your gypsem drywall that may be slowed up by closed cell foam. These are all types of things an agent with the GRI will know and understand about the house you are looking at with them, and to listen to there opinion on the functional house. Why does the concrete lean towards the house as well as the footings sinking and the house shifting causing cracks above the doors in the entryway. Again, more information that you might want to know about when using and agent that has benefited from an education from the GRI classes.
ABR, is the next topic. Accredited Buyers Rep. is really what you need to understand. How tight lipped can your agent become, as well as protect you from everything possible from the sellers that might occur. The ABR class will teach an agent to be very good at negotiating and understanding your interests and what options you have legally in the transaction. A good lawyer is what you might feel working with on this one. Legal issues to legal paperwork and addendums that may keep you from reaching deeper into your wallet. I cannot express using an ABR for an agent!
ABR & GRI - If the agent has these, sit back and watch them work for you, and your best interests, as they are certainly trained professionals that have taken classes above and beyond the bar of excellence!
Dave Werth - Kvamme Real Estate
218-790-7653 / davew@kvammerealestate.com
Real Estate in the Fargo Moorhead, ND/MN area is certainly not slowing up as the rest of the nation takes on the winter months. Fargo Moorhead Real Estate and homes for sale in Fargo, ND and Moorhead, MN are holding ground as a number of new MLS listings come out each day. There are more property's listing each day in the month of October and November then there are houses selling/closing/pending.
The sellability of homes are gaining ground from the past year with an increase in value, as we saw about a 4-7% average return on your home investment value this past year. The 2009 year has high hopes with anticipation of lowered interest rates maybe as low as the high 4% according to a number of mortgage lenders in the valley.
HUD homes and Foreclosures are not as popular as they are in the south western part of Minnesota, as sub prime lending did not hit the Fargo Moorhead area as strongly as it did in other areas. ND was one of the lowest ARM or Adjustable Rate Mortgages and Subprime lending states which proves the minimal amount of foreclosures in the state of ND. Northwestern Minnesota does not include the southern part of Minnesota as statistics also provide little to no reposessed propertys.
Fargo Moorhead is a great area to look into for growth in your investment and equity in your home, as 2009 looks like a good year to come. Purchasing a home in the next few months will have some benefits, especially with legislation giving a $7,000 tax credit for persons that bought a home in the past 6 months and through the upcoming april.
Good luck to all and contact me if you have any questions!
Dave Werth
218-790-7653 / davew@kvammerealestate.com / www.NewRealEstateProperty.com
GRI Classes are a must if you are new to Real Estate. I just finished and cannot stress the difference it will make when you are done with continuing education. I have been selling real estate and wish I would have had this knowledge when I started. If you are looking for continuing ed., look towards the GRI classes. I didn't take it for the alphabet soup labels behind my name, but for confidence in understanding how houses work, how they don't work, how to fix them, and what consists of the entire house from head to toe and in the mechanical sense as well. Knowledge of what is correctly called what and why it is where it is, and what is jimmy rigged and what isn't. I guarantee a great educational experience and worth your time to take this one if you are looking for CEU's.
Dave Werth
Kvamme Real Estate
Time to buy, or time to assume!
A number of people are ready to walk away from there homes, without knowledge of a number of things they can certainly do. First of all, this is about a few examples of people our office has came accross in the past few weeks.
1. Is your loan assumable?
2. How many months are you behind?
3. What do you owe and what is your house currently worth?
4. Did you know there are people that can assume your loan?
5. Did you know, banks will settle for less if you sell your home lower than what you owe?
If you can answer a few of these and not sure about your situation, there is hope You are not alone, trust me, and thats what the National Association of Realtors are educated in doing! Teaching agents how to, deal with your situation. If you can by any chance get out of your current mortgage and give every angle possible, it might be possible.
Contact an agent of your choice and find out if you are too far in debt. Contact an expert on short sales as these Real Estate Professionals will most likelly get you out of the problem, if still possible. Do not walk away and quit making payments, as there just might be hope that you can get out of a little ripple in your life!
Good luck to you and remember you are not alone!
Dave Werth 218-790-7653
As all area agents in my area and accross the country have taken almost every real estate website domain, I am asking for helpf from everyone.
My current website is www.NewRealEstateProperty.com - Please go to so you get an idea that might help.
Too Lengthy, so I need some help from everyone. Any suggestions, as you should go to my site, as you will get a good idea of the area, names, wording, and maybe come up with something. If I choose your suggestion, I will send you a $50 gift card to your favorite restaurant!
Thanks as that is what the Active Rain Community and friends are for!
Dave Werth Realtor. Fargo Moorhead West Fargo Real Estate & Rural ND MN. Land for Sale. Licensed in North Dakota & Minnesota. First Time Home Buyer Education Instructor. Homes for Sale Fargo Moorhead
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