Atlantic & Pacific Real Estate Adds Robert Watson to its Management Team

Pacific Real Estate, LLC (Atlantic Pacific)
, a full
service national real estate brokerage, announced the hiring of Robert
Watson (CRB, ePro) as vice president and regional manager, covering the
company’s real estate agent network in Orange and San Diego counties. A
well-established real estate broker in the Orange County area, Watson
will focus on developing a business model for the Atlantic Pacific
agents and offices of the future, utilizing new technologies, social
media, agent training, and a customer-centric approach.

Watson specializes in fully leveraging social networking and online
resources to improve information access and the overall customer
experience. Prior to joining Atlantic Pacific, he worked with
Prudential Real Estate Affiliates as Director of Education and Product
Development, where he developed the e-Certified program to train and
certify agents on the effective use of technology in their businesses.

“Watson’s knowledge and intelligent use of online tools, technology and
social networking to improve agent productivity, and focus on the office
of the future make him the perfect addition to our management team as we
develop new approaches to the buying and selling experience for our
customers,” noted Steve DiUbaldo, president of Atlantic Pacific.

Watson will work with the Atlantic Pacific Advance U
educational team—a program tailored specifically to Atlantic Pacific
agents—to develop training and agent education focused on delivering
maximum value for each customer.

“Having an agent population that is superbly educated and trained in the
latest technologies, policies and sales techniques we are developing
within Atlantic Pacific is key to our success,” stated Steve Ozonian,
chief real estate officer of Carrington
Holding Company
, the parent company of Atlantic Pacific. “Atlantic
Pacific’s goal is for agents to grow and advance themselves with the
latest developments to enable their clients to achieve the best results
with their home sale or purchase. Robert’s proven talents in
implementing innovative industry-leading tools that further the business
and satisfy the demands of the tech-savvy customer will help us achieve
that goal.”

About Atlantic Pacific Real Estate (Atlantic Pacific)

Atlantic Pacific Real Estate, LLC is a full service national real
estate brokerage that uses its network of licensed real estate agents to
manage the sale and purchase of residential properties, with particular
experience in maximizing the value of bank-owned (REO) properties for
sale. The company works with sellers and buyers of residential
properties to manage the contract negotiation, sale and escrow
processes. Atlantic Pacific Real Estate is an equal housing
opportunity lender. To learn more about Atlantic Pacific Real Estate,

About the Carrington Family of Companies

Founded in 2003, the Carrington family of companies has evolved from a
mortgage credit asset manager into a vertically integrated specialty
finance company. Together, the Carrington family of companies directs
every aspect of the life cycle of single family residential assets –
from investment and origination through asset management and
disposition. The Carrington family of companies now includes more than
80 local real estate, mortgage lending and servicing, property
management and property preservation offices nationwide. To learn more
about the Carrington family of companies, visit

Forward-looking statement:

Certain statements in this press release constitute forward-looking
statements regarding our expected enhancement of the business and the
ability to satisfy the demands of the tech-savvy customer using
innovative industry-leading tools. Please be advised that these
statements represent our current expectations and that actual results
may differ materially. We assume no obligation, and expressly disclaim
any duty, to update these forward-looking statements.

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