OneRes Teams Up With Distressed Property Institute, Offers Short Sale Training to Agents Nationwide

Nov. 15, 2010 - PRLog -- CELEBRATION, FL and AUSTIN, TX – OneRes, one of America’s leading multi-cultural real estate franchises, today announced an agreement with the Distressed Property Institute, LLC to bring the industry-leading Certified Distressed Property Expert® (CDPE) Designation training to its sales professionals.

“In line with our commitment to serve customers throughout multi-cultural communities, it is vital for our agents to understand the unique needs of distressed homeowners,” Eric Waddell, CEO of OneRes, said. “The CDPE Designation training will help OneRes agents provide the highest level of service to these clients and adapt to current market conditions. We have chosen to endorse the CDPE for our agents because it is in line with the 5 Pillars of OneRes: Community Outreach, Education, Technology, Recruitment, Support.”

In a short sale transaction, homeowners avoid foreclosure by working with their lenders and selling their property for less than the mortgage amount owed.

Based in Austin, Texas, the Distressed Property Institute has trained more than 26,000 real estate professionals, making CDPE the fastest-growing, independent designation in real estate industry history. A 2010 survey of its membership revealed that CDPE-designated agents typically list seven-times, and close four-times as many properties as the average National Association of REALTORS® agent.

“Foreclosure is a national issue affecting millions of people across all cultures and income levels,” Alex Charfen, CEO of the Institute, said. “We are proud that OneRes has chosen to help their agents assist struggling homeowners in their communities through the CDPE Designation.”

According to the 2010 Second Quarter National Delinquency Survey put out by the Mortgage Bankers Association, more than one in seven mortgages are not being paid. In addition, the report showed mortgage delinquencies increasing among prime mortgages, traditionally recognized as the safest loan product for having the lowest delinquency rates among mortgage products on the market.

About OneRes Franchise Corporation
OneRes (http://www.OneResCorp.com) is a real estate franchise focused on bringing education and awareness to the communities in which it serves. With offices located throughout the United States, OneRes is valiantly becoming the leading multi-cultural real estate brand in the United States. The company’s vision is designed to satisfy the needs of brokers and agents throughout multi-cultural communities. Franchisees embody the 5 pillars of OneRes: community outreach, education, technology, recruitment, and support to help provide awareness and education that will bridge diversity across national markets. OneRes provides real estate professionals the necessary resources and solutions to make a positive difference, assisting homeowners in their community.

About the Distressed Property Institute, LLC
The Distressed Property Institute (http://www.cdpe.com) trains real estate professionals to engage with and assist homeowners facing hardships. The Institute has developed a curriculum to provide the tools and knowledge to handle distressed properties, including short sales, deeds-in-lieu, mortgage modifications, forbearance, refinances, reinstatements and, if that fails, how to help homeowners through the foreclosure process. After completing a comprehensive on-site or online course, graduates are awarded the Certified Distressed Property Expert® Designation.

About the CDPE Designation
The CDPE Designation provides real estate industry professionals with detailed information on how to engage with and assist homeowners in distress. The CDPE designation has been endorsed by top U.S. brokerages, institutions and industry icons, including: Bank of America; Brian Buffini, founder of Buffini & Company; Howard Brinton, founder of STAR POWER® Systems; Joe Stumpf, founder and national spokesperson of By Referral Only®; Allen Chiang, Chairman of the Asian Real Estate Association of America (AREAA); and Tino Diaz, Chairman of the National Association of Hispanic Real Estate Professionals (NAHREP).

For more information about The Distressed Property Institute and the CDPE Designation, visit http://www.cdpe.com.

Contact: OneRes
Franchise Relations
Edie Waddell
407.566.2689

Contact: The Distressed Property Institute, LLC
Media Relations
512.501.2588

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The Distressed Property Institute provides training events, online education, and ongoing support for real estate agents helping distressed homeowners avoid foreclosure, specifically through short sales.