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.
CIPS®, Certified International Property Specialist
GRI,Graduate REALTOR® Institute
GREEN,NAR's Green Designation
GRI(sm),Graduate REALTOR® Institute
RSPS,Resort & Second-Home Property Specialist
SFR,Short Sales & Foreclosures Resource
CDPE,Certified Distressed Property Expert
LHMS,Luxury Home Marketing Specialist
Seasoned real estate professional with over 18 years of experience in real estate and general contracting, dispositions, development, asset management, commercial, residential, multi-family and undeveloped land; with an emphasis on marketing and management of real estate owned properties for major corporations and government agencies.
John Velez and his staff complete tasks as soon as they receive them, NOT just on time! They pride themselves on maintaining extensive knowledge of local real estate market trends, repairs estimates, and federal, state and local building codes. This allows our clients to have all the information they need to decide on list prices for their assets and helps sell their inventory quickly, while also reducing hold times and maximizing our clients’ profits.
John and his team strive to understand the needs of asset managers and the individual requirements they must meet including but not limited to sales price and the number of days on the market. In addition, we utilize the latest technology to keep track of each of our clients’ inventories at all times, ensuring each property is appropriately maintained while also providing property valuations, routine inspections, repair verifications, bids and any other information that can assist clients sell their REO properties.
Because our company has recruited, trained, and retained excellent staff, our REO team has the capacity and capability to handle all assignments. Inspectors and agents come from all parts of the area and are positioned strategically to work from their home offices or their vehicles to meet all the inspection timelines and keep a close eye on every property as it is offered for sale and marketed, and until it is sold and closed.
John Velez's prior experience as a general contractor and real estate investor has allowed him to advise his clients on the most effective ways to get the most value out of their properties. With a dedicated office support staff and five full-time real estate agents ready to field any inquiries seven days a week, our team is ideally suited to help our clients achieve their goals.
We look forward to working with you and exceeding your expectations.
We serve as our clients’ boots on the ground when it comes to property valuations. With over a decade of experience of practicing real estate through Western Oregon, we are keenly aware of hyper-local market conditions, trends and variances. We also account for differences in population composition, employment opportunities, local amenities, school quality, and much more; insuring that our clients’ are equipped with the most accurate and up-to-date information to determine their pricing strategies. This level of detail also extends to any broker price opinions (BPOs) that are requested of us. Like many of the other services we offer, we guarantee a 24 hour turnaround time for both interior and exterior BPOs throughout Western Oregon.
We have a full support staff that is available 24 hours of a day, 7 days a week to conduct any required property inspections. We offer all our clients a 24 hour turnaround guarantee for any inspections or associated tasks; including occupancy checks, letter posting and personal property valuations. Beyond merely inspecting properties, we also create detailed reports noting any potential issues, hazards or code violations that may affect the safety or livability of each property. For larger projects, we can provide comprehensive lists of value-added repairs and coordinate with our network of local contractors to insure prompt and professional renovations.
We are well-versed in maintaining REO properties and keeping in compliance with all applicable federal, state and local regulations. Our team includes licensed and bonded contractors with over 15 years of experience dealing with all manner of repairs, from small odd jobs to total remodels. During our time helping our wide array of REO clients, we have also established a wide network of subcontractors who are available to tackle all manner of repairs within reasonable time frames and budgets. Cleaning and landscaping references are also available upon request, reducing the time it takes to get a property on the market and removing the potential for delays for asset managers.
We understand the importance of proactive marketing both online and in print. Our team is fully committed to maintaining the best proven marketing practices and are continually looking fresh and innovative ways to reach prospective buyers. Every property we list is marketed as comprehensively as the most expensive homes in the state of Oregon. These marketing efforts include, but are not limited to professional photography and video, virtual tours, 3D walkthroughs, staging, flyers (both printed and e-flyers), postcards, brochures, photo booklets, signs, directionals, email campaigns, social media posts/engagement, syndication to over 500 dedicated real estate search websites and much more.
Our team is fully committed to zealously representing our clients’ best interests. This means that you can rest assured that we will diligently keep you in the loop and fully informed of any offers on properties that we list and market. We will also make informed recommendations on the best negotiating terms and strategies to guarantee that any properties we list are sold for top dollar with the lowest amount of days of market possible.