Real Estate Investor · Vicksburg, MI · Member since 2009 · 129 posts · 36 votes
I have a Realtor that says he has many leads 30-60 days late but no time to market to the owners. He asks if I have any thoughts on these leads. How should I handle this? I want the leads but I'm not sure what he would want from me $$$. Thanks, Herbster
Probably the easiest thing is to perform the short sale and have him be the Realtor listing the property. You get the paperwork signed, do the negotiating with the bank, make the profitable transaction however you do it, and he earns a commission when the property is sold.
Probably the easiest thing is to perform the short sale and have him be the Realtor listing the property. You get the paperwork signed, do the negotiating with the bank, make the profitable transaction however you do it, and he earns a commission when the property is sold.
Good luck Herb. Just make sure you read up on all the rules involved in flipping short sales...as you do not want to be caught on the wrong side of the law.
Whats your plan for marketing to these leads and what info. is provided. Will you be sending mailers / door knocking / cold calling ?? Sounds like a great list to have.