Every day I get calls from intermediaries looking to buy or sell and they each have the same problems. Buyers want to talk to sellers direct without an intermediary. This has been and continues to be the greatest problem. Intermediaries that are one step away from either the buyer or the seller have a chance of success.
Often I get calls from an intermediary that has a good sounding package but they have a chain of three to ten other intermediaries that are part of the package. These types of arrangements are “Doomed” to fail.
You must position your company to connect buyers directly to sellers or work with a firm like Remcor. Now this presents many challenges and the first is to work with in the field and get paid in an escrow in an escrow state you often have to be a real estate licensee. Not always and you should seek legal advice regarding your states rules. This is further complicated by the fact the often the package is a “Nation wide” package. Remember I am only talking about REO foreclosed properties that have a perfected title.
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