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.
I have been an NRBA member and serviced REO in the Greater Seattle area for over 10 years. I have successfully sold every type of REO. From extensive fire damage to luxury assets, from tenant occupied farms to assets landlocked by wetlands, from city center condos to rural cabins. With each asset I create a tailored, timeline driven approach to maximize sales price and minimize marketing time. I offer the responsiveness and resourcefulness asset managers require of today’s REO Listing Brokers.
Quick Stats:
CFK negotiations: 98% success rate to date
Average days from assignment to list: 25 days
Average days on market: 37 days
Average days contract to close: 36 days
Active Vendor with LPS Desktop Invoice Management
Additional Designations:
Five Star REO Certified Five Star Short Sale Certified
REO Default Certified Professional (RDCPro)
- CitiMortgage Certified
Accredited REO Agent (A-REO)
Certified REO Property Specialist
Master Certified Negotiation Expert (MCNE) - the only REO agent in Washington state with this designation
Certified Foreclosure Specialist
Certified Short Sale Negotiator (CSSN)
Guarantees:
“You will never have to ask me twice—I know the REO process”
“You will never get a bad report from a surprise inspection.”
“I solve problems—If we come into an issue I will provide a solution and any bids necessary to correct the problem.”
“I will do everything I can to help you earn your bonus.”
“I am proactive on making sure your properties close on time.”
Services Offered
1) Tasks will be completed EARLY the way you need them done.
2) Additional Services:
- Manage Rehab and Construction Projects
- Code Violation Negotiations with the City & County
2) Expert Negotiations:
- I hold the Certified Negotiation Expert designation and regularly obtain higher sales prices for my clients.
- Guide the buyer and their agent through the specialized bank addenda.
3) Clear, Consistent Communication:
- Regular updates so that my asset manager can effectively report the status of any given property to others.
- Timely submission of reimbursements with all needed Documentation.
4) Positive and Optimistic:
- I will answer my phone when you call me.
6) Speed the property to market:
- Determine Occupancy in a few hours not days
- Quickly settle cash for keys and arrange for a timely vacating of the property
- Rapid trash outs
- Turn on utilities
7) Sell the property quickly:
- Educate buyers and their agents to set clear and precise expectations on the REO purchasing process.
You will feel better and have peace of mind about the assets you assign to me—because I make your job easier!
Large or small, you can always expect Responsive, Reliable, Results!