Signed up with National Quick Sale today. They are a third party negotiation company 'hired by' but not 'paid by', lenders. Everhome Mortgage is the lender who put them on me as I currently have a file into them for approval. NQS charges the Agent a $99 annual membership fee, 1% of the deal on the HUD (paid by the Agents) and then a $250 processing fee on top of that. I asked if NQS sends out a bag of ice and Advil with this 'amazing' offer, just to help with the swelling! I did not even get a giggle from that one. Fact, I bet she did not even smile.
So I asked, what if I do not allow myself to be blackmailed into this incredible opportunity to be part of the coveted membership. Answer: the bank will foreclose on my sellers and it will be all my fault. Wow. This is what Short Sales are coming to I guess.
Being a sucker and upholding my fiduciary responsibility to my sellers, I whipped out my trusty Realtor credit Card and signed right up. In essence, I am now paying for the opportunity to work with Short Sales. Did not see this one coming, I have to admit. I just hope I get a button or lapel pin. Maybe a secret handshake so when the BPO comes in at some ridiculous value, it will just miraculously get adjusted to reality! Cherish the thought........
So, my plea is for everyone holding a Everhome Mortgage and is in need of Short Sale, contact me at www.shortsalesenter.com or Facebook me cause I would like to close as many of these with NQS just to recoup some expenses! Kinda like a buffet where you get two scoops of ice cream because it all costs the same!!
All kidding aside, we have a 95%+ closing rate on our Short Sale Files so we really do take this all very seriously. You just have to keep you sense of humor about the whole thing or you will lose your mind! ~Steven