Want Some New Escrows?

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Education & Training with NFSTI | Dan Waterman Enterprises

Would you like to know how to pickup new escrows with very little work?

I am starting to use a system called www.OfferRunway.com and there is a setting on each listing that an agent can choose to send the selling agents' contact information to a title officer when a selling agent places an offer.

 

OK, so imagine a selling agent placing an offer on a property working with you and they enter their offer online through the aforementioned site:  www.OfferRunway.com.  Now imagine the contact information of the selling agent coming directly to your email or Black Berry (or in my case, Droid). This is now a hot offer without an escrow open.

 

What would you do with that contact information for that selling agent?

 

We have a title company pushing this system to other agents at no cost when it normally costs the agent $20/mth. Also there is an affiliate program that pays out to a code when agents order this and a residual for as long as they use it.

 

Do you see where I'm going with this yet?

 

Interested?  Pickup hot new escrows and get paid for the agent’s participation.  Why is this just now being thought of??  Lastly, did I mention that this is the EXACT SAME designer of the tool I wrote about yesterday?  It just keeps coming...

 

Here is a play-by-play that I've set up for you along with direct links:

 

STEP 1: Adding a new property and scroll down to settings

 

STEP 2: (optional) setting for additional instructions to Buyer’s agent

 

STEP 3: This is the most important step. Require your listing agents to place your email in the setting below and check the box. This will send the buyer’s agent info the moment they place an offer directly to the email listed. This is best used for loan officers and escrow officers

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Groups:
NFSTI (National Foreclosure Sales Training Institute)
REO
REO REALTORS
The National REO Brokers Association
Tags:
realty pilot
realtor
escrow
bpo
nfsti
foreclosure
valuation
reo
asset manager

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Rainmaker
432,693
Marcy Moyer
Keller Williams Realty Palo Alto Probate & Trust Specialist - Palo Alto, CA
CDPE

I think I am missing something here. What is the value in this? Do not mean to be dense but I do not get it. Maybe the week has just been too long.

May 28, 2010 09:35 PM #1
Rainmaker
19,269
NFSTI REO/BPO Networking & Certification
NFSTI | Dan Waterman Enterprises - Syracuse, NY

Marcy,

 

No, you're not dense.  It took me a couple of run-throughs to put the puzzle together too.  What it comes down to is controlling the information (which has always defined prosperity in capitalism).  If you can produce leads and help the system work better/more efficiently while profiting (affiliate marketing and lead generation, not to mention the monthly savings by having a service like this paid for by a sponsor), then I say, why not?

It would probably sound better coming from the engineers of this platform, so if  you still need clarification after looking through the content and the website, just let me know and I can get in touch with them pretty easily.



Dan

Jun 01, 2010 09:33 PM #2
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Rainmaker
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