Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Association of Realtors® data. 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.

 “Foreclosures and short sales can offer opportunities for home buyers, but it’s extremely important to have the help of a real estate professional like a Realtor® for these kinds of purchases,” said NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “Realtors® add value to the real estate transaction with their extensive knowledge and market insights, and this new certification will help them serve a growing need.”

 The SFR certification program is offered by the Real Estate Buyer’s Agent Council (REBAC) of NAR. The program includes training on how to manage short sale, foreclosure, and real-estate owned transactions, and provides resources to help Realtors® stay current on national and state-specific information as the market for these distressed properties evolves.

 To earn the certification, Realtors® must complete a one-day education program, either in-person or online, as well as three one-hour Webinars. Applicants interested in obtaining the SFR certification will need to complete a one-day short sales and foreclosure course offered by either REBAC or CRS. As part of the ‘Right Tools, Right Now’ initiative, NAR will offer the REBAC Short Sales and Foreclosure course at a reduced rate and waive the application fee through the end of this year.

 “We understand how busy REALTORS® are on a day-to-day basis,” said Marc Gould, Vice President of REBAC. “These course requirements allow REALTORS® the flexibility to fit the curriculum into their schedule without sacrificing the valuable education necessary to assist their clients in a short sale or foreclosure transaction.”  

 Hogan School of Real Estate have been authorized by the National Association of REALTORS® to offer NAR’s Short Sale and Foreclosure Certification (SFR) program at the low cost of $79 with no additional fees. This offer is only good through the end of the year so Hogan School has scheduled classes in November and December.

 Take advantage of this great professional certification opportunity and learn the latest from Jim Hogan, one of Arizona’s foreclosure experts.

 For course details….https://hoganschool.com/sfr.php