Mark your calendar as I'll be spilling the beans on...

"Little-known, Insider Tips on Representing Buyers of Foreclosed Properties That Will Help YOU Stand Out and Get More Listings Closed"

(I'll get you rapidly "up to speed" as if you've
worked with foreclosed homes for years...)  

Let me ask you, when representing buyers of foreclosed properties:

• What closing date do you ALWAYS want to avoid for a foreclosed property? Why? This important detail will many times make or break a less-than-list-price offer.
• What are the 'red flags' to watch for from the buyer's lender?
• What are questions you must ask the selling agent in order to insure a smooth deal?
• What are 2 critical contingencies you can put in the offer contract for your buyer that will be considered by the seller? These will give your buyer complete protection and the ability to walk away from the deal without any liability.

Here's one of those critical contingencies that will survive offer negotiations - use the simple "Subject to satisfactory home inspection" clause. That is a wide open door for your buyer to walk away from the deal. The least "unsatisfactory" problem that comes up provides an escape for the buyer.

Based on our DAILY experience with foreclosed homes, I'll be sharing "straight from the trenches", insider knowledge on how to best represent your buyers on foreclosed properties...

Given the increasing REO inventory which is expected to be significant, the odds are your buyers will be influenced by the media reports and instead of buying a new home or a resale, they will be asking about purchasing a foreclosed property.

How do you provide the best representation? In order to be effective in this process, there is critical information you must have to save you valuable time and money.

Here's a sampling of what I'll be addressing at this information-packed workshop:

• How to successfully negotiate the deal.
• How to insure that financing will work for the foreclosed property.
• What types of financing are available for foreclosed property purchases?
• What to expect in the addendums to the contract that the seller will require?
• Preparing your buyer for the potential delays.
• What to expect from the listing REO broker.
• How to identify the red flags that might indicate that your offer isn't even being worked and what to do about it.
• What causes a 'multiple offer' situation?
• Can you ask for repairs in the offer?
• How do you get the selling agent on your side?
• Why are you asked to submit the buyer's 'best and final' offer?
• Does it violate any professional standards to ask what price, or prices, the selling agent has in the other offers?
• Why does it take so long to get a response from the seller?
• Who are the REO brokers that have a history of being difficult to work with?
• Must the lender have the executed contract before the loan can be submitted to their underwriting?
• When should you order an appraisal?
• When should you order the home inspection?
• Whose responsibility is it to get the utilities turned on for the home inspection?
• And more. I'll discuss any questions you have.
  
  

What Past Attendees Have Said: 

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"Thank you very much for the informative session Larry. I am a newly licensed agent as well, and I am very appreciative someone could take time from their busy schedule to help other agents. If you are interested in foreclosures, do not miss this session!" - Amanda W.   

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"I’m a new real estate agent trying to suck everything I can like a sponge. Foreclosures are mysterious to me. You helped me understand a lot that I didn’t know. I have tried to help individual buyers purchase a couple of foreclosures without much success. I will be better armed now and just maybe I can make it work.

I hope to do business with you again.

Thanks for the extra time you gave me after the class to discuss your about company." -Bob

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"Larry, I really enjoyed your class tonight on the best ways to write an offer for an REO. It answered the questions I have wondered about. Thanks again." -Randy S., Prudential

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"Larry, I thought it was good. A lot of that stuff I had been thru myself and found out the hard way. Many agents just don’t understand that REO’s are a different animal and that BS power game they try to pull just don’t work for them. Maybe you have saved some of those agents some embarrassing moments for their clients.

 
Limited seating capacity. It is first come, first serve. Satisfaction guaranteed.

6423 Summer Gale
Memphis, TN 38134
Map and Directions

To insure your seat you must act now as previous workshops were full.

I look forward to seeing you here.

Regards,

Larry Mayall
First National Realty, Inc.

Ph: 901-255-2745
Cell: 901-230-3461
Email: events@firstnationalrealty.com