A Certified Divorce Real Estate Expert (CDRE®) is an emerging expert in the field of family law who is specifically trained to support the real estate needs in a case.
Guided by experience, training, and the CDRE Code of Ethics, the effectiveness of CDREs is felt throughout the system:
• Conflict is mitigated
• Judicial economy is promoted
• Lawyers are prepared and informed
• Clients are represented by a trained neutral
To become a CDRE, an experienced agent must pass The Ilumni Institute’s rigorous months-long certification program. This program is application-only, and is taught by a faculty of family law attorneys, mediators, mortgage professionals, and real estate experts.
CDREs offer three main services to the family law community and their clients:
Education: Real estate is in constant flux, and the state of the real estate market and trends impact how cases are handled. Your CDRE will consistently provide you with:
• Real estate market data and trends
• Lessons from cases that everyone can learn from
• Nuances of the real estate / divorce crossover
Resources: Every case with real property will need information. A CDRE can be your one resource for all things real estate, including:
• Title documents: legal descriptions, deeds, property profiles
• Values: sight unseen and full reports, supported by expert testimony
• Challenges: foreclosures, equity buy-out questions, liens, creative settlement structures
Divorce Listings: The listing of a house in a divorce case presents many challenges that CDREs are trained to handle, including:
• Mutual agreement on pricing, offers, showings, terms
• Sale sabotage
• Court orders and proceeds distribution