Employment with Diversified Real Solutions
the Doctors of Real Estate Investing
Acquisitions Manager (Partnership)
Watch a short preview video with our senior partners, Jeff & Todd
We do some of our deals with Jeff who we trained with using his system.
In this video Jeff & Todd talk to a Realtor about bringing us deals.
SHORT SALE ACQUISITIONS MANAGER
An active Real Estate Investment Firm is seeking an Acquisitions Manager to partner with us and to build relationships with Realtors, Mortgage Brokers, Bankruptcy Attorneys and other Investors to obtain short sale leads.
Business is exploding, and we are looking for someone for lead generation. We are a real estate investment company and buyer of distressed property nationwide. We are looking for someone who we can build a team around. Great pay with limitless earnings potential. We are looking for someone who is hungry....ability to mutli-task is a must.
Ideal to have prior short sale experience with prior training and/or current deal flow.
Be available to start immediately
Will check background, so if any criminal record’s, DO NOT APPLY
Managing and facilitating the resolution of distressed property via selling debtor/realtor on benefits of working with us
Correspond effectively and able to give online and offline presentations
Package client documents in preparation for submission
Keep transaction moving forward using state of the art proprietary online software keeping all parties informed and involved during the transaction process
Maintain and keep up with time frames and deadlines
Professional demeanor, energetic, positive attitude, and friendly personality
Able to prioritize, juggle multiple tasks, be flexible, and willingness to pitch-in as a team member
Exceptional organizational skills, attention to detail and excellent follow through
Strong mathematical and analytical skills a must
Ability to work independently as well as in team environment
Ability to manager others for lead generation
Demonstrated working knowledge of Microsoft Office: Word, Excel, Outlook
College degree (no specific major) is preferred but not required. Real Estate and/or Mortgage background is preferred
No Loss Mitigation duties required, we have our own department for that
You will be expected to work smart, efficiently and diligently. You will report to the Short Sale Department Supervisor. This position does have a probationary period of 60 days. If you have other commitments that will prevent you from devoting 100% to this job then do not apply.
Duties Include:
Meet with Realtors, Mortgage Brokers, Bankruptcy Attorneys and other investors.
Contract with sellers to buy and give them a list of the paperwork the bank will need.
Meet the Bank’s BPO agent at the property to determine proper valuation.
Follow up with the Listing Realtor regarding pricing.
We take all the risk by putting up all earnest money and close with our funds, you bring the deal to the table.
Extensive hands-on training for free (other companies actually charge you over $2,000 to get this information).
To be considered for this partnership, please submit your resume and cover letter with “Short Sale Acquisitions Manager” in the subject line (it will get lost in the junk mail file if not in the subject line) to this address:
When we review your resume and cover letter and and if we decide that you are a candidate, we will notify you for a preliminary phone interview.
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COMPENSATION: Partnership Profits, Joint Venture Agreement required this is not a salaried or employee position, you'll be required to complete a W-9 to receive profits and receive a 1099 for taxes.
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Click Here to view an outline Please note that we have a senior partner for working some high end home deals. All submissions will come to our DRS office first.
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Headlines:
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B of A Changes Policy on 'Short Sales'
April 21, 2009
Trying to cut its losses, Bank of America has changed its policy on "short sales," making it easier for borrowers to sell their homes instead of going into foreclosure, according to a report in American Banker. Until a month ago, BoA's mortgage unit (which includes the old Countrywide franchise) had required that 10% of a home's sale price go toward paying off home-equity lines of credit before they would agree to a short sale. But Terry Francisco, a spokesman for the Charlotte-based lender, confirmed that the bank changed its policy last month, agreeing to accept 5% of the sale price when there is no equity available to holders of the first or second liens. The new policy "is based on the assumption that it is in the best interest of all parties involved to accept a short sale, as opposed to proceeding to a foreclosure," Mr. Francisco said. "We believed that the previous policies set an arbitrary amount that did not take into account the savings derived from proceeding with a short sale." The bank expects the change to increase the number of short sales.
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"Overall, home prices, on average, are now back to where they were in 2003."
The news from the housing market may be seen as 'stable' right now...but wait until the second wave of loan resets happens in 2011. If you thought the first wave of subprime defaults was bad - just wait. Millions of consumers will watch their finances go over a cliff...and more bank losses will drag down the entire economy.
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The National Housing Market
The national housing market has seen an enormous surge in delinquencies as 4.5% of all mortgages on the national level are now 60-90 days behind, says Mr. Thornberg. The co-founder of Beacon Economics recently shared his economic forecast at the REOMAC Spring Conference in Palm Desert, Calif., where nearly 2,700 real estate professionals were in attendance.
“And while there has been a brief slowdown in the pace of new foreclosures, this is largely a mirage due to the fact that banks have simply not been keeping up with the load that they need to deal with,” he said.
“They just don’t have the ability to keep up with much more in the way of REO stock. We can expect that while things may have slowed down a slight amount, overall the market is going to continue to see excessive levels of foreclosures literally for years.”
While public opinion appears to be tipping into hysterics, there appears to be some areas of the economy that are starting to balance out. “Take for example, real estate. Yes, foreclosures are still going up. Yes, prices are still falling. But if you look at some of the worst-hit markets in the U.S., including California, Florida, Arizona and Nevada, what you’re seeing is a circumstance where prices have actually gotten back to levels, which we might call realistic — that is to say in-line with historic norms relative to incomes in these various places.”
As a result of affordability increasing, Mr. Thornberg said the market is starting to see the first movement of new buyers into the market.
“Home sales in California are on their way up. In Arizona, home sales are on their way up. Again, there’s not going to be any fast recovery. Prices are going to continue to fall for some time, but with people starting to move into the market, we know liquidity leads overall stability and pricing. Liquidity leads construction. That lead-time can be one year, two years, two-and-a-half years, but nonetheless with people starting to move back into the market, this is a good sign for rebalancing.”
