ORLANDO - Stirling Sotheby’s International Realty associate Lauren Merrell recently completed a required curriculum and received the SFR, (Short Sales and Foreclosure Resource) certification by the National Association of Realtors (NAR).
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the technical training curriculum developed by NAR qualifies Merrell – one of his firm’s agents in the Brevard area – as an expert in short sale real estate transactions and foreclosures.
The recent increase in distressed home sales indicates a significant need for short sale and foreclosure expertise, Merrell said.
“In April of 2010 almost 40 percent of sales completed in Brevard County were either short sales or foreclosures,” said Merrell.
Short sales – selling properties with approval of the lender for an amount less than the principal owed on the mortgage – often represents a viable alternative to foreclosure proceedings for both sellers and lenders.
“I am now combining my knowledge of the luxury market and my training as an SFR expert to assist both owners of luxury homes experiencing difficulties and investors or buyers with their purchases of REOs or bank owned homes and short sales,” Merrell said.
Expertise in negotiating the best possible terms for the seller or buyer can offer substantial tax advantages too, she added.
“Stirling Sotheby’s International Realty began developing specialized skills in short sale transactions almost two years ago,” Soderstrom explained, adding, “and it has been very advantageous.”
For more information contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance centers which serve all of Central Florida.
Showing posts with label short. Show all posts
Showing posts with label short. Show all posts
Monday, June 21, 2010
Friday, April 17, 2009
Two Orange City real estate professionals form new residential real estate firm to fill void in today’s market
Two Orange City real estate professionals form new residential real estate firm to fill void in today’s market
ORANGE CITY – Longtime commercial real estate broker John Wanamaker and state-certified real estate instructor Tom Milton have formed a new Orange City-based residential real estate company.
Wanamaker, broker of Coldwell Banker Commercial AI Group, and Milton, a residential real estate veteran with 22 years of experience, formed The CornerStone Group in March to handle business planning for the financing of new real estate services that are being adapted for today’s changing real estate market, according to Milton.
A former general manager for the Coldwell Banker Real Estate Network, Milton has served as chief administrator and instructor of the West Volusia School of Realty and instructor for the first for-credit university intern program for Florida real estate students. He also is a past director of the West Volusia Association of Realtors.
“We formed this company to fill a niche in today’s challenging residential market,” Milton said. “The CornerStone Group is a collection of top local professionals who have teamed up to face the complexities of the market using each member’s unique talents in the field.”
The company specializes in short sales, pre-foreclosures, property management, Internet marketing, as well as relocation and international marketing, he said.
About Coldwell Banker Commercial AI Group:
Owned and operated by commercial real estate veterans John Wanamaker and Chuck Rudis, Coldwell Banker Commercial AIG is a leader in the listing, leasing and selling of properties, as well as a premier developer of community-friendly and LEED-accredited projects for small business owners.
For more information about this release, please contact:
Tom Milton, broker for The CornerStone Group, 386-774-0203 or 386-848-2034
John Wanamaker, broker for Coldwell Banker Commercial AI Group, 386-775-8633, john@cbciagroup.com
Charlene Hager-Van Dyke, Larry Vershel Communications, 386-837-8780, 407-644-4142 or chagervandyke@yahoo.com
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