Desiree Patno Enterprises, Inc.

What Desiree Patno Enterprises, Inc. does

Desirée Patno Enterprises, Inc. (DPE) is a privately held, certified women-owned real estate brokerage founded by Desirée Patno and headquartered in Irvine, California. The company's core business is distressed-property transaction services — primarily REO (real estate-owned) disposition for banks and government-sponsored enterprises, plus short sale negotiation for homeowners facing default. It also operates adjacent service lines in luxury residential sales, residential rentals, and homeownership-preservation referrals (loan modifications and refinances routed through preferred lenders). Operations are supported by CityServ, a proprietary paperless property information management system that coordinates repair, offers, transaction, accounting, marketing, and field services workflows.

DPE's go-to-market is enterprise field sales targeting GSEs and asset managers — direct retail relationships with Fannie Mae, Freddie Mac, Bank of America, JP Morgan Chase, Wells Fargo, GMAC/Ally, Ocwen, NationStar, and Green River Capital — combined with direct homeowner services via two office locations in Orange County and the Inland Empire serving Orange, Riverside, Los Angeles, and San Bernardino Counties, plus a North Carolina presence. The company is revenue-positive with over 5,000 cumulative REO transactions and an average closing cadence of approximately one transaction per day.

The business model is transaction-fee real estate brokerage commissions on REO and short sale deals, plus affiliate referral fees on mortgage modifications and refinances. DPE holds women-owned business certifications (WBENC, NAWRB), NAR Short Sale & Foreclosure (SFR) and GREEN designations, VRM REO certification, and Freddie Mac A-REO certification, enabling participation in GSE and institutional vendor networks. CEO Desirée Patno is also founder and National President of NAWRB, the affiliated Women in the Housing & Real Estate Ecosystem trade association, which functions as a thought-leadership and referral ecosystem supporting DPE's market position.

Name

Desiree Patno Enterprises, Inc.

Legal name

Desirée Patno Enterprises, Inc.

Website

http://www.desireepatno.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Desirée Patno Enterprises is a women-owned real estate brokerage based in Irvine, California, specializing in REO disposition and short sale services for GSEs and major banks, with additional luxury sales and lender referral operations across Southern California and North Carolina.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Foreclosure/REO & Distressed Property Brokerage (BPAJAAAI)

Keywords

• REO disposition services
• Short sale brokerage
• Distressed property sales
• Luxury real estate brokerage
• Loan modification referrals

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. REO Disposition Services: Commission-based real estate brokerage services for bank-owned properties. DPE handles the complete REO disposition process from listing to closing.
2. Short Sale Services: Commission-based short sale negotiation and transaction services. Works with lenders, servicers, and homeowners to facilitate short sale transactions.
3. Luxury Property Sales: Traditional real estate commission for luxury property sales to high-net-worth individuals
4. Referral Services for Modifications/Refinances: Referral fees from preferred loan officers for mortgage modification and refinance services. DPE does not perform loan modifications directly but refers homeowners to partner lenders.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Desirée Patno Enterprises, Inc. (DPE) is a certified women-owned real estate brokerage that provides complete disposition, listing, negotiation, and closing services for distressed properties (REO and short sales), luxury residential sales, loan modification and refinance referrals, and rental listings. The company operates through dedicated divisions handling REO disposition for banks and GSEs, a short sale department with HAFA expertise, a luxury properties division, and a Mods & Refis program connecting homeowners to preferred lenders, supported by a proprietary CityServ property management system.

Product overview

Desiree Patno Enterprises, Inc. (DPE) is a certified women-owned real estate brokerage offering a comprehensive suite of real estate services primarily focused on distressed properties. The company operates through distinct service divisions including REO Disposition, Short Sales (with online Short Sale Portal intake), Luxury Properties sales, and homeownership preservation programs for Modifications & Refinances. The company uses a proprietary property information management system called CityServ to manage paperless, high-tech operations. DPE maintains direct retail relationships with major financial institutions and GSEs including Fannie Mae, Freddie Mac, and Bank of America. Founded in Southern California, the company serves Orange, Riverside, Los Angeles, and San Bernardino Counties with offices in Orange County and the Inland Empire.

Differentiator

Problem solved

Functional benefit

Brands

• CityServ: Proprietary property information management system used by DPE for paperless, high-tech operations.

Products and services

• REO Disposition

Quantifiable outcome

• Over 5,000 REO transactions handled
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Women in the Housing & Real Estate Ecosystem (NAWRB)coreStrategic or Co-development PartnerDPE President & CEO Desirée Patno serves as National President of NAWRB, the first national trade association representing women in the housing ecosystem. NAWRB has raised awareness of diverse opportunities and supports development of workforce and supplier diversity standards for the multi-trillion dollar housing sector since 2010.
• Women's Business Enterprise National Council (WBENC)coreStrategic or Co-development PartnerDPE is certified as women-owned through WBENC, one of the leading women's business enterprise certifications.
• Women Impacting Public Policy (WIPP)coreGTM or Marketing PartnerDPE is a national partner of WIPP through President & CEO Desiree Patno. Patno also serves on the WIPP Leadership Advisory Council.
• Enterprising Women MagazineminorGTM or Marketing PartnerPatno serves on the Advisory Board of Enterprising Women magazine.
• National Association of Realtors (NAR)coreChannel Partner/ Reseller/ DistributorDPE is a member in good standing with NAR. DPE holds Short Sale and Foreclosure (SFR) and GREEN certifications from NAR.
• California Association of Realtors (CAR)coreChannel Partner/ Reseller/ DistributorDPE is a member in good standing with CAR.
• Asian Real Estate Association of America (AREAA)minorChannel Partner/ Reseller/ DistributorDPE is a member in good standing with AREAA.
• Vendor Resource Management (VRM)coreChannel Partner/ Reseller/ DistributorDPE is REO Certified through VRM, enabling participation in their REO vendor network.
• Fannie MaecoreChannel Partner/ Reseller/ DistributorDPE maintains direct, retail relationships with Fannie Mae for REO disposition services. Fannie Mae is a key client for retail/direct REO brokerage.
• Freddie MaccoreChannel Partner/ Reseller/ DistributorDPE is A-REO Certified through Freddie Mac HomeSteps and maintains direct retail relationships with Freddie Mac for REO disposition.
• Bank of AmericacoreChannel Partner/ Reseller/ DistributorDPE maintains direct retail relationship with Bank of America for REO disposition services.
• Green River CapitalcoreChannel Partner/ Reseller/ DistributorGreen River Capital is a preferred REO partner for DPE.
• Wells Fargo Home MortgageminorChannel Partner/ Reseller/ DistributorPreferred loan officer Florica Shepard at Wells Fargo Home Mortgage is referenced as a partner for homebuyers seeking financing.
• Bank of America Home LoansminorChannel Partner/ Reseller/ DistributorBank of America is listed as a preferred lender resource for homebuyers.
• Chase Home LendingminorChannel Partner/ Reseller/ DistributorChase is listed as a preferred lender resource for homebuyers.
• CitiMortgageminorChannel Partner/ Reseller/ DistributorCitiMortgage is listed as a preferred lender resource for homebuyers.
• Prospect MortgageminorChannel Partner/ Reseller/ DistributorProspect Mortgage is listed as a preferred lender resource for homebuyers.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Hubzu: Online foreclosure and bank-owned property marketplace owned by Altisource that connects buyers to REO listings from financial institutions and GSEs. Directly comparable to DPE's REO disposition business, though delivered through an auction platform model rather than full-service brokerage.
• Real Estate Disposition Corporation (REDC): National REO asset management and disposition firm providing brokerage and field services to banks, GSEs, and servicers. Closely matches DPE's enterprise-focused REO brokerage model with similar client profiles (Fannie Mae, Freddie Mac, major servicers).
• Carrington Property Services: National REO property preservation, inspection, and brokerage services provider serving major banks and GSEs. Closely comparable enterprise REO disposition business to DPE with similar client roster and service-line breadth.
• Mortgage Contracting Services (MCS): Property preservation and REO field services firm working with servicers, investors, and government entities. Comparable to DPE's REO brokerage and field-services coordination capabilities in the distressed property ecosystem.

Broad incumbents

• Auction.com (Altisource): Major online real estate marketplace specializing in bank-owned, foreclosure, and distressed properties at national scale. Overlaps with DPE's REO disposition services but operates a marketplace model with vastly larger geographic coverage and institutional seller relationships.
• ServiceLink: National default services provider offering REO disposition, asset management, valuation, and field services to mortgage lenders and servicers. A scaled incumbent offering similar enterprise services to DPE across a much larger geographic footprint.
• First American Mortgage Solutions: National provider of default services, REO disposition, and title-related products for lenders, servicers, and GSEs. Directly competes for enterprise REO brokerage mandates and offers a much broader integrated services portfolio.
• Redfin: Tech-enabled residential brokerage operating across the U.S., including in Southern California. Overlaps with DPE's luxury and consumer-facing brokerage segments but does not specialize in distressed/REO disposition.
• Compass: National technology-driven real estate brokerage with a strong luxury and high-end residential focus. Directly comparable to DPE's Luxury Properties division though operating at vastly greater scale.

Regional players

• First Team Real Estate: Large Southern California-based residential brokerage serving Orange County, Los Angeles, and Inland Empire — the same core geography as DPE. Comparable in luxury and consumer brokerage segments, though without DPE's REO specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/desiree-patno-enterprises-inc-

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Desiree Patno Enterprises, Inc.