SMS President Named one of ColoradoBiz Magazine Top 5 Most Influential Young Professionals

Oct. 16, 2012 - PRLog -- NEWS RELEASE
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Jessica Henley
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SMS President Named one of ColoradoBiz Magazine Top 5 Most Influential Young Professionals

Karl Falk, President and CEO of Summit Mitigation Services (SMS), is selected by ColoradoBiz Magazine as one of Colorado's Top 5 Most Influential Young Professionals.

COLORADO SPRINGS, Colo. (October 16, 2012): Summit Mitigation Services (SMS) is pleased to announce that the company’s President and CEO, Karl Falk, has been chosen by ColoradoBiz Magazine as one of the Top 5 Most Influential Young Professionals in the State of Colorado. (http://www.cobizmag.com/archives/current-issue/2012/10/) Known as GenXYZ, ColoradoBiz Magazine’s program recognizes outstanding Colorado business and community leaders under the age of 40. These influential professionals are judged by virtue of their accomplishments, their unusual drive and the impact they've had on their communities, whether by giving their time, donating their professional expertise, or inspiring others to do the same.

Karl Falk meets all of these requirements. In 2010, he launched Summit Mitigation Services, which helps title companies and real estate brokers handle negotiations of short sales. In a short period of time, the SMS team, through technology, education and professional services, has helped hundreds of agents gain strategic and tactical insight into the short sale world. SMS closes well over 80% of the short sales they negotiate, significantly higher than the national average of less than 50%. More home closings translate into less foreclosures which in turn helps the Colorado and national economy.

Karl continuously inspires others through his vision, innovation, and business success. One cutting edge technology tool is his MyShortSaleScore mobile app. This tool gives real estate professionals the ability to predict the amount of difficulty of a short sale transaction, and also allows the user to manage the short sale business wirelessly via the cloud. He predicts this will transform the way short sales and listing appointments are handled in the future.

In addition, Karl advocates for increased awareness and responsibility among professionals in the short sale real estate industry. With extensive industry experience, Karl regularly provides thought leadership and insight to shape National Short Sale Policies. Currently, he is a Policy Advisor to the Distressed Property Coalition, a Washington based organization focused on ensuring congressional policy makers have the facts from industry leaders working in the short sale market; this work generates positive change for the consumer.

The SMS President and CEO also developed a comprehensive short sale negotiation training curriculum for his staff, which he has turned into a training program used by real estate professionals across the country. "There is so much information out there about short sales, and some of it is misleading,” says Falk. “We are able to cut through all of that to help people."

Summit Mitigation Services is a nationally recognized short sale and debt negotiation company. Striving to combine progress in technology with new ways of doing business, SMS offers cutting edge services, education and technology tools for professionals in the short sale industry. Karl Falk’s team is comprised of some of the most talented negotiators in the short sale industry. For more information, visit www.summitmitigation.com.

More information on Karl and other young professionals selected by ColoradoBiz
Magazine appears in the October 2012 issue.