Cathy Michaels, a Naperville Realtor, earns her NAR Short Sales and Foreclosure Certification to benefit both buyers and sellers who are interested in pursuing a foreclosure or short sale transaction, but confused about the process.
Online PR News – 12-April-2010 – – NAPERVILLE, IL - As the demand for professional expertise with distressed sales continues to grow, Cathy Michaels, a Naperville realtor, has earned this nationally recognized certification in order to help buyers and sellers navigate foreclosure and short sale transactions in Naperville Real Estate.
According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures, therefore the National Associations of REALTORS® (NAR) wanted to offer this SFR certification to real estate agents. This certification helps sellers navigate the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.
"Although there is a growing number of homes that have gone into foreclosure or short sale, real estate in Naperville is still thriving. I wanted to receive my Short Sales and Foreclosure Certification so that I could help both the buyers and sellers with this complex process and try to make it as effortless as possible for everyone involved," says Cathy Michaels, Broker/Associate of RE/MAX (http://www.cathymichaels.com).
Although foreclosures and short sales are not considered to be conducive to a family's happy living, these days there are situations in which people simply cannot afford to keep their home, and a foreclosure or short sale is the best option. On a positive note, these foreclosures and short sales can offer excellent opportunities for home buyers while simultaneously benefiting the community as a whole. Enlisting the help of an SFR-certified real estate professional is very important to ensure these complex transactions are properly executed to the benefit of both buyer and seller.
The certification program trains realtors on how to assist sellers in short sales, negotiate with lenders, protect buyers as well as limit the buying risks. This program also gives real estate agents knowledge about staying current on national and state-specific information as the market for these distressed properties evolves. Realtors are required to take one core course and three Webinars in order to earn the Short Sales and Foreclosure Certification. For more information, visit www.REALTORSFR.org.
About Cathy Michaels:
Cathy Michaels was first licensed as a real estate broker in 1970 and joined RE/MAX in 2001. She currently holds the title of Broker/Associate and her primary specialty is residential with her secondary specialty in new construction. RE/MAX of Northern Illinois is one of the largest RE/MAX regions and Chicagoland's leader in real estate. The RE/MAX Northern Illinois network encompasses the top fourth of the state and consists of 160 offices with 3,600 agents.