Foreclosure Brokers LLC 

Leave No Stone Unturned

Broker Referral Programs

 3 ways you can work with Foreclosure Brokers LLC:

 

 

1. Become a Preferred Broker and we'll handle your short sale negotiations

 

We have an entire company build so you can do what you do best - buying, selling and attending more closings.  No more short sale headaches!

 

Give us a call or send an email to PreferredBrokers@Foreclosure-Brokers.com

 

 

 

2. Refer your short sale listings to us for a 30% referral fee at closing

 

Straight Forward.  30% of the listing commission when we purchase the property.  Give Foreclosure Brokers LLC a call to start the referral process - 303-399-7484.

 

 

 

3. Provide a lead and receive a referral fee through our Qualified Lead Program

 

We  have a program for those who are looking to get some money at the time of referral. 

 

We Want to Buy Short Sales!

 

 

Here is the quick breakdown:

 

We have a scoring system for how valuable the lead is to us.  The better the lead, the more  we can pay.  Keep in mind, these are paid at the time the seller sells their house to us, not at a closing months later when we resell the property

- therefore, you are paid whether or not we are successful.

 

 

Our Variables:

  • Location

  • Current Financing (including names of lenders, # of liens, rates and terms)

  • Seller's Motivation to sell

  • Price Range (between $150k and $380 is preferable)

  • Property (features, work to be done, amenities, etc.)

  • Timeframe (How soon the foreclosure sale is and how far behind they are)

 

Your Referral Fee:

 

All six (6) of the variables are rated on a scale from 1 to 10.   

 

They are totaled and your referral amount is based on your score:

 

$400 = A score of 50 or better

 

$300 = A score of 40 - 49

 

$200 = A score of 30 - 39

 

$100 = A score of 29 or less

 

 

The Process:

 

Step 1: Give us a call to see it if it something we are interested in.  Be prepared to tell us a little about each of the variables and give us an overview of the situation, seller motivation, etc.

 

Step 2: Call your sellers and tell them about us and our services and pave the way for our phone conversation with them 

 

Step 3: We talk with the sellers, review all their options to determine if a short sale is really best for them, explain what we do and how we do it.  We obtain information from them as part of our assessment and set up a time to meet them / you

 

Step 4: We complete our due diligence on the property, reviewing the variables and determine the score of your lead

 

Step 5: We meet with the homeowners, sign all paperwork and open the file

 

Step 6: We cut you a check for your qualified lead

 

 

 

Benefits for Your Seller:

  • Removes uncertainty whether a buyer will come along

  • They can start fresh

  • Professional Loss Mitigation Company handling their bank negotiations

  • Top-notch Colorado foreclosure education, so they learn their rights, options and best choices

  • Minimize the impact on their credit record

  • Never any upfront fees

  • Problem Solved!


 

 


 

Call us to learn more or refer a lead to us - 303-399-7484