While being a specialist was once a term reserved for the medical profession, it now applies to the real estate industry. And the simple reason is that it has become complex.
Success in the short sale and foreclosure arena demands an understanding of the laws and the negotiation tactics specific to these transactions.
Typically, buyers and sellers select an agent based on reputation and compatibility; but if you’re dealing with a short sale or a foreclosure or are looking to obtain advice on how to proceed with either, you need to make sure that the Realtor you select has the appropriate accreditations.
Realtors who seriously want to offer effective short sale and foreclosure services now pursue a focused course of education to earn approval as a Certified Distressed Property Expert.
Realtors with CDPE accreditations are specifically trained in all the issues that can derail these types of transactions and how to keep them on track. They also receive education in the techniques that allow them to operate as a true advocate to guide their client through the intricacies of these unique processes.