For many real estate professionals, short sales and foreclosures are the new “traditional” real estate transaction. Knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities are not merely good skills to have in today’s market—they are critical. And while short sales and foreclosures are not for the faint of heart, agents with the proper tools and training can use these specialty areas to build their business for the long term.
The SFR is a NAR (National Association of Realtors) certified course. The SFR certification is the only one of its kind that focuses on both the buyer and seller sides of distressed property transactions.
I have received this new designation, the SFR (Short Sales and Foreclosure Resource) Designation. I have completed live classes and online training to bring my clients the highest level of service with short sales and foreclosures in Clarksville TN. The National Association of REALTORS offers the SFR certification to REALTORS who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.
According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. REALTORS who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. In this market I felt it was very important to be as knowledgeable as possible to help not only sellers in troubled times, but buyers as well. There are many aspects of a transaction that can change depending upon the situation of the seller, being able to help a buyer or a seller walk through this transaction and have answers and direction when necessary are great tools to have.