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Mandy Chapman-Stroud With Dynamic Realty Earns NAR Short Sales and Forecloseure Certification

Submitted by: Rick Stroud on Jun 29, 2010 at 3:02 pm Tagged with: buyers, foreclosures, home sales, NAR, Real Estate, real estate expertise, Realtors, sellers, SFR certification, short sales Source: Dynamic Realty, Inc.

Mandy Chapman-Stroud Earns NAR Short Sales and Foreclosure Certification

GREENVILLE, SC – April 12, 2010 — Mandy Chapman Stroud with Dynamic Realty has earned the nationally recognized Short Sales and Foreclosure Resource certification. 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.

“Whether we represent the buyer or seller, understanding the short sale process and educating our clients is paramount,” said Stroud. “As Realtors, we have to raise the bar for what it means to be an expert in our field and our clients' trusted advisor.”

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. 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 2009, 6.03 million homes were sold nationally with over half of them being short sales or REO's,” Stroud said. “This is a staggering statistic to me and speaks volumes about where our focus should be, as Realtors. It is more important than ever that we educate ourselves about this trend because we can't hide from short sales anymore.”

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “Foreclosures and short sales can 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® who has earned the SFR certification for these kinds of purchases.”

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, 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 SFR certification, REALTORS are required to take one core course and three Webinars. For more information about the SFR certification, visit www.REALTORSFR.org or call 1-877-510-7855.

“I love being able to couple my short sale experience and knowledge with my passion for helping people who may be experiencing a hardship."

Dynamic is a specialty real estate agency. Agent specialists focus on serving homebuyers and sellers in one of six specific specialty areas. For more information about Dynamic Realty and its services, visit www.DynamicRealty.us or call 877-348-8483.