Then make sure you let him know you are coming across deals daily and in order for him to capitialize on this you need him to fax over his proof of funds.

Anything that is contrary to thier daily activity will cause them to think and I doubt many can do that.

Brokers are very paranoid and keep up, I suspect daily, with what is going on.Unfortunetly, some Broker may get a call from his attorney who is on retainer and tell him that, this and that just was found to be invalid and not to do that....then he tells the agents in the next meeting and the grape vine begins!

I forgot to mention that I'm getting a year's worth of foreclosure lists, daily for pre-foreclosures, auction and REO listings.

There may be a fee to have access from counties and you can search them daily.

The document flaws at GMAC were stated by a GMAC employee in a deposition as part of a lawsuit - I tend to believe they are real, since the document counts are fairly large, and the practices used to keep up with that volume will almost certainly lead to short-cuts.

I don't do nearly the volume of business you do, Vikram, so I don't know that this approach scales very well.

I am an investor who acquired my RE license and have been specializing in short sales since 2004.I am a Loss Mitigation Consultant / Writer / COACH at Short Sale Daily News; Team Leader / Owner at Southeastern Home Team of Solid Source Realty Inc; and Owner / Lead Loss Mitigation at Southeastern Group Loss Mitigation (SGLMGroup Inc.)

So I would give them daily updates on what I have done in order to get it removed off the property.

Here in MA, it does seem that less new listings are showing up daily, but I haven't noticed any REO properties I'm watching get removed from the MLS - yet.