The division of assets between two divorcing parties can be a contentious process, made far simpler by enlisting the assistance of a Certified Divorce Real Estate Expert (CDRE).
Members of the Ilumni Institute, in conjunction with counterparts from the Divorce Lending Association (specializing in the divorce mortgage space), are part of an elite class of realtors specially trained to deal in sensitive matters relating to legal, financial and emotional ties to housing—one of the largest, and most complex assets to negotiate during a divorce.
CDREs Minimize Conflict
The Ilumni Institute, formerly known as the Divorce Real Estate Institute, was established in 2017 with the mission of educating real estate agents nationwide to make an impact in their communities.
The organization’s all-star faculty consists of a selection of attorneys, mediators, lending professionals and realtors, all of whom set the bar for professionals in their respective industries. By training its members to practice neutrality when working in divorce situations, and to follow specific protocol, the Ilumni Institute produces a well-schooled class of CDREs perfectly equipped to both prevent disputes and mitigate contentious situations, should they arise.
Members’ roles are designed to be primarily consultative, ready to provide objective guidance and testify in court if needed. They are typically highly skilled in working with attorneys and can offer counsel even in situations where there is no house to sell or specific real estate holdings to split.
Experts Facilitate Division of Assets
Divorce listings tend to be the most complex that a real estate agent can take on, which is why they are custom-made for experts ready to raise their craft to a new level. Homes tend to be one of the biggest sources of tension and confusion for divorcing couples; ironically, this niche is fairly underrepresented when it comes to trained experts.
The goal of a CDRE is to facilitate the sale of a house, eliminate any toxic environments which may exist, and enable both parties to move forward with their lives as quickly and seamlessly as possible by providing expert advice relating to mortgage financing and real estate options both during—and, perhaps more importantly, following—a divorce.
By focusing on the connection between family law, tax law, real estate, and mortgage training, they are uniquely able to sidestep potential hurdles and identify opportunities.
Divorce is a difficult process, one which can be made far easier by enlisting the assistance of professionals trained to guide you through each stage.
Gregory C. Frank is the CEO and Founder of DivorceForce.