Real Estate Agents

Why are we seeking Real Estate Agents to join our team? In order to be successful in today's slow and tough real estate market, you will need to become even more specialized in your field. One of the most important strategies today is Short Sales. Real Estate Agents must know how to Short Sale properties, find properties in foreclosure, negotiate with the banks for discounts and sell these properties to investors who want to fix and flip or rent them.

Foreclosures are a very large aspect of the market today and the discounts that banks are offering are dropping housing prices dramatically. In order to compete with these price changes, it's important to partner with investors who need the support of the agents to sell these properties quickly. Our local team has hundreds of investors who need this support and we will teach you how to make big $$$ with Short Sales.

What is a Short Sale?

A Short Sale is the sale of a home when sales proceeds do not fully pay off the existing loan(s) and lender(s) accepts a discounted payoff to fully satisfy the loan.

The best part, the existing lender pays virtually all sales costs, including commissions, escrow and title fees and repair costs. Home owners get their home sold, the loan(s) paid off and avoid foreclosure.

Is specializing in Short Sales right for me?

Mortgage lenders are increasingly willing to work with borrowers faced with a financial hardship to accept a discounted payoff on a mortgage. If they are faced with a hardship that makes it likely they will be unable to meet the obligation on the mortgage, the lender would prefer to settle the matter as opposed to taking the property through foreclosure. Real Estate Agents are key to this process as investors need help selling these quickly. Short Sales Agents can also negotiate the discounts with the banks and earn additional income.

As you consider the option of pursuing Short Sales, remember lenders are looking to limit any potential loss on these loans and with foreclosures on the rise, they are seeking more educated agents for help. By completing Short Sales, a lender has arrived at a solution that is, for them, much better than a foreclosure.

Bottom line, lenders need more help with Short Sales.

Dominic Wood is an authorized, Independent Student Advisor of Nouveau Riche. The Nouveau Riche logo, Company Name, and Products, used in any and all forms are service marks and Intellectual Property owned by Nouveau Riche Corporation and licensed to Dominic Wood and may not be duplicated without the express written permission of Nouveau Riche Corporation.