Agi Donahue with Keller Williams Realty of Northern Colorado has earned a Certified Distressed Property Expert designation (CDPE).

CDPEs have reported a 49 percent decrease in the average time to complete a short sale after achieving the CDPE designation, according to a new survey from the Distressed Property Institute. Before becoming a CDPE, the average time for these agents to close a short sale was 53.01 days, compared to 27.26 days after becoming a CDPE.

“No other real estate designation in the country can claim these results,” said Alex Charfen, co-founder and CEO of the Institute. “CDPEs are making a clear and definable difference in the real estate market by assisting distressed homeowners to stay in their homes or, when this is not possible, by helping them sell through a short sale.”