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Become a note broker | How much money can I make | What do I receive | What others are saying

 

 
Frequently Asked QUESTIONS
ANSWER
 
 

1) I’m looking for a home-based business such as note brokering, but I’ve heard that some courses cost 1,000’s of dollars, Why is yours so inexpensive?

Your absolutely right! Some companies charge 1,000’s of dollars for their course, but once they have your money they drop you like a lead pipe! My inexpensive course will teach you everything the expensive ones will and more. My goal is to create a business relationship with you because its a win- win situation. By working together with me and my company, you will learn the business, earn 50% of the fee and I get a chance to buy more notes in your area without opening up an office there. I’ll earn more money down the road and so will you. Buy working with us on your first deals, it will make you 100% comfortable to work directly with the investors.

 

2) Q. Do I have to co-broker all of my notes with you?

Absolutely not! You have the privilege of co-brokering with me or you can submit your notes directly to the key investors, and you keep 100% of the fee. You will receive confidential access to a variety of major financial institutions that specialize in buying notes at very competitive pricing. You will receive the name , address, and toll-free numbers of investors that purchase real estate notes, business notes, annuities, structured settlements and even lottery winnings. They also purchase time-share, recreational resort, and residential lot notes as well as bulk purchases.

 

3) Q. I have no experience in this business! How do I get started?

My course assumes you have no experience and includes easy to follow step by step instructions covering every aspect of the business. Best of all! You will have my toll-free 800 number and you can talk to me or my associates, and you’ll talk to a live person, not a machine.

 

4) Q. Do I need an office or equipment?

You can operate this business on a part or full time from your home. If you have a phone, an address, access to a fax and copy machine, your in business. We will provide the necessary forms and instructions you need to make submissions to us or investors.

 

5) Q. How do I find clients?

With the experience of 30 years in this business we will show you how to use creative marketing methods that will attract clients like steel to a magnet. We’ll teach you a dozen different effective methods to find clients. You can use our proven media ads and direct mail materials that produce results. You can also locate note holders at your county clerks office which is public information. But better still, we can provide you with 1,000’s of note holders we already have. You simply make the contact, fill out the worksheet and your on your way to closing deals.

 

6) Q. What do I do when my first client calls?

When a client calls, use the worksheet to guide you as to what questions to ask. Just fill in the information about the property and the terms of the note. Fax the worksheet to my office and we can give you a quote within 24 hours.

 

7) Q. Does a note holder have to sell the whole note?

We can purchase the whole note or a portion of the note. We can purchase a part or all of the payment stream as well as the balloon if any. We can structure an offer subject to the clients needs.

 

8) Q. How do I determine the fee I will earn and how am I protected?

You will receive a guideline of appropriate fees which range from 4% to 8% depending on the size of the note. Once a purchase agreement is signed the investor will protect your fee and pay you once the note purchase is completed.

 

9) Q How much money can I earn in this business?

The amount of money you earn will depend on how aggressively you market your service. Notes you receive on residential properties will range from $25,000 to $150,000 with a average of $80,000. Typical fee are 4%-8% with an average of 6% which is an average of $4,800 per deal. You can easily work on several of these per month. You will only spend 1 to 2 hours of actual work per deal, the legal and underwriting is all done by the investor. Commercial notes, annuities and structured settlements will be much larger amounts. The largest note I ever brokered was $4,000,000. My fee was only 1% but that’s $40,000 for only a few hours of my time.

 

10) Q. Do I have to be at the closing?

I’ve closed 100’s of millions of dollars in transactions including loans and notes. 99% of these, i have never seen the client, never seen the lender / investor, never seen the property and never been to a closing. That’s what’s so unique about this business, everything is done by phone, mail and fax.

 
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