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.
Cliff and his team have the ability, structure, organization and financial resources to handle ALL aspects of REO. – We market your REO as if it was a retail listing. Cliff is a hands-on broker who works extremely hard to establish long lasting partnerships with his clients. Cliff responds very quickly and has a staff in place to support him in this process. In Pre-Marketing/Eviction properties we are very hands on and aggressive with pursuing “Cash for Keys” - Cliff has the contractors/vendor network established to ensure the clients receive bids quickly. My response time on property assignments is less than 24 hours, properties are inspected weekly and we are on top of our tasks. (Usually range between 95-99% for task completion).
Services Offered
Real-Estate REO and Consulting.
Coverage Area
ALL of MA and RI -
As Owner/OP of a Keller Williams franchise - I have approval to utilize the offices of other Keller Williams offices as part of my Franchise Agreement. In addition, Cliff has expansion teams in other KW offices in addition to several real-estate offices.
Cliff Ponte is one of the largest REO Brokers in Massachusetts and Rhode Island.As an asset manager, you are only as good as your agent on the street.Our goal is to handle each REO property with the highest of ethics and hard-work.Our top priority is to minimize your loss, protect your asset and liquidate with the highest ROI in the shortest amount of time.WE HANDLE THE ENTIRE STATE OF MASSACHUSETTS AND RHODE ISLAND.
Technology
oYour asset/property will be branded and marketed by a National Company with National Recognition and Exposure.Keller Williams is the NUMBER 1 real-estate company in the United States.
oVirtual Tour: We use Matterport and are able to market your property with 3D Marketing Photos. ( Example)
oProfessional Marketing Photos:Each asset, no matter the condition will be have 20+ marketing photos and professional marketing photos will be used.For any, REO properties that are in repaired condition, will have E-Staged Marketing Photos.