I would suggest looking into eXp Realty. I was with Keller Williams before joining eXp Realty. Trade magazines refer to us as the Uber and Netflix of real estate and a true paradigm shift. Here is what I have loved about eXp.
Agent - Owned publicly traded company (EXPI) therefore no franchise to have to pay into.
* I received 750 shares of stock upon sign up
* 100 shares of stock upon your first transaction every year
* 80/20 split with low cap of $16,000 then 100%. (At KW my split was 64/36 with 6% going to KW corporate until you pay in $3000 then its straight 70/30 until you reach your $20K cap then you get 100%)
* When you cap at $16K then you pay $250 per transaction until you do 20 more transactions after capping at which point it is $75 per transaction. At this point when you do 20 transactions after capping, the company pays you back your $16,000 in the form of company stock. You can cash out 1/4 of it and the other is vested.
* Direct buy program - Choose to have 5% of your commission go towards purchasing company stock at at 20% discount.
* Truly FREE business coaching and training - In the past I paid the corporate franchise money for similar things. Keep in mind there is no franchise with eXp so no corporate frachisor to make money off from training.
* Paperless transactions with 24/7 support.
* No brick and mortor building. As an agent you spend most of your time working from home or if your own office space. If you are spending more time going into the office just to drop off or pick up checks, then choose to cut your expenses.
* I collaborate and mastermind with other top agents every day from across the US and NC in our cloud office which is ran by powerful software that we have the perpetual license for in regards to the real estate industry.
* Every eXp Agent receives the Kunversion CRM and lead generating software that is normally $300-$500 per month and $1000 to set up. At eXp it is all included in your $50 monthly/tech fee.
*Regus Office Suites - Enterprise membership for those times where you may want to go into an office or use internet etc at a business lounge.
*Keep your own brokerage and branding with less liability and expenses
* REVENUE SHARE from those you introduce to the company, down seven levels(like KW profit share but taken off the top not the bottom), you get a % of each of their transactions till they cap. This is willable to your family/children and vested after 3 years with the company.
This Revenue Share, Stock Options, and your regular real estate sales allows for three streams of income. If your sales are down one month, you still have the ability to have money rolling in from other avenues.
Just a great company to be a part of now in 41 states and Canada and growing faster than any other real estate brokerage. Where ever you choose to have as your brokerage, be sure that they are a good fit for you and make you happy.... more
Wow! Now you have heard many reasons all of which can be the hold up. As Holly said we did a short sale that went relatively quick. As I had stated earlier and as many other agents have suggested, it was because I am well versed in the process. I have insiders with most banks that can help move the process along as quickly as possible.
As others have stated there can be many reasons. Knowing the BPO has been done is great, however that does not mean they ordered 2 of them. Paperwork sent by the selling agent is usually the issue. But not always. The banks are sometimes slow, that also may be do to the investor on the other end of the loan or the MI company.
Short sales have changed the way many of us do business now days. There is no one answer. I have 2 that have been under contract since November that have ran into an issue with the investor that owns the loans. I am in contact with them directly and it looks like we will be going to close in a couple weeks. It is good to find out where the bank is in the process ie. Bpo completed, all paperwork submitted, does a negotiator have the file and are they accessible. Even armed with all of that, it may simply be the bank is slow to respond.
If anyone needs help or information about short sales go to http://www.rickdevinehelps.com or email me at email@example.com... more
Your agent should call the listing agent and see what the hold up is. Did the agent provide all the information requested. ? Are there more than one lien on the property? Even if everything is provided it may take time as others have mentioned.
I advice anyone looking for the first time buyer's credit to take it into consideration when buying a house.... more