Leticia Hixson of RE/MAX Champions in Chino Hills, California has been awarded the Luxury Distressed Property Designation (LDPD)

Leticia Hixson of RE/MAX Champions in Chino Hills, California has been awarded the Luxury Distressed Property Designation (LDPD). End Quote

Chico, CA (1888PressRelease) March 01, 2011 - Leticia Hixson, a Realtor of Re/Max Champions in Chino Hills, CA, has earned the prestigious Harris Real Estate University Certified Luxury Distressed Property Designation (LDPD), having completed extensive training in negotiating and closing short sales for the higher end market. This expertise is invaluable as the current housing recession forces more luxury homes into foreclosure.

Short Sale real estate agents need to understand the intricacies of representing clients in the sale of their luxury homes and demonstrate expertise in facilitating confidential transactions. As a representative of the home seller, the agent must understand how to negotiate with first mortgage lenders, second mortgage lenders and Home Equity lines of credit in a Short Sale transaction.

"The Harris Real Estate University LDPD designation has been invaluable as I work with sellers and lenders on complicated luxury Short Sales. In this economy, luxury homes are more susceptible to lender foreclosure. My brokerage must be able to professionally and ethically advise clients on the differences between a Short Sale, deed-in-lieu, foreclosure and loan modification," said Hixson "so we can assist them in planning the most beneficial foreclosure alternative."

Tim and Julie Harris, founders of the Harris Real Estate University in Las Vegas, NV, said "Realtors such as Leticia Hixson with the HREU LDPD designation have valuable training in listing, marketing and negotiating the short sale of luxury homes. Through our in-depth training and continuous education programs, these agents are trained to aggressively connect luxury home sellers and buyers using our extensive training."

The Harris Real Estate University opened in 1998, and provides Luxury Distressed Property Agent training through webinars, teleseminars and teleconferencing. Agents can earn their Luxury Property designation remotely from their offices all across the nation. The HREU LDPD is the premier designation for Realtors who want to specialize in the luxury home market.

"Our goal is to prepare agents enrolled in the program for the challenges of the luxury distressed property market. It's becoming more difficult for uncertified agents to out-sell our graduates. Our comprehensive Luxury Distressed Property Certification gives them everything they need to gain an edge over other agents in their service areas. This ultimately benefits the home owner," Harris said.

If you are in need of more information about foreclosure alternatives, or if you are under water on your mortgage payments, call Leticia Hixson for more information 909-731-8187.

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