#72 – Chasing Foreclosures
Attorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses Chasing Foreclosures.
Podcast: Play in new window | Download
Subscribe: RSS
Read MoreAs a real estate agent, you can increase your commissions by learning how to structure wraparound transactions. You will undoubtedly come across dozens of listed properties with high loan balances and little chance of selling by conventional means. Your knowledge of wraparounds will be your ticket to increased commissions in a competitive market.
Once you understand the transaction and have all the pieces of the puzzle in place, you will have more deals than you can handle. Follow this formula:
All you need as an agent are a dozen or so clients who regularly engage in wrap transactions in this fashion. Rather than chase down new clients, you can have “repeat” business. Every agent knows how to do things the “conventional” way. Set yourself apart, create a niche, and before long your reputation will precede you.
Share this article
Attorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses Chasing Foreclosures.
Podcast: Play in new window | Download
Subscribe: RSS
Read MoreAttorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses Single Family Property Management 101.
Podcast: Play in new window | Download
Subscribe: RSS
Read MoreAttorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses seven tips for screening tenants.
Podcast: Play in new window | Download
Subscribe: RSS
Read More