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Exclusive Representation FOR BUYERS ONLY with over two decades of Martha's Vineyard Real Estate knowledge and experience.

Martha's Vineyard Real Estate Frequently Asked Questions
~ FOR BUYERS ONLY ~

Not all realtors are REALTORS®.
What does it mean to be a REALTOR
®?

The public has adopted the name "realtor" as a generic description for anyone who is engaged in the real estate sales profession. It's the same way we gave facial tissue a one-word name -- kleenex. However, not all real estate licensees are REALTORS®. The term REALTOR® is a registered collective membership trademark that identifies a real estate professional who is a sworn member of the NATIONAL ASSOCIATION OF REALTORS® (NAR) and subscribes to its strict Code of Ethics.

What is an ABR®?

ABR® is an acronym that stands for Accredited Buyer's Representative. ABR® is a designation earned through the completion of an extensive multifaceted classroom training program on buyer agency practices and procedures followed by written examinations. However, the designation is not awarded until the applicant is able to submit evidence of practical experience as a buyer's representative --- that means a number of transactions successfully closed representing the buyer's side. Learn more about Buyer Agency.
.

Why work with a CRS®?

The CRS® (Certified Real Estate Specialist) designation is indisputably the highest level of distinction any REALTOR® can achieve in residential real estate.

CRS® members have completed advanced training in residential real estate and have successfully completed the high volume of sales transactions required to earn the CRS® Designation. They excel in both experience and education; they are consummate professionals. There are less than 39,000 active CRS® designees nationwide with an average of 16 years full-time experience in residential real estate.

When interviewing a CRS® to assist you in the purchase or sale of real estate, you should expect an agent displaying the CRS® designation will be an experienced professional. Here is how you can find a CRS®.

SplitRock Real Estate, LLC
~Exclusive Buyer Agency~



































w w w . S P L I T R O C K R E . c o m

SPLITROCK REAL ESTATE, LLC - Exclusively Representing Buyers Only for the purchase of Luxury, Vacation Resort and Second Home Real Estate for sale on Martha's Vineyard Island, Massachusetts, United States of America

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FOR BUYERS ONLY
Is your Agent your friend?  |  Why use an Exclusive Buyers Agent?  |  Videos For Buyers Only  |  Who Pays an Exclusive Buyer's Agent?
Buyer-Client? Buyer-Customer?  |  What are Fiduciary Duties to a Principal Client?  |  Why you need a Home Inspection  |  Environmental Issues

Financing
The Financing Process  |  Understanding Your FICO Credit Score  |  Locking in the Loan Rate  | Property Tax Considerations

The Closing Process
Preparing for the Closing  |  Homestead Exemption  |  Owner's Title Insurance  |  The HUD-1 Form  |  The Real Estate Closing

Real Estate FAQ
What is the Land Bank?  |  Why have a Land Bank?  |  What is the Fair Housing Act?  |  What is a Land Survey?  |  What is Title-5?  |  What is the MIL Rate?
What is a Tax-Deferred 1031 Exchange?  |  What is a Buyer's Agent?  | What is an Exclusive Buyer's Agent?  |  What is an ABR®?  |  Why use a CRS®?
What is a REALTOR®?  |  What is an e-Pro®?

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