Alex and Cadey Charfen founded the Distressed Property Institute in January 2008. After more than a decade helping distressed homeowners find solutions to their difficult situations, the couple embarked on a mission to help change the current state of the real estate industry. When the market began to shift, they found that they could help many more homeowners, and have a direct impact upon the massive wave of foreclosures across the United States, by training other agents to handle distressed properties. Since its inception, more than 25,000 real estate professionals have earned the Certified Distressed Property Expert® (CDPE) Designation, making it the fastest-growing independent designation in real estate industry history.
In December 2009, the Distressed Property Institute acquired STAR POWER Systems®, which had been recognized for more than 20 years as the #1 brand in real estate education. Top agents across the country, known as STAR POWER Stars, share their successful strategies and tools to help other agents build thriving businesses. A STAR POWER Star is the most exclusive distinction in real estate, with Stars typically averaging in excess of $35 million in annual sales volume and more than 200 transactions per year.
Following the acquisition, the Distressed Property Institute and STAR POWER Systems joined together under one company, and Relativity Press was born. The mission of Relativity Press is to help members achieve Tangible Results Through Knowledge™.
Charfen Institute continues to set the pace for the real estate industry by leading the next wave in the market – real estate investment. The company made history again in October 2010 when it launched the only designation specifically addressing the needs of residential real estate investor clients, the Certified Investor Agent Specialist™ (CIAS) Designation.
The CIAS Designation trains real estate agents to find, create, and close with residential real estate investors, providing the necessary tools and strategies to help them make sound investment decisions for their future.