nbrunette
349 Posts |
 Posted - 04/24/2008 : 12:39:10 PM
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Short Sales Only
~TIME TO LOCK IN YOUR AREA~
We founded short sales only due to local Investors paying me personally to handle their short sale files.
The goal was to hit 40 files a month at $800.00 per file and make $30,000.00 per MONTH. Well we
launched the website and immediately the first day we got 52 files, by the end of the week we had 132
files that we were working. Now our average month is 672 files. WHY ?you may ask. Simple, this
business is in demand. So after great brainstorming with my staff we have decided that we need to
create win-win situations. So here is what the plan is effective July 15th 2008. We are totally revamping
the website. It will look like a United States map. The new site will allow you to click on the
State and it will automatically go to the Short Sale Company in that State. We already have a few areas
covered. That company will be able to price there Short Sales at a higher price and make money off of
our Business doing their work. The Loss Mitigation business is AMAZING we are able to keep 8
mortgage companies busy even in the down time; As well as we have an Exit strategy that is second to
none. We are obtaining properties at 60-70 cents on the dollar. And selling them for 110% of the
appraised value in 7-10 days TOPS.
There are other Companies out there that are trying to do what we do. The bottom line is; it will take
them anywhere from 4-7 years to build the contacts that we have been building. Due to the Bulk
numbers of short sales we bring the lenders we have a very fast 28 day average turn around.. Now lets
throw in the fact that we get the pick of the litter on the properties that we purchase as well as the
strongest exit strategy out there (As soon as you launch this there is no reason you should not be retired
in 24 months Seriously!)
So out of the Short Sale companies out there, we do well almost everyones Loss Mitigation control
anyway. Our website is getting at least 15-20,000 hits a month already so here is what some other short
sale companies have been doing. They market there service for double sometimes TEN TIMES more
then we charge they bring in the deal and submit it to us. We do all the work and they make the money
EXPAMPLE- There is a company out there that charges $1,800.00 up front and 3% negotiating fee. So
on a $200,000.00 house they make $7,800.00 pay us $800 and make $7,000.00 they bring us an
average of 18 files a month. So that is over $100,000.00 per month. And they had no experience at all
before they got involved with us.
HERE IS THE POWER QUESTION I KNOW EVERYONE WANTS ANSWERED!
Why would we do this?
Simply put, if we bring on 40 remote locations across the United States all bringing us in 18 deals a
month we are doing 720 deals a month. Plus the 300-400 we bring in from our branch we end up doing
over $800,000.00 per month in business. Now if we do it without branch companies we would have to
call and update everyone individually. Where as if we do it this way I only have to have my staff update
40 locations nationwide saving us 61.85% of our time allowing us to do what our true passion is Short
Sales.
Check out our website www.shortsalesonly.com
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