Saturday, March 31, 2018

The NAR’s Green Designation and Green REsource Council


A real estate broker with Crestar Realty in Harpers Ferry, West Virginia, Patricia (Trish) Sanderson holds active licensure as both a real estate agent and broker. She is also a certified REALTOR through a local chapter of the National Association of REALTORS (NAR), an organization that recognizes high standards of professional competence and ethics. Patricia Sanderson has secured several specialized designations through NAR, including a recently-obtained Green Designation. 

The NAR's Green Designation was created to address the growing demand for information about sustainable and environmentally-friendly housing. Realtors who hold this designation have demonstrated a committed interest to locating, understanding, and marketing real estate with green attributes.

The Green Designation was established by the Green REsource Council, a subsidiary of the NAR and a creation of the Real Estate Buyer's Agent Council. Providing a wide range of educational resources and tools, the Green REsource Council has positioned itself at the vanguard of consumer/builder sustainability awareness and green real estate advocacy in general.

Tuesday, March 13, 2018

More Millennials Are Buying Their First Homes


West Virginia realtor Patricia (Trish) Sanderson assists buyers and sellers through her work at Crestar Realty. As a realtor, it is important for Patricia Sanderson to keep up with trends in both the West Virginia and national real estate markets. One trend affecting the national market is the increase in millennials looking to buy their first homes.

Research shows that after a long slump that coincided with the recent economic downturn, an increasing number of millennials, defined as adults between the ages of 18 and 34, are beginning to consider purchasing their first homes. As the job market grows and wages rise, millennials currently renting now have the income they need to invest in hones. Several trends have been noted related to this growing group of buyers:

- Millennials tend to skip the proverbial “starter home” in favor of larger, more expensive homes. 

- Perhaps due to a lack of ready cash, millennials are avoiding fixer-uppers and gravitating more toward homes that have been fully updated and are move-in ready. 

- Amenities valued by millennials include large, modern kitchens and bathrooms, green features, open floor plans, strong Internet and cellular service, and a good location.

- This age group relies heavily on mobile technology and is extremely well informed. Most millennials research properties extensively before visiting them. 

- Most millennials utilize real estate agents to assist them in the homebuying process.

- When looking at homes, many millennials rely on the opinions of their parents. Realtors often end up showing homes to large groups of people that include close family and friends.