Don Clark Earns Prestigious RSD Designation to Specialize in Bank Owned Homes

Aug. 24, 2010 - PRLog -- Prestigious RSD Designation to Specialize in Bank Owned Homes
08/24/2010 by Donald Alan

Don Clark, a Realtor of Masterpiece Realty Associates Real Estate a resident of Rancho Santa Fe, has earned the prestigious Harris Real Estate University Certified Real Estate Owned Specialist Designation (RSD), having completed extensive training in the techniques necessary to secure, negotiate and sell Bank Owned Properties (REOs). This REO training is invaluable during the current recession, especially in housing markets where foreclosure rates continue to climb.
A property becomes an REO if the original owner fails to pay their mortgage and the lending
bank is forced to repossess it. The bank then reaches out to qualified REO designated brokers
and agents to sell the home and recover their investment. Without access to experienced REO
Listing agents, lending authorities must continue to hold onto the foreclosed property as an
investment loss.
“The Harris Real Estate University RSD designation has been invaluable as I work with banks
and lenders on complicated REO assignments. In the San Diego area, more than 6000 homes are
in some stage of foreclosure. And it is happening with homes of every price range,” said
Clark “It is so rewarding to be able to help banks rehabilitate these homes, get
them back on the market, and find eager homebuyers so we can improve the condition of
our neighborhoods. My RSD training through HREU has enabled me to work with more
lenders, move more properties and get some of these vacant homes sold!”
Tim and Julie Harris, founders of the Harris Real Estate University in Las Vegas, NV, said
“Realtors such as Don Clark with the HREU RSD designation have valuable training in REO
properties and can help banks find qualified buyers using our extensive techniques. Through
our in-depth training and continuous education programs, these agents better understand
market conditions that will help lenders sell their REO inventory.”
The Harris Real Estate University opened in 1998 and provides REO agent training through
webinars, teleseminars and teleconferencing. If you feel you are in need of more information about REO properties, or if you are a lender looking for a certified Bank Owned Property Realtor, call Don Clark for more information (760) 815-0723. www.ClarkEstates.com

Specializing in the sale of REO homes and commercial properties in the North County San Diego area, Don Clark with Masterpiece Realty Associates lists homes for sale in San County, Orange County , Riverside County, and County. Contact
Don Clark at (760) 815-0723 for more information, or visit www.ClarkEstates.com

Company: Masterpiece Realty Associates
Address:   1237 Camino Del Mar Ste. A
Phone:       Don Clark  858 756 6519

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Real Estate Services, REO, Investments, General Real Estate Brokerage Services. Located in Rancho Santa Fe, ca. 92067 and serving San Diego county and also Orange County.
20 years experience. Contact us today!