Depending on the nature of the business, there are several types of certifications available today. Common certifications include: minority business enterprise (MBE); women business enterprise (WBE); disadvantaged business enterprise (DBE); SBA 8(a); HUBzone; veteran-owned small business (VOSB); service disabled veteran-owned small business (SDVOSB); women-owned small business (WOSB); business enterprises-owned by people with disabilities (BEPD) and “small business.”
While each certification has different criteria, there are similar criteria for many. For instance, all companies must be at least 51-percent owned by a person or a group claiming the certification status.1 The 51-percent owner must have unfettered control of the company. For federal and DBE certifications, the company must be a “small business” as determined by the Small Business Administration (SBA). A federal SDVOSB requires the business be “small,” at least 51 percent owned and operated by one or more service-disabled veterans whose management and daily business operations are controlled by service-disabled veterans, and the disability be service connected. While a HUBzoned firm must also be “small,” the criteria includes the location of the business and home addresses of the firm’s employees. State corporate laws and licensing laws are also criteria used to review applications for certification. There are special criteria that must be met depending on the certification type. For instance, while a 51- percent owner must have a personal net worth under $750,000 for DBE certification, the SBA 8(a) certification requires that the 51-percent owner have a personal net worth under $250,000.
Federal, state and local government agencies also have different gross business receipts criteria for determining small business certification eligibility.More information for your convenience:
For more information on diversity designations and certifications, visit the following websites:
NOTES: Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Therefore, NRBA is not responsible for the security, content or availability of third-party sites, their partners, or advertisers.
Associate Broker with ALTA eXp Realty, LLC, 130-G Thompson St, Ashland, VA 23005, specializing in servicing REOs, Short Sales, and performing Interior and Drive-by BPOs, and Property Inspections for 21 years. Call me for your REO, BPO, and Short Sale needs. All of my BPOs are done entirely myself. I take the photos, I pull the comps. I do the report. I do not use any other assistance nor companies. Can capitalize repairs at $5,000 per property. My cell # is 804.314.6427. You will always reach me directly, not filtered through an assistant. I look forward to doing future business with you.
Servicing the Virginia cities of Richmond, Petersburg, Hopewell, Colonial Heights, Glen Allen, Highland Springs, Ashland, Midlothian, Mechanicsville, Fredericksburg, Williamsburg, Norfolk, Newport News, Chesapeake, Virginia Beach, Hampton, Yorktown, Portsmouth, and West Point.
The surrounding Counties of Henrico, Chesterfield, Hanover, Goochland, Powhatan, Louisa, King William, James City, New Kent, Charles City, Stafford, Spotsylvania, Suffolk, Amelia, Caroline, Prince George, and Dinwiddie.
CREO ( Certified REO Specialist NRBA )
A-REO ( Accredited REO Agent - ORDMS Program )
CDPE ( Certified Default Property Expert )
HAFA Certified Specialist
DMS ( Default Management Specialist )
SFR Short Sale Designation ( National Assoc of Realtors )
ABR ( Accredited Buyer's Representative Designation )
NRBA Director's Award - 2016, 2017, 2018
NRBA Master Broker's Award 2018
NRBA Industry Insider Award 2021
Master Certification - The Five Star Academy - 2020
Richmond Assoc of Realtors - Silver Award for Outstanding Production by Units - 2019
I specialize in managing, servicing, listing, and selling REO assets.
I will also list and sell Short Sales and perform Drive-By and Interior BPOs, and Property Inspections.
I have been working with the default industry for over 21 years.
If you need experience to work for you, please contact me.
804-314-6427 / David.Liggan@exprealty.com
Cities of Richmond, Fredericksburg, Williamsburg, Norfolk, Newport News, Chesapeake, Virginia Beach, Hampton, Yorktown, Portsmouth,
Petersburg, Chester, Hopewell, Colonial Heights, Glen Allen, Bowling Green, Highland Springs, Ashland, Midlothian, Mechanicsville, and West Point.
Counties of Henrico, Chesterfield, Hanover, Goochland, Powhatan, Louisa, King William, James City, New Kent, Charles City, Stafford,
Spotsylvania, Suffolk, Amelia, Caroline, Prince George, and Dinwiddie.