Real Estate Search Blog

The GRI designation is considered the nation’s number one real estate designation. Only 19% of realtors in the United States have obtained this designation. The GRI (Graduate Realtor Institute designation) is administered and given by the National Association of Realtors. The designation is comparable to the accounting industry’s CPA (Certified Public Accountant) designation and the financial industry’s CFP(Certified Financial Planner) designation.

Charles Cherney of Hammond Residential is one real estate agent serving the Cambridge, MA area who has obtained the GRI designation. He has completed about 90 hours of classroom instruction on various topics including recognizing and addressing potential legal issues, tax policies, types of mortgage programs, fair housing laws, basics of building construction, and the home inspection process. GRI programs differ by state in order to educate participants on their own local and state real estate practices.

What does this mean for the home buyer or seller? Choosing a real estate agent with the GRI designation means you are working with one of the best and most knowledgeable real estate agents in your state and in the country. Your real estate agent will provide you with a high level of professionalism and in-depth knowledge of every step in your home-buying or home-selling journey. A real estate agent with the GRI designation is theoretically involved in all parts of the home buying or home selling process. While other agents must put blind faith into a home inspector’s findings, an agent with the GRI designation fully understands each detail and will be able to explain the results and further courses of action to the home owner.

Buying a home will most likely be the largest single investment you will make in your lifetime. Only a real estate agent with the GRI designation will understand every detail in the home-buying process, and will be able to provide you with the high quality of service needed to steer you through the process.

It seems that everyone has a story about the market down turn and, as you might expect, some of the ones involving Wellesley homes are not good. For that reason, there were a lot of potential first time buyers who were hesitant to buy their first home last year, with good reason.

All that gloom has changed now. Homes in and around Wellesley are starting to move with the apparent turn in market fortunes and that means the first time buyer needs to understand what the market looks like now and what they can expect when they get involved in it.

One of the first things that will work in the first time buyer’s favor is the fact that there are more homes available now and that gives these people the chance to look for homes in neighborhoods where the prices were too high just a year or so ago.

This is a great time to get involved with the Wellesley homes market. The first time buyer has the distinct advantage of being able to move quickly as they generally don’t need to worry about selling their existing home in a market where there is a surplus of homes for sale and they are able to find a first home that has many of the items on their wish list.