According to National Association of REALTORS® (NAR) data, nearly one-third of all existing homes sold recently were either short sales or foreclosures. To help REALTORS® meet the needs of home buyers and sellers who need these services, NAR has launched a new Short Sales and Foreclosure Resource (SFR) Certification. The SFR Certification will give you a framework for understanding how to: • Direct distressed sellers to finance, tax, and legal professionals • Qualify sellers for short sales • Develop a short-sale package • Negotiate with lenders • Tap into buyer demand • Safeguard your commission • Limit risk and protect buyers This is the ONLY Short Sale certification course recognized by NAR. To receive the SFR Certification, you must complete the one day core course and successfully pass the exam, as well as view three 1-hour Webinars, and submit completed application ($179 application fee). For more information, visit http://realtorsfr.org
NAR’s Short Sales and Foreclosures Course also meets the elective course requirement for the ABR® Designation awarded by the Real Estate Buyers Agent Council (REBAC). For more information about the ABR® Designation, visit http://www.car.org/education/designations/abr
