Houston Realtor Paul Silverman Earns NAR Short Sales and Foreclosure Certification
Paul Silverman with Heritage Texas Properties has achieved the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who wish to help both sellers and buyers comprehend these difficult purchases, as call for professional competency with distressed sales grows.
As stated by a newly released NAR research, almost one-third of all the existing homes sold currently were either short sales or foreclosures. For many real-estate professionals, short sales and foreclosures could possibly be new “traditional” transaction. REALTORS® that have earned the SFR certification understand how to help sellers maneuver the complexities of short sales and also help buyers acquire short sale and foreclosure opportunities.
“As leading advocates for homeownership, REALTORS® feel that any family that loses its house to foreclosure is one family way too many, but unfortunately, there will be situations where families just can't afford to hold on to their homes, and a foreclosure or possibly a short sale results,” said 2009 NAR President Charles McMillan. “Foreclosures and short sales may offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® that's earned the SFR certification for these kinds of purchases.”
The certification program includes education on the way to qualify sellers for short sales, consult with lenders, safeguard buyers, and limit risk, and gives resources to help REALTORS® stay current on national and state-specific information as the marketplace for these distressed properties evolves.
“I wanted to acquire this designation to increase my knowledge base and serve the needs of either homeowners facing very hard financial circumstances or to help buyers through this complex type of purchase.” says Paul Silverman, Broker Associate at Heritage Texas Properties. “Helping clients buy and sell real estate in Houston is definitely a privilege, but if you also help people from a difficult situation it really becomes much more rewarding.”
Along with the Short Sale and Foreclosure Resource Certification, Paul Silverman also holds another 10 professional designations in marketing, sales, green building and more.
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