Choosing the Right Divorce Real Estate Professional in Minneapolis-St. Paul, MN
Navigating the sale of a home during a divorce presents unique challenges, and selecting the right real estate professional is a critical decision. In Minneapolis-St. Paul, MN, many real estate agents claim to be "specialists" or advertise various certifications, leading divorcing parties and attorneys to ask:
What distinguishes a trained divorce real estate expert from an untrained agent?
Which certifications hold true credibility?
To help answer these questions, below is an overview of key divorce real estate designations and what they signify.
Choosing the Right Realtor ®
When selecting a listing agent, the common practice of one party providing three names to the other party (who then selects from the list) places the burden on the “list-provider” to ensure that all three nominees are truly qualified for the job.
Divorce-related real estate transactions present distinct challenges, as properties are often subject to court jurisdiction and involve parties with conflicting interests. An inexperienced real estate agent unfamiliar with divorce sales can exacerbate disputes, increase legal risks, violate court orders, and ultimately diminish the home’s equity—resulting in significant financial consequences for all involved.
Comparing Key Real Estate Designations
Below is a comparison of prominent real estate certifications related to divorce sales:
Certified Divorce Real Estate Expert (CDRE®)
Application Criteria: Yes (15% acceptance rate)
Length of Program: 12 weeks
Cost: $5,000
Continuing Ed Requirements: Yes (6 hours per year, plus 5 hours per month if a “CDRE® Master Program”)
Code of Ethics: Yes
Certified Divorce Specialist (CDS)
Application Criteria: No
Length of Program: 16 hours
Cost: $895
Continuing Ed Requirements: Yes (10 hours every 2 years)
Code of Ethics: No
Real Estate Divorce Specialist (REDS)
Application Criteria: No
Length of Program: 8 hours
Cost: $250
Continuing Ed Requirements: No
Code of Ethics: No
Real Estate Collaboration Specialist - Divorce (RCS-D)
Application Criteria: No
Length of Program: 9 hours
Cost: $795
Continuing Ed Requirements: No
Code of Ethics: No
Realtor® with No Training
Application Criteria: N/A
Length of Program: N/A
Cost: N/A
Continuing Ed Requirements: N/A
Code of Ethics: N/A
The CDRE® designation stands out as the gold standard due to its rigorous application process, comprehensive training, and strict ethical guidelines.
The Ethical Standards of a CDRE®
The CDRE® designation includes a strict Code of Ethics designed to protect divorcing parties from conflicts of interest and financial harm. Key ethical standards include:
No Dual Representation – The listing agent cannot represent the Buyer of the same property.
Maintaining Independence – Agents must remain at arm’s length from the Buyer and cannot have a financial interest in the transaction.
Confidentiality Protection – Disclosure of the divorce status is prohibited to prevent negotiation disadvantages.
No Conflicts of Interest – Financial incentives that compromise fiduciary responsibility are strictly forbidden.
Without these safeguards, appointing a real estate agent through a court order without proper qualifications may lead to potential misuse of authority or undue influence.
The Cost of Choosing the Unexperienced Agent
Choosing an unqualified agent for divorce real estate transactions can lead to significant consequences, including:
Loss of home equity
Legal disputes and prolonged litigation
Excessive attorney’s fees
Increased burden on the court system
Given these risks, the selection of a listing agent should be a carefully considered decision rather than an afterthought.
For more information on the CDRE® designation and to find Certified Divorce Real Estate Expert professional in the Minneapolis-St. Paul, MN area, refer to the following resources:
Shannon Lindstrom, a Certified Divorce Real Estate Expert (CDRE®), specializes in managing the sale of real property in Family Law cases throughout the Twin Cities and surrounding areas. A highly respected and accomplished Realtor®, Ms. Lindstrom brings extensive industry expertise and a commitment to protecting her clients' interests. She is currently advancing her specialization through the Illumni Institute Master CDRE® Program.
For professional guidance on navigating the sale of your marital home, trust Shannon Lindstrom with RE/MAX Results to provide expert representation and ensure a seamless process.
Shannon Lindstrom, Realtor®, CDRE®, CREDS, GREEN, MILRES, MRP, VCA
RE/MAX Results
Direct: 612-616-9714
Lindstrom_S@msn.com
Shannon@ShannonLindstromRealtor.com
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
https://www.ilumniinstitute.com/cdre/shannon-lindstrom
www.MNDivorceRealEstateExpert.com
