Short Sale Agent Referral Program Presentation

“The most comprehensive short sale management solution on earth”

Bringing your agents Solutions fortheir Short Sale Challenges

1st Choice Loss Mitigation

Office: 336-880-3028 Fax: 888-563-1955

www.Help.ManageMyShortSale.com

Brokers, Managers, Team LeadersBrokers, Managers, Team Leaders

Our Market has Changed Our Market has Changed

1 in 4 listed homes are a Short Sale1 in 4 listed homes are a Short Sale

1 in 5 people 1 in 5 people NEED TO LISTNEED TO LIST as a Short Saleas a Short Sale

Foreclosure Rates are hitting Historic Highs Foreclosure Rates are hitting Historic Highs

The Credit Crisis is affecting our BuyersThe Credit Crisis is affecting our Buyers

Agents everywhere are leaving the businessAgents everywhere are leaving the business

Wall Street JournalWall Street Journal

““Soon 20% of all realSoon 20% of all realestate closings willestate closings will

involve short sales.involve short sales.””


The The UGLY UGLY TRUTH about short salesTRUTH about short sales

Nationally: 2 of 10 close Nationally: 2 of 10 close

TimeTime--ConsumingConsuming

FrustratingFrustrating

Require Additional Tools & ResourcesRequire Additional Tools & Resources

Too many negotiation pitfallsToo many negotiation pitfalls

Lenders STEAL CommissionLenders STEAL Commission


We have SOLUTIONS for those challenges. We have SOLUTIONS for those challenges.

Those solutions will mean:Those solutions will mean:

MORE CommissionMORE CommissionMORE ListingsMORE ListingsMORE Short Sales closedMORE Short Sales closed

The resources to simplify and adapt to the marketThe resources to simplify and adapt to the market

NAR supports ShortNAR supports Short--SalesSales

November 9, 2008November 9, 2008

““Homeowners who are struggling to make their mortgage Homeowners who are struggling to make their mortgage payments must have more options available to them to payments must have more options available to them to avoid foreclosure. Short sales can benefit not only the avoid foreclosure. Short sales can benefit not only the

homeowner in question, but also buyers, lenders and the homeowner in question, but also buyers, lenders and the surrounding community. With their established lender surrounding community. With their established lender relationships and insights into complicated real estate relationships and insights into complicated real estate

transactions, Realtorstransactions, Realtors®® can add real value for both sellers can add real value for both sellers and buyers interested in shortand buyers interested in short--sales.sales.””

-- National Association of RealtorsNational Association of Realtors®® President Richard GaylordPresident Richard Gaylord

NAR supports ShortNAR supports Short--SalesSales

November 9, 2008November 9, 2008

““Short Sales give many families in financial difficulties the Short Sales give many families in financial difficulties the possibility of salvaging their credit and avoiding the possibility of salvaging their credit and avoiding the

embarrassment of a foreclosureembarrassment of a foreclosure. Realtors. Realtors®® across the across the country stand ready to help, and NAR will work hard to country stand ready to help, and NAR will work hard to

ensure that short sales are a viable alternative to ensure that short sales are a viable alternative to foreclosures whenever possible.foreclosures whenever possible.””

-- National Association of RealtorsNational Association of Realtors®® President Richard GaylordPresident Richard Gaylord

Opportunity for ListingsOpportunity for Listings

Homeowners are in distress.Homeowners are in distress.

Who do they look to first?Who do they look to first?

A REALTORA REALTOR®®

Take Control of Your MarketTake Control of Your Market

The The Time Is NOWTime Is NOW to make short sales to make short sales

profitable for your team.profitable for your team.

By working together, you will offer yourBy working together, you will offer your

clients service the competition cannot match clients service the competition cannot match

We want this new Listing Market to beWe want this new Listing Market to be

YOURS for the taking. YOURS for the taking.

SimplifyingSimplifying the Short Sale Processthe Short Sale Process

What we will What we will DO FOR YOUR AGENTSDO FOR YOUR AGENTS?? Provide Lender Specific RequirementsProvide Lender Specific Requirements

Create ShortCreate Short--Sale Packages for youSale Packages for you

Handle Handle ALLALL Lien Holder NEGOTIATIONSLien Holder NEGOTIATIONS

Assist with Buyer Expectations Assist with Buyer Expectations –– Unique to each dealUnique to each deal

HUDHUD--1 Settlement statements1 Settlement statements

Referrals, Selling Strategies, investor networkReferrals, Selling Strategies, investor network

……....SAVE TIME AND FRUSTRATIONSAVE TIME AND FRUSTRATIONHave MORE ClosingsHave MORE Closings

We Will Support Your AgentsWe Will Support Your Agents

We are dedicated to finding ways to help We are dedicated to finding ways to help agents with the short sale processagents with the short sale process..

Why?Why? Because the extra work that comes Because the extra work that comes with short sales keeps them from with short sales keeps them from

doing what they do best.doing what they do best.

LIST and SELL PropertyLIST and SELL Property

What do we do BEST?What do we do BEST?

We Negotiate DebtWe Negotiate DebtLocal Team Local Team

Experts in our MarketExperts in our Market

Hundreds of ShortHundreds of Short--Sales AcceptedSales Accepted

Of files accepted, a Of files accepted, a 90% completion rate90% completion rate

Investor & Retail Selling StrategiesInvestor & Retail Selling Strategies

How Do We Get PaidHow Do We Get Paid

By the Bank at closingBy the Bank at closing

By Buyer or Seller if fitting the transactionBy Buyer or Seller if fitting the transaction

By ReferralsBy Referrals

Any referral fees are negotiated at the start of file submissionAny referral fees are negotiated at the start of file submission..

No GuaranteesNo Guarantees

As with any real estate transaction, As with any real estate transaction,

there are No Guarantees.there are No Guarantees.

•• Stopping ForeclosureStopping Foreclosure

•• Lien Holder CooperationLien Holder Cooperation

•• Seller & Buyer CooperationSeller & Buyer Cooperation

OUR PROMISE TO YOU OUR PROMISE TO YOU

We only get paid if we do our job!We only get paid if we do our job!

We will give each file our upmost attention.We will give each file our upmost attention.

We only operate by full disclosure.We only operate by full disclosure.

We operate by only the most ethical, moral We operate by only the most ethical, moral and legal standards.and legal standards.

We will treat your clients with integrity.We will treat your clients with integrity.

ManageMyShortSaleManageMyShortSale

““The most comprehensiveThe most comprehensive

and timeand time--saving solutionsaving solution

for shortfor short--sale management.sale management.””


24/7 On24/7 On--Line Access to Properties/FilesLine Access to Properties/Files

Protected OnProtected On--Line AccountsLine Accounts

RealReal--Time Updates sent to your Time Updates sent to your emailemailand all other parties principal to the and all other parties principal to the transaction.transaction.

www.Help.ManageMyShortSale.comwww.Help.ManageMyShortSale.com


You will know what we are doing in the You will know what we are doing in the office without even having to calloffice without even having to call

Better yet, your clients will too!Better yet, your clients will too!

Additional SUPPORTAdditional SUPPORT

Lead Generation is the KEY for every agentLead Generation is the KEY for every agent

•• Listing Presentation ToolsListing Presentation Tools

•• Farming Techniques and TipsFarming Techniques and Tips

•• PlugPlug--nn--Play marketing MaterialsPlay marketing Materials

•• The Competitive Edge gained from The Competitive Edge gained from working with a working with a ““Team of ExpertsTeam of Experts””

Our Short Sale CommunityOur Short Sale Community

•• PluggedPlugged--In to the latest industry changesIn to the latest industry changes

•• A NationA Nation--Wide NetworkWide Network

•• CuttingCutting--Edge transaction managementEdge transaction management

•• RealReal--Time Lender updatesTime Lender updates

•• Always Ahead of Short Sale trends Always Ahead of Short Sale trends

•• Industry Leader GuidanceIndustry Leader Guidance

LETLET’’S GET STARTED S GET STARTED

The TIME IS NOW to find solutions that will The TIME IS NOW to find solutions that will

EARN you and your agents MORE.EARN you and your agents MORE.

Call our office today and letCall our office today and let’’s talk.s talk.

Office: 336Office: 336--880880--30283028

All questions are welcomed!All questions are welcomed!

“The most comprehensive short sale management solution on earth”

Bringing your agents Solutions fortheir Short Sale Challenges

1st Choice Loss Mitigation

Office: 336-880-3028 Fax: 888-563-1955

www.Help.ManageMyShortSale.com

Documents

Short Sale Agent Referral Program Presentation