The importance of the Certified Distressed Property Expert (CDPE) Designation in today's market
I am proud to say I recently earned my Certified Distressed Property Expert (CDPE)designation. I am not alone, at the RE/MAX International convention in Las Vegas on March 3, RE/MAX Chairman and Co-founder Dave Liniger announced the corporation’s plans of having 7,500 RE/MAX Agents earn the Certified Distressed Property Expert (CDPE) designation this year.
“The CDPE designation is one of the most important and timely educational products I have seen in over 40 years in the real estate business,” said Liniger. “I will do whatever it takes to get as many agents as possible through this course so they can help homeowners, the economy and our country.”
The Distressed Property Institute, based in Boca Raton, Fl. and launched in January 2008, offers the Certified Distressed Property Expert (CDPE) designation after comprehensive on-site or online training on how to handle short sales. The institute was founded by dynamic real estate veteran Alex Charfen.
“The fact that a global real estate powerhouse like RE/MAX has committed to training its agents on short sales demonstrates that this is a market all Realtors® must understand,” Charfen said. “Realtors® are in a position to help people avoid foreclosure. They can be a great catalyst for the recovery of this housing crisis.”
Nationally, only 12 percent of short sales are approved. Among CDPE designated Realtors®, more than 80 percent of short sales are approved. According to the National Association of Realtors®, more than 45 percent of existing home sales in the fourth quarter of 2008 were foreclosures and short sales. In a short sale transaction, homeowners sell their property for less than the mortgage amount, but avoid the foreclosure process.
The CDPE designation has been endorsed by many major U.S. brokerages.
Andres Garcia
Sales Associate, CDPE
RE/MAX Gold Coast Realty
56 Newark Street
Hoboken, NJ 07030
Direct: 201 795-5200 x340
Andres@MileSquareRealty.com
http://www.MileSquareRealty.com
“The CDPE designation is one of the most important and timely educational products I have seen in over 40 years in the real estate business,” said Liniger. “I will do whatever it takes to get as many agents as possible through this course so they can help homeowners, the economy and our country.”
The Distressed Property Institute, based in Boca Raton, Fl. and launched in January 2008, offers the Certified Distressed Property Expert (CDPE) designation after comprehensive on-site or online training on how to handle short sales. The institute was founded by dynamic real estate veteran Alex Charfen.
“The fact that a global real estate powerhouse like RE/MAX has committed to training its agents on short sales demonstrates that this is a market all Realtors® must understand,” Charfen said. “Realtors® are in a position to help people avoid foreclosure. They can be a great catalyst for the recovery of this housing crisis.”
Nationally, only 12 percent of short sales are approved. Among CDPE designated Realtors®, more than 80 percent of short sales are approved. According to the National Association of Realtors®, more than 45 percent of existing home sales in the fourth quarter of 2008 were foreclosures and short sales. In a short sale transaction, homeowners sell their property for less than the mortgage amount, but avoid the foreclosure process.
The CDPE designation has been endorsed by many major U.S. brokerages.
Andres Garcia
Sales Associate, CDPE
RE/MAX Gold Coast Realty
56 Newark Street
Hoboken, NJ 07030
Direct: 201 795-5200 x340
Andres@MileSquareRealty.com
http://www.MileSquareRealty.com
Labels: CDPE, Dertified Distressed Property Expert, Foreclosure, Hoboken Real Estate, Hudson County real estate, Jersey City real estate, Short Sale
