How to Make Money Negotiating Short Sales You’ve likely already heard that there is a foreclosure crisis in the U.S. housing market. What that means is that literally millions of houses will be facing foreclosure each year for several years to come. As it stands now, over 4 million properties have already been taken back by lenders in the past 3 to 4 years. According to RealtyTrac.com, in the 1st half of 2008 alone over 1.3 million households were struggling to make their mortgage payments and had a lender initiate the default process on them. At the current rate, which is increasing each quarter, approximately 3 million families may have lost their homes by the end of 2008. What that translates into for you is there are already millions of families, and millions more on the horizon, who could benefit greatly from the help of a knowledgeable professional who could negotiate a short sale on their behalf. That means there is a growing market of people who need help from the very few Realtors and consultants who understand how short sales can prevent foreclosures. You can become one of the very small group of professionals who truly knows how to successfully structure a short sale and make tens of thousands of dollars on each deal you close! The best part about working as a short sale consultant is that successful short sales are win-win-win-win situations. That’s right, there are four winners each time a consultant or Realtor completes a short sale for a needy seller. The first winner is you because you get to feel great knowing that a family was saved from foreclosure due in part to your efforts. The second winner is the Seller because they avoided foreclosure, and perhaps bankruptcy, while likely managing to salvage their personal credit in the process. The Lenders are the third winners as they only accept short sales when they believe the deal nets them more proceeds then a foreclosure otherwise would. Finally, the forth winner is you again because, if you structured the deal correctly, you probably walked away with $5,000, $10,000 or even $20,000 plus per closing! There are not many things better in life then making good money helping people in need. That’s why becoming a short sale consultant represents one of the most excellent opportunities available today!
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