Ok, Ok....Who hasn't heard the pitch. Sign up now, with all your buyer information, get all the fee agreements signed, and when the package comes in.....
But this week, I heard it three times, and one of them took the cake.
It was my first "conference call" in a while. I have had my fill of these conference calls, and most of them go nowhere, and take a long time to do it.
This one was nearly an hour. With in a few minutes, I put my phone on Mute and took a walk while listening on my headset.
My short walk is down to the stop sign and back, right at 1.2 miles......The call was still going on.....an on....
But, one of the participants was a very experienced party, and he began to attack the hosts on a point by point analysis. His points were:
1) How well do you know the seller broker...
2) How many of these deals have you seen go thru....
3) How many parties are between you and the seller you don't know...
4) Why should we be willing to sign over 20 pages of documents with parties we don't know, for a deal that has not been done yet, with a seller group that cannot be disclosed because of their affiliation with the Federal Government...
5) How long have you been involved with this Broker Group that you are so willing to put your integrity on the line for them.
6) Who are the parties again, (oh yeah...can't tell us) how do the points on the fee agreement get split......
7) Why would we wish to be involved in paying the "unknown" Broker parties four percent that we get none of..........
8) Why in the hell did the conversation not begin with this last point,,,, Blah Blah Blah Blah
About this time I was repairing the sink in the bathroom, a chore I had been putting off for some time. As the parties agreed to say good bye, I saw the time expired on my phone was 57 minutes....I chucked to myself as I was testing the sink trap that I had just replaced....I chimed back in long enough to say good by...great conference call!!!
I think I was the only one who actually did not waste the last hour........
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