Listing Assistance and Advice

The main objective when listing a home on the market is to sell it at the highest possible price based on current market conditions in as few days as possible.  One of the main factors would be the competition in the market place for a home similar to yours whether it be in neighborhood, size, price range.  There are a few factors that can always help place you one step ahead of the rest and hopefully capture the eyes of buyers in a timely manner:

Curb Appeal:  This is the first opportunity for someone to fall in love with your home or dread walking in the front door.  If you have a warm and inviting, clean and kept yard with a bright entry your home invites people in on its own versus a home that looks like it needs a lot of work before you even get inside.  A home loved on the outside is usually loved on the inside as well.

Condition of home:  whether inside or out the home needs to be in the best possible showing condition.  If you have projects started, finish them.  Have you had a home inspection so you know what to expect when you do get an offer?  Sometimes it is worth the time and effort to complete the items and stick to your guns on price later knowing that nothing should be found upon inspection process.  Another option would be to inspect and reduce the price based on the inspection items providing estimates and share it with potential buyers.

Stage your home:  Both inside and out.  De-clutter whenever possible.  If possible move some of your furniture into storage so that your potential buyers can see and feel how open and spacious the home is, while wat the same time placing their own items mentally inside.  Outside set up inviting areas for people to enjoy… you know the best and worst parts of your home… accentuate the positive.

Upgrade as needed, but not overdoing it:  The kitchen and baths are the best places to improve.  They can also be the most costly.  Don’t overdo the upgrades and not be able to recoup the price based on the sale.  There are several in between ways to dress up these areas without blowing your budget.  I’ve seen people paint their existing cabinets or replace the doors only or even take the doors off to make more of a farmhouse feel.  Countertops are a great way as well to make a room pop and feel refreshed and clean.

Price:  Of course PRICE is the main determining factor in the sale of your home.  As a matter of fact it’s the main factor in if your home is even shown at all.  If your home is overpriced you will receive less showings overall.  Unless you have something NO ONE else has, your price will dictate everything.  If supply is high and it’s a buyer’s market you need to stay competitive and never miss an opportunity to get someone into your home.  If supply is low and it’s a seller’s market you have a bit more leeway in regards to your asking price, but you need to be careful none the less.

Listen to your agent:  You’ve hired a professional to market and sell your home.  Your agent wants your home sold just as fast as you do.  If they feel that something needs to be done in order to make your home more saleable, listen to them… or at least consider their opinions.  Sometimes the market gets stale and a slight correction needs to be made to the price, or an upgrade needs to be added based on competition – your agent is only trying to assist you in getting your home sold as fast as possible at as high a price as possible.  You need to put your trust and faith in them as the professional you hired to do this job.

kim endre outer banks real estate hot marketsIf you desire any specifics as to your home or neighborhood please contact Kim Endre. Just call us at (252) 255-0482 x316 or email her at kim@outerbanksblue.com.

Drill or Not to Drill on the Outer Banks: Should We Still be Worried?

Not The Answer NCI thought it was a good idea to provide an update since it had been a year since we last mentioned offshore drilling, as it relates to the Outer Banks. But then the exciting news came, after I had started writing this, of the Administration’s reversal in the plan to not include the Atlantic as a leasing option.  The big talk on the Outer Banks was still all about #NotTheAnswer or #NotTheAnswerNC or #KilltheDrill up until March 15.  The local Surfrider Chapter continued to make a lot of noise and was still making national news about saying no to offshore drilling for the Atlantic.  The National Chapter really saw this issue as an important one as it ties directly to Surfrider’s mission and came on board with the Not the Answer campaign.  Their campaign included a surfboard being passed around to local businesses starting in Florida and it moved up the East Coast ending up with over 1,000 signatures to show that they oppose offshore drilling.  That signed surfboard was hand delivered to DC this past February.  Well, it seems that the Obama Administration noticed all the opposition and on March 15 the Department of the Interior and the Bureau of Ocean Energy Management announced a revised proposal for the nation’s Outer Continental Shelf Oil & Gas Leasing Program for 2017-2022 which removed the mid and south Atlantic lease sales.  They elaborated that the removal of these areas makes sense since the revised proposal focuses leases in areas with the highest potential, greatest industry interest and where there is already established infrastructure.

It seems we still my have to convince our current Governor Pat McCrory that the potential negative impacts far out weigh any hope of income or jobs, and that these are the real concerns to his constituents.  After he initially praised the Administration’s proposed plan last year, he then went on to say that the 50 mile buffer in the plan is putting roughly 40% of his State’s offshore energy resources off limits and wanting that buffer reduced to only 30 miles.  He continues to say that drilling will bring jobs and significant revenue to our State.  It appears that the coastal counties in NC, with the exceptions of New Hanover and Carteret, have made it clear that they do not want drilling and that they feel the same way Dare County does: it is not worth the risk.  We have a huge economy that would be at risk if drilling were to commence and even more so if a spill ever occurred.  The coastal tourist industry is a well established source of revenue for the State especially here in Dare, Currituck, and Hyde counties. We cannot risk that industry for drilling.

The local Surfrider Chapter had continued to voice their concerns and stepped it up again in August 2015 when Governor McCrory was in Manteo at the Dare County Arts Council for a fundraiser.  They paired up with a local grassroots organization, LegaSea, and quickly organized a peaceful protest outside of the Council building.  About 70 people, including local students from Manteo High School’s Environmental Action Coalition group were outside the building with signs.  This isn’t the first time LegaSea has had to speak up against drilling off our coast.  They had to do this same thing in 1989 when Mobil was putting together a plan to drill a well off Cape Hatteras.  They managed to get all the way to DC with the support of the governor at that time and other officials to get their voices heard to get Mobil to go away.  Then, more recently, Surfrider had a banner fly over, that said “Oil Drilling is Bad for Busineess. NOTTHEANSWERNC.ORG” during the ground breaking ceremony of the new Bonner Bridge replacement that Governor McCrory spoke at where many other local representatives were also in attendance.  Dare County has been one of the most vocal opponents while McCrory has been one of the most vocal proponents for offshore drilling, so they make their voice known any chance they can.  The local Chapter also had another float in our infamous Kelly’s St Patrick’s Day parade on March 13th that included about 50 locals marching for their Not the Answer campaign again this year.

This battle seems to continue however, since McCrory and the American Petroleum Institute are still speaking out that they feel that the reversal from the Administration was for the far lefts and extremists only. That is simply not the case – it wasn’t just liberals or environmentalists that were speaking out opposing drilling in the Atlantic.  It was also business owners, fisherman, other commercial users and even the military and NASA, that are worried what the oil and gas industry can do when the use of our waters get limited or even worse, what happens when there is a spill.  The Interior Department indicated that it had received more than a million comments during the public comment period.  The opposition was bipartisan with 110 municipalities along the east coast passing resolutions against drilling. The risk is too big and it is not even proven that any additional jobs or revenue would be seen in any of the States along the Atlantic if drilling were allowed off of our coasts.  Well, the Atlantic is safe temporarily but not necessarily forever.  Pay attention if you feel that drilling is just not the answer!

not the answer Outer BanksCara Muglia, REALTOR®
Outer Banks Blue Realty Services

Mid-Currituck Bridge Update

The Mid-Currituck bridge proposal is back on the table and gaining steam.  Many are enthusiastically hopeful that the bridge will begin construction sooner rather later. Last time I reported, the skeptics were leading the charge about the bridge not being a possibility. Now there is some hope that the long awaited expanse will create a new frontier to Corolla. Here are the facts based on the latest NC-DOT report.

The Mid- Currituck bridge project would create a north crossing of the sound that would bypass lower Currituck, Southern Shores and Duck. This crossing would greatly help alleviate congestion and improve the flow of traffic on Saturday’s in the summer,  and if there were a hurricane evacuation The 7-mile toll bridge would connect Aydlett (Mainland Currituck) to Corolla. The project will cost 440 million. The funding will come from bonds paid back from future toll revenue and a combination of state and federal transportation tax.  At this point they don’t know how much the toll will be.

The project was put on hold in 2013 but has since been approved for inclusion in the 2016-2025 State Transportation Improvement Program. An amendment in this program states that the project should begin in 2017 fiscal year (which starts July 2016). There is a lot of preliminary work that NC-DOT will need to do before construction begins. This will include: developing a new traffic and revenue study, toll financing plan, selecting a builder, preparing final design plans, acquiring right of way, and obtaining environmental agency permits.

What does all this mean for the future of this bridge? Well that really depends on who you ask.  In my opinion with projects this large on the Outer Banks there always will be some hang up’s.  Although I am more optimistic that the bridge will eventually be built. I would much rather air on the side of cautioun based on the time it has taken to approve the Bonner Bridge, which crosses Oregon Inlet. Obtaining environmental permits in the past has been a slow process.

The future does look bright for most residence if the bridge is built. Increased revenues and home prices should follow with easier access to the Northern part of the island. Surely, businesses will see an increase in incomes as more visitors invade the beaches. The environment may be inversely impacted by the increase unless proper laws are put into place to help regulate the already difficult task. Change is an inevitable fact of life and as my father has always told me, “Embrace change son or you will get swallowed up by the past”. The future holds bright for us Outer Bankers if we follow our hearts and do what’s right in life.

mid-currituck bridgeFor more insights about the Outer Banks and surrounding area please feel free to contact Ken or Pete with Best Buy OBX of Outer Banks Blue.

Ken Baittinger
Ken (252) 305-5255
ken@outerbanksblue.com

or

Pete Salitore
Pete (252) 202-4868
pete@outerbanksblue.com

Curb Appeal—It Matters!

Like it or not, many buyers make a decision about a home before even walking through the front door.  It’s not unusual for me to take buyers to see several homes, and when we drive up to a home on their list of showings, they tell me to drive on– they don’t even want to bother seeing that particular home.  How do you boost your home’s curb appeal and create a great first impression with potential buyers?  Here are a few ways:

  • Paint the home– A fresh paint job makes a HUGE difference, especially in our market, where the weather creates a lot of wear and tear on a home’s exterior.
  • Landscape—A 2012 Home Improvement survey by HomeGain listed landscaping as the #4 home improvement in terms of cost and return on investment. This is a tricky one, as some OBX homeowners prefer a natural, beachy landscape and others prefer manicured yards with sod grass.  Generally speaking, you want to do whatever it takes to showcase your home in its best light.
  • Front Door—This is a particular “pet peeve” of mine. On the Outer Banks, front doors take a beating, particularly storm doors.  The salt air and sun can quickly destroy a door, leaving it unappealing at best, and dysfunctional at worst.  I have shown many beautiful, high-end homes near the oceanfront that are immaculate inside, but have a filthy entry door with sand, dirt, corrosion, and door knobs that are so rusted they barely work.  At the very least, clean the door and make sure the door knobs are functioning properly.
  • Mailbox—If the mailbox is falling down or suffers from the same ailments mentioned above regarding doors, it might be time to repair or replace it. Again—think about the 1st impression!
  • Pressure Wash—Buyers are very interested in the area outside of a home, as this is where they plan to entertain and enjoy the ocean breezes. Decks and porches in our area easily suffer from moisture issues- mildew and decay.  A good pressure washing, and possibly a sealant, can make a huge difference in the appearance of an aged deck.  Also, many homes employ irrigation wells that often leave a lot of rust and orange residue on driveways or on the home itself.  Pressure washing these areas can greatly enhance their appearance.
  • Garage doors— If the garage doors are original to an older home, you might think of replacing them. I realize this is a costly repair, but you need to weigh both the appearance and functionality of the doors and anticipate that it may be a cost that buyers will disproportionately deduct from the price if they decide to make an offer.

Just as staging the interior of your home is important, preparing the outside is vital as well!  Take a little time, and possibly invest a little money to make sure that potential buyers are impressed before even stepping foot in your home!

curb appealIf you are thinking of putting your home on the market or are looking for that perfect OBX beach home, I’d love to help you.  For up to date information on Outer Banks real estate call Natalie Drummond anytime at (252) 489-1166 or email at Natalie@outerbanksblue.com.

Southern Shores Confines Size, But Not Fundamental Values

Nestled between the Town of Kitty Hawk and the Town of Duck, is the Town of Southern Shores. Prior to being incorporated as a municipally in 1979, Southern Shores was a piece of the Kitty Hawk community until it was founded as a resort in 1946. According to the Town of Southern Shores CAMA Land Use Plan Update, “The Town of Southern Shores is a quiet seaside residential community comprised primarily of small low density neighborhoods consisting of single family homes primarily on large lots (i.e., at least 20,000 sq ft) interspersed with recreational facilities (e.g., marinas, tennis facilities, athletic fields, and parks), beach accesses, walkways and open spaces. These neighborhoods are served by picturesque local roads (rather than wide through streets) along the beach, in the dunes or in the sound-side maritime forest. The scale and architecture of new development and re-development is compatible with existing homes.”

Standards of the residential community were kept high and town ordinances and covenants were put in place, such as restricting the number of bedrooms in a home to seven and the septic capacity to no more than 14 people. During a town meeting, Ike Sherlock told the Outer Banks Sentinel, “We were attracted and decided to buy in Southern Shores [in 1979] because of your covenants and land use planning.” He then discussed the town ordinances from the 1970’s and 1980’s, which defined the concept of the town on, “A low density, family and residential community with a slow, carefully planned growth.”

A new North Carolina law, that became effective in 2015, prohibits that local government cannot regulate certain building design elements. The law limits local government to restrict design standards on residential construction, thus not allowing the Town of Southern Shores to have a say on the number of bedrooms permissible.

With all the seasonal visitors the Outer Banks draws it is understandable the Outer Banks is an enormously popular wedding destination. To accommodate events, such as weddings and family reunions, some of the towns have allowed the building of event homes with as many as 28 bedrooms. These homes often hold entire wedding parties and even wedding receptions.
With the buzz of an event home being proposed in Southern Shores residents were outraged. The subject property had plans to be built on Ocean Boulevard with 16 bedrooms, a 1,000 square foot deck, and 2,500 square foot ballroom. Residents believed such a property would deface the fundamental personality of the town. However, with the new law in place no longer allowing restrictions on number of bedrooms, the town was forced to assess options for attaining control over larger homes.

One of the apprehensions with such a sizable home was the safety and traffic it would procure with a larger number of guests staying in the home. Sprinkler systems and marked exits are requirements for commercial buildings; nonetheless, despite the size of the home, these safety precautions would not be required due to the residential class. According to the Outer Bank Voice, “Already on the town’s books is a regulation that restricts event venues to the commercial district. Other than small changes in the language, the council kept that rule in place. Under it, a house advertised as an event home could not be built or operated in a residential zone.”

Good news came to the residents of Southern Shores at the end of January with the decision to limit the size of new houses to 6,000 square feet. The town council made the decision after weighing out other proposed options being the town was no longer allowed controlling the amount of bedrooms. Along with the decision regarding square footage, the council also replaced the parking specification to no longer reflect the number of bedrooms but instead base it on septic capacity, the Outer Banks Voice reported.

As for the other towns on the Outer Banks, ordinances vary heavily. The towns of Kitty Hawk and Kill Devil Hills have no limits. The Town of Nags Head has a maximum of 5,000 square feet and on home sites less than 16,000 square feet, a maximum of 3,500 square feet. These square footage laws have been in place since 2003. North of Southern Shores, the Town of Duck has added an amendment to their ordinance that factors home site size and septic capacity to determine occupancy numbers.

The Best Real Estate MarketDanielle-2015-10-14-1For more information please feel free to call Danielle and Danny Fenyak at (252) 256-1818 or email Danny at dfenyak@outerbanksblue.com.

Outer Banks Beach House: Time to Buy or Sell?

Before I jump right in with a resounding “yes” I hope to answer more than the question of whether it is time to buy or sell an Outer Banks beach house. I want you to see the positive outlook for both buyers and sellers alike. I would like to think that anyone will do well from either side of the [negotiating] table as prices have not skyrocketed like the early-to-middle years of the previous decade. Given the current economic conditions and financial policies in place we should not see a bubble like that again in our lifetime, hopefully. Either way, the year-over-year gains is a confidence booster for all parties.

According to the Outer Banks Association, or REALTOR MLS, single family homes have seen modest gains in prices (~1.4% annually) over the past 5 years as well as shorter average time on market (~5.9% less time) and decreasing discounts off asking prices (less than 5% off, versus a little over 6%). These are some of the favorable market attributes from the sellers’ perspective. What’s in it for the buyers? Five years of gains (remember I said modest) instills confidence in the market. The gains aren’t enough to have buyers feeling “priced out” and, 5 years of gains shows that the tide has most likely turned for the next upcycle. To offset the small increase in cost of ownership, due to price appreciation, the interest rates are down about 1 full percentage point in that same time period; according to Freddie Mac. I even saw a 3.75% rate for a 30-year loan with no origination points on a lender’s rate sheet last week!! Since recordkeeping of mortgage rates has been tabulated by Freddie Mac in the early 1970s, this is the 2nd lowest average rate year we’ve seen. The lowest was in 2012. There is a lot of chatter out there in the markets saying that the rates could possibly go even lower.

When the conditions are right, it’s always a great time to buy or sell a home. Currently, we are in a favorable market for either side. If you are buying or selling a vacation rental home, now is one of the best times of year to get in the market, or get your home on the market for sale. The main rental season starts at the end of May. There is a strong demand to purchase rental homes and to time the closing to where the rental income begins flowing immediately, or shortly after closing. In many cases, rental deposits have already been taken and would be an instant bonus at closing for the buyers. The bonus for the sellers is that the discount (off of asking price) is at its lowest on the closings occurring between April and July, which translates to contract signing occurring between February and May.

adamFor a complimentary professional consultation for buying and/or selling Outer Banks real estate, feel free to call or email me anytime. I look forward to hearing from you soon.

Adam Burkhimer
(252) 256-0086
adamburkhimer@gmail.com

**All statistics and real estate statistical references are sourced from OBAR MLS 01/01/2011 – 12/31/2015

The Outer Banks Rallies for Sea Turtles

outer banks sea turtlesThe cold winters eve came quickly the first week of January and caught many off guard as it had been in the high 70’s the week before with warm waters and flip flops in the sand. The tides turned quickly and brought in extremely cold water temperatures which while we can predict and forecast marine life cannot and in turn got caught in the cold.

Over 349 cold stunned green sea turtles were rescued from the Outer Banks coastlines from Hatteras to points north. These turtles were transported by many volunteers and trained staff from area state parks, NEST (Network for Endangered Sea Turtles), OBX SPCA, and the National Park Service. The calls were made and the troops rallied…. They scoured the beaches to collect, tag and eventually transport to their temporary hospital housing at the North Carolina Aquarium on Roanoke Island. Several of the NEST Volunteers brought in more than 200 of these injured turtles on the 6th of January and didn’t have to look far to find them… every time they would tag one they would walk up on another…

Once they were brought to the facility they were separated into three groups (Active, Lethargic, and Shows No Signs of Life). The emergency veterinary team took vitals on all of them including temperature and weight, they were examined for other wounds needing any attention and then they were placed in dry containers (plastic tubs and cardboard boxes) on top of a towel, many of which were donated by the local real estate companies and families from the area, and then placed in temperature controlled settings where their body temperatures were raised very slowly.

After a night of rest and temperature regulation the turtles that responded well were placed in the aquariums “swim tanks” to see if they were capable of swimming vs just floating. The swimming turtles were moved to another holding tank and on January 7th – two days after the cold snap, 85 turtles were deemed strong enough to return to the open water and were shipped to Florida on a US Fish and Wildlife Service truck. The next 120 left on January 11th via a NC Wildlife Resources truck. To date only 9 have been reported to have died from the cold stun event.

The North Carolina Aquarium System has issued an urgent request for donations to help cover the costs of the unpaid and unforeseen expenses for this rescue operation. To assist in this effort please contact Jennifer Gamiel at the aquarium. (252) 475-2307.

If you find a stranded turtle contact the Stranding Hotline at (252) 441-8622. This is a 24hr hotline of certified and trained team members that will care for and remove the turtles as needed.

If you are interested in volunteering for or donating to the local NEST (Network for Endangered Sea Turtles) organization or just finding out more details on them or the turtles please go to their website at www.nestonline.org – they have a wide variety of options for anyone interested in becoming a “team member”.

kim endreKim Endre, Sales Manager, Broker, ABR, GREEN, RSPS, SFR, SRES, REALTOR®
(252) 202-3696
kim@outerbanksblue.com

Bonner Bridge Construction Underway

The Outer Banks is one of the most unique and desired beach locations for visitors from all over the United States and the world. These visitors flock to the Outer Banks for many different reasons such as surfing, recreational or sport fishing, windsurfing, kiteboarding, family reunions, and weddings. The southern portion of the Outer Banks is Hatteras Island, which includes the villages Rodanthe, Waves, Salvo, Avon, Buxton, Frisco, and Hatteras. In order to cross over onto Hatteras Island, from the north, visitors must cross the Bonner Bridge. The Pamlico sound and Atlantic Ocean join under the two and a half mile bridge that connects Bodie Island and Pea Island. The Bonner Bridge, which was built in 1963, is the only highway connection from mainland North Carolina and Hatteras Island.

The Bonner Bridge was once expected to have a 30-year life span and has since exceeded those dates. Between local traffic and seasonal tourism traffic the bridge handles about two million cars a year. Together with the high volume of traffic, steady beach erosion, and turbulent storm seasons, the state is persistently forced to defend the integrity of NC Highway 12. Even though it is considered to be safe for travel, because of the constant maintenance, the North Carolina Department of Transportation (NCDOT) has given the Bonner Bridge a four on a scale out of a possible 100 for structural integrity.

Due for replacement many years ago, the construction of a new bridge has been continuity hindered attributable to environmental lawsuits brought by means of the Southern Environmental Law Council. After many years a settlement agreement between lawyers from two conservation groups and NCDOT was reached, on June of 2015, with lawsuits officially being dropped on August 14, 2015, allowing a new bridge to be built parallel to the Bonner Bridge. The building of the new bridge will come as a relief to the many that live, travel, or own businesses and rely on the bridge as a necessary lifeline to the mainland.

On November 20, 2015, Governor McCrory announced utility work required to begin construction of the new Bonner Bridge replacement is underway. In the press release from November 20, 2015, Governor McCrory stated, “After decades of delays and court challenges, the people of Dare County and North Carolina will finally begin to see construction on the replacement for the Bonner Bridge. The Bonner Bridge has been a lifeline for the residents and visitors to the Outer Banks, and this first step toward building its replacement is a historic milestone for the region and entire state.”

According to the press release, Cape Hatteras Electric Cooperative is doing the utility work and PCL Civil Constructors Inc. and HDR Engineering Inc. of the Carolinas will be in charge of designing and building the bridge. The bridge is expected to cost $216 million dollars and take three years to fully construct.

The Best Real Estate MarketDanielle-2015-10-14-1For more detailed information on the current state of the Outer Banks real estate market, please feel free to call Danny Fenyak at (252) 256-1818 or email him at dfenyak@outerbanksblue.com.

The 4th Annual Seafood Festival

It’s always great when seafood is involved!

The 4th Annual Seafood Fest is this weekend, October 17th, at the new and improved Outer Banks Event Site at milepost 16 in Nags Head. Not only with there be local seafood prepared in many different ways by local restaurants to enjoy but there will also be live music, local artisans, cooking demos, educational booths, marine life exhibits, boats, and non-profit vendors. They recently announced they will be having the Outer Bank’s Captains from Wicked Tuna to meet and give their autographs. The Captains scheduled to appear are Capt. Britt Shackelford of the Doghouse, Capt. Greg Mayer of Fishin’ Frenzy, Capt. Charlie Griffin of Reels of Fortune and Capt. Tami Gray of the Reel Deal. Captains Griffin & Gray will also be doing activities with Outer Banks Catch in their tent throughout the day. There will be something for everyone to enjoy!

This event was developed with the mission to provide a fun and educational way to promote, honor and celebrate the coastal seafood heritage and community here on the Outer Banks. So many folk’s lives here on the Outer Banks revolve around our waters and our local seafood industry. Whether they fish, shrimp, or crab; have a restaurant or seafood market; build, repair or maintain boats; or one of our roadside crab shedders, it is truly part of life on the Outer Banks. This isn’t an easy way of life and there are many challenges each and every day. It could be weather, politics, nature or personal challenges that impact their way of life, but it is a very proud part of life here on the Outer Banks. This Festival is a great way to get out to learn more about it and show appreciation for the seafood community.

The Seafood Festival is just one way to come out and enjoy our great local seafood while supporting that part of our local community. You can also make sure to support our local seafood industry by eating at restaurants that serve locally caught seafood and to purchase your seafood from a market that sells locally caught seafood. There will be many local restaurants there serving all different types of seafood as well as breweries & vineyards that will be there at the Fest so you have something to wash your seafood down. Parking is very limited at the site, but there are many locations all around town for free shuttle service to and from the event site to make sure it is convenient for everyone to be able to attend. This is an all day event from 10:30 a.m. – 6 p.m. Admission is $3 and children under 12 are free. All food and drink must be purchased with Sea Bucks which can be purchased online in advance or at the Festival. You can find all kinds of additional information at the official Seafood Fest website at www.outerbanksseafoodfestival.org.

not the answer Outer BanksCara Muglia, REALTOR®
OBX Home Group at Outer Banks Blue Realty Services

REALTOR® Designations and You

As you know from reading REALTORS® e-mails, websites, bios and such there is an alphabet soup that we REALTORS® love to share with other clients and the public. These letters correspond with certain “designations and certifications” offered by the National Association of REALTORS® in order to expand our knowledge base and continue our education. The following is a description of each REALTOR® Designation and what it may do for you or someone you know:

ABR: Accredited Buyer’s Representative: The ABR is designed for the real estate buyer agent that may want to FOCUS on working directly with BUYER-CLIENTS at every stage of the home buying process. Just because your listing agent has the designation just means that they are well versed in working with either buyers or sellers as the case may be.

CRS: Certified Residential Specialists: This designation is the highest credential awarded to a residential sales agent, a manager, or a broker.

GREEN: This allows the real estate professional to successfully seek out, understand, and market properties with GREEN features.

GRI: Graduate, REALTOR Institute: REALTORS® with their GRI’s have in-depth training in legal and regulatory issues, technology, professional standards, and the sales process.

SRS: Seller Representative Specialist: This is the premiere credential in seller representation. It was designed to elevate the professional standards and enhance personal performance.

SRES: Seniors Real Estate Specialist: This program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate; clients 50+.

RSPS: Resort and Second Home Property Specialist: This is for the REALTORS® who facilitate the buying and selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational and/or vacation destination.

SFR: Short Sales and Foreclosure Resource: This certification teaches real estate agents to work with distressed sellers and the finance, tax and legal professionals who can help them in the process and qualify the sellers for short sales, develop strategies to market the homes, negotiate with lenders and protect buyers.

Each of these and the other certifications and designation programs that are not listed here all require the respective agent to attend core courses, elective courses, have already worked with and have a working knowledge and base with these types of clients, complete final tests and then continue their learning with practical experiences.

While there are additional designations, the above are the ones held by one or more members of the Outer Banks Blue Realty Sales Team. We are proud of our REALTORS® and their continued efforts to expand their knowledge base for you our clients.

kim endre outer banks real estate hot marketsIf you desire any specifics as to your home or neighborhood please contact Kim Endre. Just call us at (252) 255-0482 x316 or email her at kim@outerbanksblue.com.