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cdrs: The Myth of Establishing Value on VA and Conventional Short Sales - 01/16/11 07:55 PM
One of the biggest questions for us in why our Short Sale team is so successful and why our training is helping Agents to experience above-average closing ratios is this... How do you establish true market value on a VA or Conventional Short Sale, let alone, ALL Short Sale properties?
We have a very unique way of establishing value for VA and Conventional short sale properties. You and I both know that the appraisal that the lender orders, wither done by a certified appraiser or an agent, can be a lot different from what we can come up with. In fact, … (0 comments)
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cdrs: Short Sale Bank Reps do not have Real Estate Licenses - 12/24/10 06:42 PM
It's equally important for bank reps to understand the short sale process, but in the absence of a real estate license, none of them will ever truly understand what is required on both the listing and buyer's Agent side of the Short Sale transaction. Let the banks be responsible for their part of the transaction and we will be responsible for ours, hence the reason why our training exists and why it's gaining so much traction in the real estate industry. The magic occurs when a Agent makes the shift and begins to realize that they can actually control more of … (2 comments)
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cdrs: New Online Short Sale Resource making Industry News! A Unique Tool for Real Estate Professionals - 06/17/10 04:22 PM
For Real Estate Professionals with All Levels of Short Sale Training and Designations
America's Home Rescue, an industry leader in Short Sale education and training, introduces monthly subscription package to over 80 FHA, VA, and Conventional Short Sale Packages & Lender Contact Information for over 50 Local and National Lenders, Including Continuous Updates (Only $29.95 a Month)
Real estate agents across America continue to experienced unnecessary time delays in their Short Sales waiting for lenders to send struggling homeowners the proper documentation when being considered for a Short Sale. While some lenders have finally enabled both the consumer and the real … (0 comments)
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cdrs: Short Sales with Multiple Mortgages - 06/16/10 11:39 AM
Facilitating short sales when there are multiple mortgages is creating some real challenges in today's market. As the "quarterback" of the transaction, it is imperative that the listing agent have a strategic approach.
To illustrate, let's discuss two common scenarios and start with a few assumptions. We have two mortgages: the amount owed on the 1st mortgage = $80,000 and the amount owed on the 2nd mortgage = $20,000. Broker commissions = 6% and other seller closing costs = 2% (including title policy, etc). There are no other liens or encumbrances. The homeowner is in default on both mortgages. In … (3 comments)
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cdrs: Working with Investors on Short Sales and Properly Setting their Expectations - 06/16/10 11:28 AM
Stacy and I know that when working with investors on selling their properties, the lenders are usually quite a bit more aggressive, only because history and statistics tell them they can be. Since we should expect the lender to ask for a promissory note, we must ensure that our client is fully aware of this from the beginning and if they aren't, I may reconsider taking this listing, especially if my client isn't going to be realistic. Now, if my investor client is experiencing a legitimate hardship and the property is a second home or investment property, then it is our … (0 comments)
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cdrs: In the News!! Radically Different Short Sale Training Taking Industry by Storm - 06/15/10 02:13 PM
Agents are Learning to Work on their Short Sale Business, Not in It! Translation = Greater Efficiency, Productivity and Success
AUSTIN — June 15, 2010 — The CDRS Short Sale Certification, launched by America’s Home Rescue in 2008, is changing the way real estate agents are facilitating and managing their Short Sales. “Having spent the last 7+ years in the trenches working Short Sales, our team has seen just about everything there is to see. It’s our years of front-line experience in managing our own Short Sale business that brings the greatest value to our training program.”, says Michael Spickes, CEO … (0 comments)
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cdrs: In the News: America’s Home Rescue: Leading A New Generation of Short Sale Education - 06/09/10 08:47 PM
Advanced Training Positions Real Estate Professionals for Significant Increase in Short Sale Closing Ratios and Decrease in Time Delays and Frustration
AUSTIN, TX — June 9, 2010 —Today, America’s Home Rescue, an Austin-based industry leader in providing advanced, comprehensive Short Sale training, announced the repositioning of their super-charged “a la carte” Short Sale Training Program to better meet the needs of the real estate industry.
“When it comes to the topic of Short Sales, unfortunately, the industry has become flooded with a lot of hype, gimmicks, and watered-down ‘education’, leaving many Agents believing they know more than they actually do, when … (0 comments)
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cdrs: 5 Must-Have Video Tips for Listing and Buyer's Agents working Short Sales - 06/05/10 03:35 PM
Welcome to the America's Home Rescue Short Sale Success Video Series! As a real estate professional in today's market, it is imperative that we are armed and equipped with the right kind of information to represent our clients properly in a Short Sale. In this series, we will provide you 5 Tips that will equip you to do just that. Below, you will find the first tip in the Short Sale Success Series. Visit www.AmericasHomeRescue.com for more information on the tools, resources, and training provided by America's Home Rescue.
Sign up to receive more powerful Short Sale tips at www.AmericasHomeRescue.com!
… (0 comments)
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cdrs: **Webinar Invitation** Integrating Social Media into Your Short Sale Marketing Strategy - Register Now - 03/23/10 05:03 PM
Back by popular demand!! Join us for this information-intensive webinar session, with guest expert Tricia Andreassen, Founder and CEO of Pro Step Marketing! In this power-packed session, Tricia will be discussing how to integrate social media into your Short Sale marketing strategy...
Here's what you will learn: ~ How to Maximize your Exposure on Facebook to Help Reach Struggling Homeowners ~ How to Build a Steady Stream of Short Sale Referrals by Social Networking with Your Peers ~ How to Integrate Social Media Elements into Your Website ~ How to Power-Up Your Blogging Efforts for Maximum Search Engine Optimization
First as … (0 comments)
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cdrs: Very, Very Interesting regarding Short Sale Facts - 03/17/10 02:03 PM
There has been some interesting dialogue in AR over the past few days regarding Short Sale education and certifications. We wanted to add some interesting facts to consider:
1. Most Realtors who have a "Short Sale" designation have no idea what they don't know. It's more about "If everyone is doing it, I'll do it too!", or the prestige of the popularity of a particular designation, regardless of what is taught in the course.
2. Most of the designation programs currently on the market come from founders/co-founders (self-proclaimed gurus) that live or have lived in areas across the country that are … (0 comments)
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cdrs: Ineffective Short Sale Education continues to leave Agents swinging away at their Short Sale Transactions - 02/26/10 07:23 PM
Ineffective Short Sale Education continues to leave Agents swinging away at their Short Sale Transactions
When you take a look and I mean a close look at many of the Short Sale programs currently on the market, you begin to understand why so many real estate Agents continue to struggle with their Short Sales. You can only wonder how many thousands of Agents are led to believe that they are something more than what they truly are, when considering the topic of Short Sales.
In order for you to truly gauge the level of effectiveness and depth of the Short … (0 comments)
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cdrs: Urgent News!! Millions of Homeowners will be directed to CDRS (Short Sale) Certified Members beginning January 2010 via Lifetime Television Partnership - 11/11/09 01:24 PM
Exciting News for Current and Future CDRS Members!!
America's Home Rescue (AHR) partners with Lifetime Television to bring powerful solutions to millions of struggling homeowners who might be facing foreclosure! A HUGE OPPORTUNITY for our CDRS Certified Members, as Lifetime will be doing extensive media advertising to promote our CDRS Agent Network, as a trusted community of trained real estate professionals, qualified to work with homeowners who might be facing foreclosure, and facilitate a Short Sale when this is the best pre-foreclosure option. As an invaluable part of the CDRS Certification Program, AHR has also created the first online geospatial mapping … (0 comments)
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cdrs: NEW Short Sale Certification Video Testimonials JUST IN! Congrats to those who have your certification. It's time to take it to the next level! - 11/11/09 12:49 PM
“Awesome class. Both of you have an incredible gift of teaching. It's so rewarding as a student to actually leave a class believing you've learned something. Your energy and enthusiasm for what you're doing is inspirational. It's real and worth working for. I, too, believe if you help people, keeping their needs in focus, you will most certainly reap the rewards--both financially and internally.” --Connie Millard, Keller Williams
“Your mini-course was tremendous, and your company owners are some of the BEST teachers I have ever heard. I would like to recommend your course 9-hour MCE to our market center. … (1 comments)
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cdrs: Keeping the lender out of your Short Sale will increase your closing ratios and decrease your frustration & anxiety! - 10/27/09 04:47 PM
In today's market, most Realtors are under the perception that lenders have majority control over their Short Sales. In fact, after verbally surveying over 500 Realtors at the 2008 and 2009 NAR Conference, most think they only have 0-20% control over the outcome of their Short Sale transactions, giving majority control to the lenders, their customer service and loss mitigation reps. When we talk about "control", what does this mean?
First of all, the turnover in the lending industry, particularly loss mitigation, is astonishing at the moment. Furthermore, it is extremely rare to find a loss mitigation or customer service rep that holds a real estate … (2 comments)
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cdrs: So, you think you have enough Short Sale education? New Video Testimonials from CDRS Short Sale Certification Event - A must see! - 10/20/09 06:43 PM
Fernando Herboso Key Realty Group Maryland, Virginia, and D.C.
Theresa Helfman Taylor Coldwell Banker Bethesda, Maryland
Jane Quill RE/Max Presidential Fairfax, Virginia
Chuck Ottley Sellstate Dominion Realty Bowie, Maryland
Steve Paxton Prudential Carruthers REALTORS® Baltimore, Maryland
Dwight Avis Thomas J. Lynch Real Estate Great Falls, Virginia
… (0 comments)
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cdrs: Just in! Video Testimonials from Realtors in powerful Short Sale Certification Course - 10/20/09 10:34 AM
Fernando Herboso Key Realty Group Maryland, Virginia, and D.C.
Jane Quill RE/Max Presidential Fairfax, Virginia
Chuck Ottley Sellstate Dominion Realty Bowie, Maryland
Steve Paxton Prudential Carruthers REALTORS® Baltimore, Maryland
Visit www.CDRSCertified.com for upcoming "live" and online webinar class dates!
Call 888-699-9222 for questions. … (0 comments)
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cdrs: Short Sales: The bank should not be asking you for an offer on an FHA Short Sale - 09/28/09 04:37 PM
Fellow Short Sale Enthusiasts,
I want to preface this response by stating that one of our successful coaching group members and I had a conversation just the other day about Chase and many of their loss mitigation representatives not being familiar with HUD guidelines, as they pertain to Short Sales. This actually applies to most lenders. During the course of her conversation about the HUD guidelines with a new rep at Chase, and ONLY after building a solid rapport with the rep, she finally stated that their supervisor never taught them about specific HUD guidelines and that all loans are treated … (6 comments)
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cdrs: It's official! AHR introduces Short Sale Certification Program for Escrow, Settlement, and Closing Officers, as well as Closing Attorneys - 09/21/09 08:52 PM
Refer your favorite Escrow Officer or Closing Attorney to this program and get rewarded for it, if you are already a CDRS Member!
America's Home Rescue (AHR) has officially launched the all-new CDRCS (Certified Default Resolution Closing Specialist) Certification Program for Escrow, Settlement, Closing Officers and Attorneys. America's Home Rescue began training and educating closing officers over 2 years ago, primarily for First American Title Insurance and LandAmerica, in closing Short Sale transactions with a greater level of efficiency and success. For the most part, every Realtor has or has heard of an escrow or closing officer that they would prefer … (0 comments)
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cdrs: Short Sales: Submitting Mutliple Offers and Lender Net Thresholds - 08/23/09 11:32 PM
Is anyone noticing all the fragmented discussion about Short Sales these days? There continues to be mass confusion about the whats, whens, whys, hows, and whos of Short Sale transactions. I want to make something clear and my intention of this post is truly to help everyone who reads it. As speakers at the 2007, 2008, and 2009 NAR Annual and Midyear Conventions and the upcoming first-ever NAR REALTOR University Webinar Summit, and as a 7-year veteran of being in the trenches building a Short Sale business as a team of licensed Realtors (not investors... totally different ballgame!), there continues to … (4 comments)
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cdrs: Exciting News from America's Home Rescue: AHR-Trained Agents are automatically eligible for Short Sale Listing Assignments through SAM Online Lead & Sales System! - 08/13/09 06:11 PM
Exciting News from America's Home Rescue AHR-Trained Agents are automatically eligible for Short Sale Listing Assignments through SAM Online Lead & Sales System!
August 13, 2009
To our community of trained Short Sale specialists: America’s Home Rescue (AHR) and Special Asset Management (SAM) are mutually supporting each other’s efforts in addressing the national foreclosure crisis. As a result, AHR & SAM are collaborating to provide an exciting opportunity for real estate agents who have been trained through America’s Home Rescue. So, who is SAM? SAM connects financial institutions with leading real estate experts who have regional market knowledge and extensive local … (0 comments)
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Michael & Stacy Spickes
Austin,
TX
More about me…
America's Home Rescue (2008 & 2009 NAR Convention Speakers)
Address: 3616 Far West Blvd., #117-354, Austin, TX, 78731
Office Phone: (512) 261-9200
Email Me
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