I just went through a demo with the foreclosuresdaily.com company. It was quite interesting. for the cost of $7995 you get the things as follows:
access to a loss mitigator $299 to submit a property for short sale
submit to a BPO cost $399
personal website
http://www.yourcompanyname.com with support and your own 800# for those in foreclosure you submit marketing letters to (all provided).. this all comes with a personal assistant they answers and forwards qualifying requests for assistance in foreclosure by that party $49.95.
Just as Mr. Tepper mentioned, all the books, dvds, and cds. I received an email with the details of the things that are included in the $7995 and the list is pretty long and they answered all questions I had at the time. They provide buyers, sellers, and other investors lists. The website demo shown is very up to date. It shows current lis pendens and auctions for the current, future, and past calendar months. I caught one of the homes addresses and went buy to check it out and the home was quite nice. What I did not understand (being as though I am about to get into my first investment) is the numbers & the true process of completing a short sale. Of course she said this was in the kit. It is very interesting. This may be because I have practically no knowledge in the matter. In the process of learning. When I attended a seminar, I noticed throughout introductions in the room, there were several realtors and current investors. Some there just to take in info they may not have others joining. So, some say why not just go with a REALTOR. They were there signing up also. So, myself being curious decided to post the info here to find out which should I choose REALTOR or try the program. Above are all cost involve. Of course profits are shared to the company $3k flat off a short sale. I guess I could understand that part. (same would go to Realtor) Fiduciary responsibilites is a big part with a REALTOR that is true. (what about all the other things above (additional expenses are they comparable?) How about an a REALTOR who may have the time go through a demo and see what they think then especially the people who asked why not one over the other? I am truly curious to know what a true professional think in detail. OHH YEAH! if you complete 2 short sales within 12mths they pay you back the $7995. $500 down and 6mths no payments. next 6 months montly payments on $7995, but during the entire 12mths if a 2 short sales occurs then it is wiped out or paid back depending on when in the 12 months.....I am going to wait another week or 2 and check for responses and see if anyone has checked into it further and then make my decision. (i will also talk with a few more REALTORS..
- Thu Apr 3 2008, 14:49
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