All Forum Posts by: Account Closed

Hey Dan,

Here is the link: http://remindermedia.com/tour-american-lifestyle/

I have no affiliation with them but other agents from the office have used it and said their clients thought it was great.

100 is good especially in Northern VA where the price of real estate is higher.

Minimum order was 250 I think, so maybe you can send the rest to a high end neighborhood or something. I haven't done it yet but I think it would complement direct mail well.

I've actually contemplated creating that service before. Maybe I should.

In the mean time, some guy gave us a presentation about a magazine that his company creates and it is brandable. It looks pretty good for higher end clients. They ship it for you though.

I think I have it at the office so I'll send you the name tomorrow. What is your monthly budget? Stuff like this can get expensive fast.

Call the state licensing board and ask them. That's your best bet.

That question is taken out of context. In the case you were describing it seems like your group already has a relationship with the homeowner. It sounds like you're offering a foreclosure prevention service of some sort.

That is totally different from me seeing the collateral to a note I don't own and calling the owner of the house to ask him if he's current on taxes or if his roof is leaking. I don't have any relationship with that guy and I'm using privileged information to harass him about his delinquent loan.

Accountant told me it starts being worth it when you pass the $50,000/year mark as an agent. No clue if that only applies here or throughout the US.

The simpler answer is nothing happens to the equity when you foreclose since there's no transfer of money unless someone buys it at auction. Your question assumes that you're foreclosing for 70k and someone is going to bid 100k?

Just last week a house in my neighborhood was sold as an REO for 110k when I previously saw it go unsold at the trustee sale for 86k. It happens all the time.

Cold Calling expired

That's a video of an agent using a slightly modified version of the KW script to farm expired listings. Just write down his responses to objections and start dialing :)

Your email shows you being with Keller Williams, which does have several training modules available on cold calling. You can also find a lot of them on Youtube (most of which are modified versions of the original KW scripts).

While it's great that you're providing references, I would advise removing their name and contact information from this public thread (if you want to keep them as clients :)

Yeah thankfully the bigger servicers know the business well and can help you spot issues. I just wish that aspect of the business was easier. I mean you've reached an agreement with the borrower, both sides are unhappy (meaning it's a good agreement ;) and that's not good enough.

I was simply baffled that an attorney who's office does a few thousand foreclosures per year wouldn't be able to look at a 2 page agreement and see if something sticks out as non compliant, without charging $2500.