What is a CDPE and what will it do for you? A CDPE is a Certified Distressed Property Expert. A person who is a CDPE is a person who went through 3 full days of classes to learn how to successfully sell a short sale home. At my office today, I have observed a 2 hour class and many of these agents now think they are experts. Come on!! How many other realtors are thinking the same thing? Let me show you why a CDPE is the best class and certification that I have attended in years.

The short sale arena is very difficult at best. Alex Chorfin for the Distressed Property Institute has written the book on short sale mastery. The materials and procedures are priceless. A CDPE has gone over every page of a 175 page manual on how to work through the process with Wells Fargo, Countrywide, Aurora, Citibank and any other lender you can think of. We spent 3 days learning the causes and different avenues sellers have to cure distress in the household. Along with the manual we have received 60 pages of checklists and procedures that a seller and realtor need to follow to have a successful closing.

So tell me who is the expert? The realtor with a 2 hour class or the realtor with several years of experience and a 3-day class of certification?

The process of a short sale is complicated. In summary it requires aggressive pricing. In addition to pricing a seller needs to authorize a realtor to negotiate with a bank. The seller also needs to do a financial report to see if the distress is real. There is criteria to determine this. Assuming the criteria and financials meet distress standards a short sale can proceed.

In order for the sale to proceed it requires tons of follow up. One must understand that these banks have hundreds of files on several desks. A CDPE file will be complete. It will stand out. It will close.

So for Realtors and sellers alike, when a property is a likely short sale, get the knowledge and know how of a CDPE. Call The Brian Maecker Team @ 719-593-2963 for a confidential appointment.

Thanks,
Brian