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Brokers - No More Bank Negotiations
If you've ever closed a short sale before then you understand how difficult and frustrating the process can be. To be successful you need to spend hours on the phone talking with bank mitigators, often getting nowhere. You should be out doing what you do best - working with clients and building relationships.
Do the Math
Have you ever sat down and figured out how many hours it takes to negotiate an average short sale file? You'd probably be surprised how much time you waste on the phone and faxing paperwork around. And, keeping up with what the latest at the banks and what the government is doing can be a full-time job in itself. Now, if you take that wasted time and put it towards marketing and prospecting, how much more money could you make? Do the math and then give us a call.
Our Fees
Our fee structure is simple.
We charge only 25% of your listing commission (after you pay the co-op) for properties up to $400k and 20% on properties over $400k, with a minimum fee of only $799. We are licensed brokers, so our fee is as simple as a referral fee on the HUD-1.
There are no additional fees to your client and we only get paid if we close, so you have nothing to lose.
How we are different than the competition
- We are Certified Distressed Property Experts®, the largest and most respected Short Sale Designation for Real Estate Brokers. We have committed to the additional training and we are further committed to maintaining our knowledge level in the local foreclosure market.
- We are licensed Real Estate Brokers - The Colorado Real Estate Commission position on short sales is clear - they only want licensed real estate brokers to help consumers with short sales.
- We utilize cutting edge software - our systems were built specifically for processing and tracking the activities related to real estate and short sale transactions
- We are experienced - our processors have many years experience in real estate and specifically in the foreclosure market.
How our service works
- You submit your short sale request through our automated system and receive notification of approval within 24 hours. All information is confidential until the short sale packet is submitted.
- You take your listing and collect the required information for our short sale packet
- You fax or email the short sale packet to our short sale department
- We enter the short sale packet in our system and begin the initial contact with all banks and lien holders
- We communicate and cooperate with all lien holders as necessary to get short sale approval
- We communicate and cooperate as necessary with the title company.
- We send you weekly updates on the status of your file until closing
Contact Us for more Details
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Its a no-brainer...
- No bank negotiations
- No upfront fees
- You keep your listings and your clients
- Only licensed real estate brokers and CDPEs work on your files
- Our software and systems are the best in the industry
- Success fees as low as 20% of your net commission. That's less than a referral fee!
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