Everywhere you look you can find someone advertising that they are a Realtor. You most likely have a family member and even several friends that have their license. So, how do you know which one to choose? Well, there are many additional qualifications that a Real Estate Agent may have that could be helpful to you. One additional qualification that can be very helpful when looking for a home in a deed restricted community is a Community Association Manager (CAM) license.
A Community Association Manager is a licensed professional who is responsible for managing and supporting community association’s such as HOAs and Condo Associations. This can be very beneficial to buyers. A CAM can educate their buyer on the restrictions that may exist in a community whether a pro or a con. CAMs are also versed in budgeting for these communities. This can prove especially helpful when looking to purchase a condominium. In addition to may rules and regulations, condominiums also have many shared expenses.
Having a Realtor that can help you look at an Annual Budget and Balance Sheet and help you understand the financial stability of a condo can be very important when trying to be sure you are making a sound investment. Whoever you choose to represent you, make sure they are looking out for your best interests and have the necessary knowledge to assist you in making one of life’s largest investments.