Sacramento Real Estate; What’s a CDPE?
Let’s talk about this for a minute… I think that the general public probably gets confused with “realtor-eese” because we clearly do speak a different language. I’ll attempt to enlighten you on this set of initials (also known as ‘bragging rights’), especially since they directly apply to short sale and/or foreclosure knowledge and hopefully experience.
First…. the capitalized initials CDPE, stand for Certified Distressed Property Expert. Suggesting that the Realtor has completed approximately 16 hours of education via a 2 day live workshop studying Alex Charfen’s method of understanding and completing short sales. Alex and his wife Cadey began marketing themselves a few years ago as masters of short sales and were so profitable that they now teach their ‘method’ to Realtors all over the U.S. Their website is www.cdpe.com. This designation allows a Realtor to set themselves above the rest of the proverbial short sale pack because this is the only designation available to Realtors to show their short sale savvy. Is it a marketing gimmick? No, and it’s nice to have something to set you above your competition. The flip-side of course is that you don’t need the designation to know how to successfully complete a short sale (I was successfully completing them long before the Charfens came along). However, experience (as well as education) is ALWAYS key to understanding, negotiating and closing a short sale. Frankly, many Realtors are just not sharp enough to handle these complex transactions and unfortunately their ineptitude causes their clients to lose their home to foreclosure. Gads!….as my Mother would say!
In summary, if you need short sale and/or foreclosure advice or assistance of that nature, PLEASE speak to a Realtor with the CDPE designation behind their name. And yes, that would be me~
Happy Wednesday~
Shelly Long, CDPE
Sacramento Real Estate Foreclosure Prevention







Stay Informed!