EQUATOR.com Webinar is BACK: FULL STEAM AHEAD
15. Mar, 2010 
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The percentage of short sale transactions this year over last has risen several hundred percent. I don’t care what market you are in, or what role in a real estate transaction you manage, you will be involved in a short sale this year. Not only that, but you will encounter a short sale that is being processed through the Equator.com system. With now over “55,000 short sales initiated through Equator per month”, according to Chris Saitta the CEO of Equator, and with Bank of America as their primary servicer, Equator processed short sales are everywhere.
Last week we had a planned to bring you a training webinar chock full of tips to optimize the Equator.com system. You can get the Bank of America, GMAC, and Equator recorded tutorials, reference guides, and power point presentations all over the web. But what you cannot find anywhere is a REAL “in the trenches” look at fast-tracking the system with the servicers. Our commitment to you will always be tools and information that makes the short sale process a success.
We are approached by agents, brokers, loss mitigation processors, and buyers everyday who are frustrated by the system. Particularly, the agents are frustrated on how to communicate and deal effectively with the lenders, particularly Bank of America, through the Equator system. We have been able to solve their frustrations every time by simply using direct experience.
Our team of experts have completed well over 1000 short sales as a combined group. Plus, our national network of loss mitigation professionals are processing thousands more. If you want a real “ears on the ground” informational training, I challenge you to find better.
We stirred a huge pot when we started announcing the webinar. Thousands of our readers were excited to attend. We received handfuls of emails from all across the country. Agents were excited to finally get raw, true-grit information to help them streamline Bank of American and GMAC short sales through Equator.com .
The interest frenzy we caused caught the attention of Equator’s legal counsel and even Chris Saitta himself. They made a few small requests that we immediately complied with. With a green light, we are now bringing the webinar BACK at ya!
The fact is, Agents are shying away from Bank of America short sales simply due to apprehension and an unwillingness to learn the system. Our webinar training will take these agents beyond the recorded screen shot tutorials and give them the True-To-Life tips to get to the closing table.
According to Chris Saitta, short sales processed through Equator are now considerably faster than the old average time-lines. I will agree. The process of uploading documents and assuring their arrival has certainly improved things. However, with the short sale game all the old rules still apply and agents need to be given the tools to analyze each individual short sale to set the proper expectations from the start.
The national closing percentage for short sales is still miserably low and over two-thirds fall apart in the process. But, our training team has been beating the national percentages for years. It is through experience and the correct training that you make short sales successful. A web-based system cannot supply experience. What you need is a cool web-based tool PLUS experience. Our webinar will be just that!
Get the tips you NEED to make Equator.com work for you and NOT against you. We will help you get through the Equator system in record time while cutting through most of the hog-wash that Bank of America and other servicers will throw at you.
We are now hosting the call on May 26, 2010 @ 8 PM. Click here to register -à
Just some of what we will cover:
•What you need to know to initiate a short sale and not end up in a “holding” pattern
• How to upload a short sale package and get accepted by the system….NO rejects here
• The number one reason the short sale “STALLS”, direct from a negotiator
• Which documents the system considers useless and would be waste of your time
• Why timelines are CRUCIAL
• The unforeseeable reasons a file may be declined and how to avoid them
• How to always get management to review a counteroffer…and avoid the “GAME”
• How to keep your package from hitting the round waste file by setting the right closing date
• …….MORE and MORE and MORE……
You will not want to miss this webinar. See how we STOP the madness and beat everyone at the game!
CLICK HERE TO REGISTER!
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