AUSTIN, TEXAS – January 18, 2010 – The Distressed Property Institute, LLC announced its acquisition of the STAR POWER brand, and the re-launch of gostarpower.com, STAR POWER Club™, STAR POWER University™ and the monthly selection of STAR POWER Stars™. Alex Charfen, co-founder of the Institute, will take on leadership as CEO of STAR POWER.

“We’re excited to continue STAR POWER’s tradition of excellence in real estate education, and to further propel its leadership in the industry,” Charfen said. “Top agents from across the country have shared information through STAR POWER for over 20 years to elevate the standard of care in real estate. It’s an incredible organization, and through it we fully expect to change the industry for the better.”

“It is truly a privilege to be a part of STAR POWER’s celebrated legacy,” Charfen added.

STAR POWER is the recognized leader in real estate education, taking solid-performing agents and helping them build profitable, rewarding careers. Through the experiences, perspectives, innovations and insights of STAR POWER Stars—the top agents across brokerages, disciplines and geography—agents learn by example how to accelerate their career paths toward market leadership. STAR POWER Star is the most exclusive distinction in real estate, reserved for professionals who typically average in excess of $35 million in annual sales volume and over 200 transactions yearly.

Originally established by industry icon Howard Brinton, STAR POWER has grown into a premier training organization. The STAR POWER Annual Conference has also become one of the best-attended, independent events in the real estate industry.

“It’s a particular thrill for me to see the new direction STAR POWER is taking,” Brinton said. “Under Alex’s guidance, STAR POWER can reach enormous heights and assist countless professionals in realizing their full potential.”

Brinton will stay on with STAR POWER in an advisory capacity.

Based on the philosophy of Success Shared™, STAR POWER aims to raise service levels and the standard of client care throughout the real estate industry. STAR POWER Club members gain access to top agents and brokers across the country, as well as the strategies, tools, insights and perspectives that have helped them grow successful, lasting careers in real estate. In their monthly Career Acceleration Kit™, Club members receive video spotlights, audio interviews, the new STAR POWER Monthly magazine, extensive resources and archives, and an online community with interactive Star features.

For more information about STAR POWER, visit www.gostarpower.com.

About the Distressed Property Institute, LLC
The Distressed Property Institute is the premier real estate training organization for the distressed property market, educating real estate professionals to engage with and assist homeowners facing hardships. The Institute has grown its designation, the CDPE, into the fastest-growing designation in real estate industry history. As of January 1, 2010, the CDPE had more than 17,000 members, and received the endorsement of industry leaders and icons, including: Brian Buffini, founder of Buffini & Company; Dave Liniger, chairman and co-founder of RE/MAX International; Joe Stumpf, founder and national spokesperson of By Referral Only^®; Allen Chiang, Chairman of the Asian Real Estate Association of America (AREAA); and Tino Diaz, Chairman and President of the National Association of Hispanic Real Estate Professionals (NAHREP).

For more information about The Distressed Property Institute, visit www.cdpe.com.

Media:
Adam Pedowitz
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