Short Sale and Foreclosure Professional designation SFR designation recognized by the NAR. 8 hour CE credit (accrediation through FAAR) Elective for ABR with 8 hours elective Although Short Sales and Foreclosures are not new trends in real estate brokerage, current economic conditions, rising rates of unemployment, and depressed home values point to continued increases in mortgage defaults, short sales, and REO properties. This course was specifically designed to show the real estate practitioner how they can serve as a resource for sellers and buyers successfully deal with distressed properties. Real estate professionals will learn how to handle homeowners in jeopardy, anatomy of short sales, prepare successful short sales, steps of REO, and finding opportunities