Broker Price Opinion Review.

The old standby broker price opinion. A way to get cash now.
Really? That's your answer to the current market? Are you sure?

 

Listen up. If you're a realtor, you need to listen to me. I am a broker so I get it. As an agent, you might as well have gone into hibernation the last few yrs. I'm a team leader and my buyer agents have been clawing for any deal. The whole time I've been watching the active agents roster fall, thinking there would be a point where you could make a good living again. The point was that even a tiny buyer pool could sustain a tiny broker pool. We could have seen this coming. We all chose not to.
Like everyone else, I thought broker price opinions were a great option to ride out the storm. The more I considered it, however, the more I found problems with it.
The first problem is the big lie. No, you won't get listings from banks for doing bpo's for them.
Secondly, your bottomline after costs and time in is way lower than you think.
Lastly, there's not enough work out there to generate real money.
Guys, I can feel your pain. Your experience doesn't translate easily into other fields. And, you know real estate. I have developed a course that is the answer to your prayers. I've stumbled upon a new way to use your skills as a realtor to pull in nutty cash.The shocking truth is that the funds are a result of mortgage foreclosures. Let me take a step back, first.

 

It all begin about 5 years ago. I was involved in deed flipping with a friend. My investor and I bought a deed from an owner just before foreclosure. We were going to later sell the deed to an investor at the foreclosure sale. For the first time ever, no one bought the deed. There was only a first mortgage against the house. The property was going to sell for quite a bit more at the auction. The point was to sell the deed to one of the bidders. That bidder would then be able to redeem the deed for just what was being foreclosed upon and own the property. This would save the bidder a lot of money. Because the payoff and what they paid us totalled less than the total bid on the property. We couldn't sell the deed at the foreclosure sale. Of course we had the option of paying off the mortgage and owning the home outright.. We had too many irons in the fire. We let the deal go and then opened up the file to see what happened in these situations.
What we found blew our minds. The property had sold for way over the debt. The surplus funds were sent by the foreclosure attorney to the county courthouse book keeper. We soon were told that the clerk always ended up with the overage. Get this. As the deed holder, my investor and I were the rightful owners of this overage!

 

The deed had cost us only a few thousand dollars. We were going to end up with over $45K just for owning the deed!
As you can imagine, this got us pretty fired up. We spent the next few weeks trying to get a list of all the surplus funds that the clerk had collected. Finally, after asking the right question we got the list for the county. And it was crazy money.
After more research, we figured out how to get around finder laws and make much more money.
The entire course is available at
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Broker Price Opinion not even close. This blows that out of the water
"If you believe you can, you probably can. If you believe you won't, you most assuredly won't. Belief is the ignition switch that gets you off the launching pad."
Denis Waitley
how to buy foreclosures

Broker Price Opinions Are not Best choice!