This post is way past overdue but I had to take the time out and share some of my success with the BP community as my way to give back to a community that has given me so much since joining.
I am happy to say that I got my first deal closed of 2013 out of the way in the first 10 days of the year. It was a short sale that I was working on with a partner for about three and a half months which seemed to be pretty fast even with the hurricane Sandy that the northeast endured. This deal that I was finally able to get done was a deal that I found more than 2 years ago.
I was able to locate the homeowner of a rundown property when driving for dollars. After a few conversations I was able to get the owner of this vacant house to agree to do a short sale on the property. After a few months of negotiations with the lender in 2010 I was unable to get the lender to agree to a short sale amount. This was a quite a disappointing feeling after having done all that work but at least I was able to build a rapport with the owner which little did I know come back to be an important factor.
Months went by after the unsuccessful short sale but due to the open lines of communication and rapport that I had built with owner that same owner started to refer other deals to me because of how much they felt comfortable with how I dealt with their short sale even though we were unsuccessful. Fast forward another 18 months I was able to approach the owner once again about attempting to do another short sale with the same lender. This time I decided to partner with another realtor who had more experience than I did with this particular lender than I did. I am not sure if that was the trick that did it but I was elated when we were able to get the short sale approved and then closed. I was more than happy to split commissions because in the eyes of the seller I had now become a reputable realtor that could deliver on their word! This deal gave me the momentum to go through all of my old leads to see what other diamonds in the ruff I could find. I hope this inspires some of you to go back and rehash a few deals.
I hope that this is the beginning of a great year! Thanks for reading BP!
Awesome @Andre Green ! Thanks for sharing this!
Thank you for sharing! As a newbie in the real estate industry, this one is truly inspiring. It makes me want to go for the gold to be successful just like you. I hope you wont mind if I do pop questions once in a while, I really need a little mentoring since I just started being an agent in late December.
Hey @Brandon Turner and @Dina Morenque thanks so much for the feedback and please don't forget to vote my post up if you like it! I am trying to get on @Joshua Dorkin radar of being a productive member of BP LOL. I love BP!!!
Dina I would be more than happy to answer any questions that you may have that I can help with. I am not sure why you are so concerned with mortgage trends at this point in your career but I know that there are some great intellectuals here on BP to answer that question better than I can. Keep forging ahead.
Up voted! @Andre Green
I'll put in a good word ;)
Hey @Andre Green - You're on the radar! Welcome to the site.
Awesome I am in the process of going through old leads right now and reaching out to them again. Haven't got anything closed just yet but, some good starting coversations with a couple people! Just gotta keep trying!
Thanks Jon Klaus!
Thanks alot Brandon and hi Josh. I didn't realize that you were the same Brandon from the podcasts. Great job by the way guys!!! So much great information and knowledge. Just amazing what BP is doing.
Scott great job. It's low cost and you never know what you might find on your treasure hunt!
@Andre Green . Thanks for posting. These are the type of articles newbies like myself need to read for inspiration but more importantly in the story is the process you discussed (locating a homeowner of a rundown property). It definitely gives light for us to see how deals are done.
Thanks @Andre Green ! Glad you are enjoying the Podcast!
I think your decision to partner with another realtor is a good trick and help a lot to complete this deal successfully. You really do a good work to complete this deal. I hope your this year will be successful for you. Best of Luck.
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