Generate Motivated Seller Leads: #9 is Fine
Wednesday, October 27
Today’s tip is not something you would expect me to put on this list but better be your number one priority. It is a simple concept. It is “FOLLOW-UP.” Why is that 20% of the agents complete 80% of the transactions? Why is it that the majority of investors or agents who invest boat-loads o...
Generate Motivated Seller Leads: 8 is GREAT
Tuesday, October 26
Become the unemployed advocate. With jobless rates remaining at historical highs, there are more and more homeowners facing foreclosure due to unemployment. We network with job counselors, head-hunters, unemployment officers, resume writers, and job fair directors. They are meeting people ea...
Some Robo-Signers Got Perks for Meeting Quotas
Tuesday, October 26
David Stern’s firm handled an estimated 20 % of all foreclosures in Florida and does foreclosure work for most of the nation’s top mortgage servicers. Is it a lucrative business (especially if one doesn’t have to do a lot of fact-checking or following up on pesky details)? Bloomberg News repo...
Generate Motivated Seller Leads: Are You Reading? #7
Friday, October 22
Not to beat up the attorneys again, but divorce attorneys are another source for short sale leads. One of the leading causes of divorce is financial distress. Not to mention that many divorced couples cannot compromise on not only who will live in the home, but who will pay for it. If it is...
New York to Require New Foreclosing Filing Certification
Friday, October 22
New York has become the first state in the nation to implement a new filing requirement for residential foreclosures. Lenders’ counsel are now going to be required to file an affirmation with the NY courts certifying they have reviewed and verified the accuracy of the papers being filed for ...
Flipping Is a “Dirty†Word: An Agent’s Perspective
Thursday, October 21
Let’s bring up the elephant in the room, shall we. “Flipping” a short sale is wrong, illegal, unethical, and defrauds lenders of money. What?… so, I guess buying something for one price and selling it higher to make a profit is illegal. Yeah, and helping a homeowner get out from under t...