Hey this is great stuff. Thanks for the ideas

I forgot to ask – will the banks let a Realtor get paid on a short sale?

not much help. very low informational value. seemingly not presented by someone who could write the short sale manifesto. thanks for trying

Thanks for the video Josh, I took at least a page of notes, but I do have a question for you. what do you think is the best way to get a hold of these negotiators?

Actually greg wrote the manifesto I thought? greg is josh’s partner

For those of you who enjoyed the introductory video thank you for watching and you’re welcome….but get ready for some more advanced stuff. This was just the intro for those people who are new to investing in this area. Can’t go to the juicy stuff unless we touch on the basics first. As of this posting there have been over 613 views of the video in just about 21 hours.

Jenny’s question about realtors – YES. Lenders actually want sellers in foreclosure to list their properties for sale with a real estate agent. Commissions vary from 3% – 7% depending on the bank. They want the property listed so they will pay commissions. The Referral Renaissance is all about working with real estate agents and others who can bring you short sale opportunities for free. Many of our coaching students are real estate agents who not only work the short sale for a commission but also for the profit from re-selling it. They get both so that’s a tremendous opportunity.

From Ralph – the best way to reach the negotiators varies – phone obviously – email – I’ve actually negotiated an entire short sale purely thru email – and lastly fax – as a last resort. Once you’ve submitted the pacakage you need to find out who’s assigned to the file – get their direct number, fax and email. Also ask for their boss’s phone and email in case they are not responsive. Then pound away.

Have any of you completed a short sale? How did it go? What roadblocks did you encounter? Was it a retail short sale or a buy and sell for profit – quick turn short sale?

Nice overview of the pre-foreclosure & foreclosure process for investors, realtors & sellers. Looking forward to navigating the rest of your website!

what has been your number one referral source?

I agree. It is a very good e-book but the video was a little basic. I have done some short sales but have always had issues with the banks. What is the best way to deal with the banks?

Josh,

How do we get the Approved Certification (for realtors) to give the realtor presentation like that one gentleman who got 14 deal did??

I thought the Short Sale Manifesto which advertised itself as “Hey I am not a 4 million page sales letter” and then was exactly that was bad. Upsell. Upsell. Upsell!

This one takes the cake though. Why not name it Call A Realtor Referral System!

As a Realtor and a much smarter investor than you, why in the world would I break my fiduciary and commit 5 out of the 7 mistakes that can cost me my license by working with you?

If you don’t know the 7 ways to lose your license, keep referring stuff to these guys, you’ll find out.

Thanks,

Karl

I told you to stop Karl. stop telling people what they should name their reports, kids, pets etc… Sorry

I was on the webinare last night and I would like more information on how the option contract works on short sales when most lenders that I’m aware of don’t accept them.
Also how would I handle the required down payment of 3-5% in certified funds, when a option contract is done with little to now money down.

Your response will be greatly appreciated.

Sincerely,

Ric Porges

Solution Finders Real Estate Investors
1474 Alexandra Blvd.
Crystal Lake, Il. 60014

Office:(224) 569 -6430
Cell: (847) 344-6370

Do you and Jeff still do the Short Sale Negotioations

Sincerely,

Ric Porges

Solution Finders Real Estate Investors
1474 Alexandra Blvd.
Crystal Lake, Il. 60014

Office:(224) 569 -6430
Cell: (847) 344-6370

How do you overcome the objections of someone like Karl? I am considering getting a real estate license (I’m an investor) but am concerned about what I would perceive as a conflict between representing the seller or a buyer and also negotiating a short sale.

Karl Hartley
can you educate us on the 7 ways to lose your license so we all an be more informed?

thank you