Your question is the one every buyer asks; namely, how do I find a Buyer Agent who is skilled not only in representing me as a buyer, but who has the knowledge and expertise to handle short sale and REO transactions as well.
Let me tell you about those two separate, but equally important, sets of qualifications.
To be a well trained Buyer Agent, the industry standard training is certification as an Accredited Buyer Representative (ABR), and membership in Real Estate Buyer's Agent Council of the National Association of RealtorsÂ® (REBAC). This will insure you that the agent with whom you work is in good standing and is a member of the world's largest association of real estate professionals whose focus is representing real estate buyers.
For many real estate professionals, short sales and foreclosures are the new â€œtraditionalâ€ real estate transaction. Knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities are not merely good skills to have in todayâ€™s market â€” they are critical. There are many sets of "trainings" for agents who participate in Short Sale transactions, but the industry standard Certified Distressed Property Expert (CDPE) and the Short Sale Foreclosure Resource certification from the National Association of RealtorsÂ® (SFR) are two basic certifications that your Buyer Agent must have. In addition, I recommend that your agent have Certified HAFA Specialist (CHS) designation. If you are pursuing short sales, you need to understand HAFA.
Beyond the basic skill sets that these trainings deliver, they show a dedication to delivering the highest level of service to the buyer, in addition to the commitment to continuing education and development in their career that puts them at the forefront of their profession.
Beyond that, interview two or three agents to see who fits your personality, your goals, and your communication style.
Best of luck,
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, SFR, eAgent, CHS, CSP, HRC, CRE
(O) 310-571-1364 DIRECT
Accredited Buyer Representative|Certified Distressed Property Expert |Pre-Foreclosure Specialist Certified
I want you to know that I appreciate any referrals from friends and associates who may be in the market to buy or sell real estate. You can count on me giving them the same high-quality service I provide to all of my clients.