Housing blog about real estate, investing, and financing with a focus on the Salt Lake City housing market and surrounding areas. Written by a licensed Real Estate and Mortgage Broker and an experienced Utah real estate investor.

Wednesday, December 9, 2009

Randy Cochrane Earns SFR Designation from the National Association of REALTORS


Randy Cochrane with the Advantage Team has just received a new designation, the SFR (Short Sales and Foreclosure Resource) Designation. Mr. Cochrane has completed live classes and online training to bring ZOOM! Loss Mitigation's clients the highest level of service with short sales and foreclosures.

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.According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.

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 this market, Mr. Cochrane felt it was very important to be as knowledgeable as possible to help not only sellers in troubled times, but buyers as well. There are many aspects of a transaction that change depending upon the situation of the seller.