Anyone who has worked in Loss Management, Collections,
Recoveries, whatever the department name, knows how WONDERFUL
it would be to cure a delinquent account with just one phone
call!
I can remember calling delinquent accounts day after day,
calling all the references, doing the skip tracing, mailing
the notices, leaving the voicemails and on and on it goes.
Same story, a different account over and over and on and on
it goes. Some people you feel sorry for, others, by the time
you catch up with them you just want to scream, "Why don't
you return a phone call!" Oh, and how about the ones you do
reach? Make arrangements, defer payments, and waive interest
and fees only to find yourself calling them again thirty days
later to go through the whole farce again. It's a tough job
on many fronts and seldom do you ever feel like the good guy.
After all who really wants to foreclose on somebody? However,
we all understand that sometimes circumstances are such that
there appears to be no other option.
Until NOW, because just as the statement at the top says,
one quick call and a referral to http://www.real-estate-investors-resource.com
and your collection worries could be over by month end.
Just imagine, you finally got the customer on the phone,
he's 3 months behind, no job, no prospects, and in bad health.
He can't pay, you know it and he knows it. What do you do?
You say, "Mr. Slowpayer, I have an idea that may help you
out. I can refer you to a site on the Internet that has access
to real estate investors and private moneylenders. They can
help you out with your situation, save your credit and help
you and I resolve this situation." There are many individuals
in the private sector that are willing, and have the means
available, to help a customer in a situation like this. Now,
with alternative avenues to pursue, not only will your customer's
problem be solved, but so will yours. It's a WIN-WIN situation
all the way around. Best of all you get your job done AND
help the customer. Referring your customer is an additional
service you previously couldn't offer and best of all; it's
no additional expense to your company.
REO Departments, wouldn't it be great to finally get rid
of those properties that just seem to be hanging on forever
or even the properties you just obtained? Once you have obtained
the properties, before listing them with an Agent/Broker,
send your customer on line to utilize the free search engine
at http://www.real-estate-investors-resource.com
and put the word out before you obligate to commissions and
incur holding costs, pay for repairs, winterize homes in the
colder climates and so on. You could move a house much faster
with the little flexibility you would gain without all of
the added expenses of trying to sell that house the traditional
way.
These are just a few ideas offered to hopefully broaden
the thinking outside the box of how traditionally these departments
have operated. Up until now, there has been no place for public
lending and private business professionals to come together
to help customers escape the trauma of the unfortunate circumstances
that lead to losing their home. With everyone working together
this usually trying situation can be expedited, less costly
and a softened transition for the customer.
*Darrin Lons is author of the must-read course "The Real
Estate Investor Start-up Kit" available exclusively to Neodemesnians.
See http://www.real-estate-investors-resource.com
for details and free registration.
