Thursday, August 27, 2009
by Broderick Perkins
© 2008 DeadlineNews.Com
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Deadline Newsroom - The National Association of Realtors (NAR) is coming to the rescue of homeowners facing foreclosures or short sales with real estate agents specifically schooled in those subjects.
A new Short Sales and Foreclosure Certification Program (SFR) trains agents how to manage short-sales, foreclosures, and real-estate owned (REO or bank owned) transactions, and keeps agents current on national and state-specific information and regulations on these issues.
To earn the certification, agents must complete a one-day education program, either in-person or online, as well as in three one-hour Webinars. The certification program also will be offered at NAR's Conference & Expo in San Diego, CA Nov. 13-16.
Nearly one-third of all existing homes sold recently were either short sales or foreclosures, NAR says.
"Foreclosures and short sales can offer opportunities for home buyers, but it's extremely important to have the help of a real estate professional ... for these kinds of purchases," said NAR President Charles McMillan.
McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth, TX says the SFR certification program is offered by the Real Estate Buyer's Agent Council of NAR.
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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.
Perkins is also the first Examiner to cover three beats for the Examiner.com news service:
National Offbeat News Examiner
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