Anthony Aires here with another BPO REO Success Tip.
I wanted to share a BPO REO Success tip with you…that I have coined Easy Short Sale Cash!
I am not sure if you know this or not but when you’re a Registered BPO Agent you get the worm even before the early bird.
What the heck am I talking about?
Well when you are a Registered BPO REO Vendor with the companies on the BPO Bank List you’ll get the inside scoop on any properties that are behind on their mortgage payments…
This information is SUPER VALUABLE, like worth thousands of dollars.
I mean you know about someone being behind on their payments before the Lis Pendens Notices go out to all the “We Buy Ugly Houses” Folks.
So what does this mean and how can you make easy short sale cash with this.
Well let’s assume you HATE Short Sales and want nothing to do with them EVER! If you do want to list short sales you can still do this but it won’t be easy short sale cash. You’ll have to put work into the listing and getting it approved for a short sale from the bank.
But if you don’t want to list it and want to make easy short sale cash then all you have to do is refer this business out to the best short sale agent in your area. Just because they are the best short sale agent in the area doesn’t mean they know about this property going into foreclosure.
That’s it, and since it’s a seller style referral it’ll be easy for you to track the sale and get your referral fee, of course make sure you get a referral agreement signed. I can’t believe how many agents I see doing this, please at all costs get referral agreements signed.
Yours For Prosperity,
Anthony Aires
P.S. If you want to get into short sale investing I highly recommend www.ShortSalesDomination.com