Freddie Mac launched a new program this week to train real estate agents in the art of preserving local home values through the effective sale of properties tied to the enterprise's HomeSteps initiative.
HomeSteps is the Freddie Mac sales unit that markets and sells Freddie Mac REOs to homeowners and investors.
San Diego-based Community Asset Solutions developed the Certified Community Stabilization Expert program, which draws on the best sales and home preservation lessons from the housing crisis.
"The new CCSE certification program distills the REO sales and community preservation lessons of the past four years to give HomeSteps brokers a practical guide for boosting REO sales and stabilizing communities," said Chris Bowden, senior vice president of HomeSteps.
The new program consists of an eight-hour online course that helps real estate professionals work more effectively with nonprofits and local governments.
“CAS is excited to work with HomeSteps on this ground-breaking program to give listing brokers the proper tools necessary to create neighborhood stabilization solutions and help turn an unfortunate situation into a positive outcome for communities throughout the country,” said Gary Acosta, Co-CEO of Community Asset Solutions.