Jonathan D Rexford
  • Male
  • Vero Beach, FL
  • United States
  • FL
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Jonathan D Rexford's Discussions

Sale Lease Back ( Bella Homes LLC)

Started this discussion. Last reply by Eric Mieles Dec 8, 2011. 3 Replies

There is a company that is based out of Georgia, that seems to be offering a Sale Lease Back.  It seems they try to get the loan moved off the property.  Not a short sale, but actually expunged.  Not…Continue

Typical fees for 3rd Party Negotiators

Started this discussion. Last reply by Travis Davies Jul 8, 2011. 26 Replies

I was wondering if any of you are using 3rd party negotiators for your listings?  What are your typical fees being paid.  Are you letting go of some percentage of your apples? Or is a buyer paying…Continue

BOA (Equator) Name Change

Started this discussion. Last reply by Jonathan D Rexford Jun 23, 2011. 8 Replies

Hello, I have a short sale listing with lender BOA. This is my 1st one with Equator as I have been avoiding them. But the system is simple to use once I got into it. The buyers agent had informed me…Continue

 

Jonathan D Rexford's Page

Latest Activity

Eric Mieles replied to Jonathan D Rexford's discussion Sale Lease Back ( Bella Homes LLC)
"To add to The wise Smitty it's also a marketing tool. Think about it, they make this claim, say in the small print "must qualify" and if it's not in the batch of notes they have or can get access to they say…"
Dec 8, 2011
Smitty replied to Jonathan D Rexford's discussion Sale Lease Back ( Bella Homes LLC)
"the only way they could do it is if they purchase the note.  It could be a group of investors that buy the note like youwalkaway.com.  That's the only way they could do a lease back and deal with getting rid of the bad note off the…"
Dec 7, 2011
Thom Colby CA Brkr 888-391-5245 replied to Jonathan D Rexford's discussion Sale Lease Back ( Bella Homes LLC)
"As the old saying goes.... "...if it sounds too good to be true, it is.....""
Dec 6, 2011
Jonathan D Rexford posted a discussion

Sale Lease Back ( Bella Homes LLC)

There is a company that is based out of Georgia, that seems to be offering a Sale Lease Back.  It seems they try to get the loan moved off the property.  Not a short sale, but actually expunged.  Not sure how they do it or even if they are successful.  I was wondering if you all have heard of this company.  There also seems to be some kind of MLM component. So before you say, that I am promoting, I am not.  There also seems to be a lot of bad press about, this company online scam rooms.  I do…See More
Dec 6, 2011
Travis Davies replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"Here in UT you can find attorneys to do it for as low as $700 per file, but most good third party negotiators (mainly attorneys) charge 1%. You can either offer 2.5% as BAC or pay the fee out of your own pocket. It all depends on the file you have…"
Jul 8, 2011
Smitty replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"I think you hit the nail on the head Jeff.  If you are a control freak there would be no way you could outsource your short sale to a 3rd party.  Our brokerage works with many other Realtors, some with loads of experience who are sick of…"
Jul 7, 2011
Jeff Payne replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"BTW, just to be clear, I am NOT against 3rd party negotiators, I have never needed one or have not seen the need for one in the future, it is just a business decision to use one or not.  If I found the need for one, if I did more short sales, I…"
Jul 7, 2011
Jeff Payne replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"I dont think it has anything to do with that in my area, there is way too much to choose from, too many listings on the market as a short sale so the buyer doesnt have to pay anyone to negotiate for them.  The listing agent took the…"
Jul 7, 2011
Jeff Payne replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"I agree with this for sure. If a listing agent takes on a short sale and knows up front that they are not going to handle it or can not handle it, they should expect to pay for someone to do their job for them.  What is next, I am going to…"
Jul 7, 2011
Beverly Cibulsky replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"  "The List Agent is the key to a successful closing and if they are farming out their work, you'd better be really SURE that that negotiation company can manage and close a short sale. " Well said Kimberley!!!!! and to the…"
Jul 6, 2011
linda uribe replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"Thank you for the feed backs. I offered the sellers agent to assist him with the short sale( I used to work for citi as a Asset manger in the short sale dept) but because of conflicts of interest and I do not have a real estate license, I was not…"
Jul 6, 2011
Kimberley Kelly replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"I am a Short Sale List Agent in Palm Springs, California and am running into just what Linda is saying..alot!  I list, work and close my own Short Sales, but when I present an offer on a Short Sale, I ALWAYS find out if the Agent is working it…"
Jul 6, 2011
Smitty replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"Sellers are the only ones that should be hiring a 3rd party. (although we've been hired by the buyers) Most sellers don't have the excess income which is why charging the buyer works.  It works all around as most selling…"
Jul 6, 2011
Jeff Payne replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"smitty I understand your position but still believe it is the responsibility of the person that hired the 3rd party. Should not be a problem because every third party negotiator that tries to get my business tell me that I will be able to make…"
Jul 6, 2011
Smitty replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
"I disagree.  I don't think sellers or agents should ever have to pay a 3rd party negotiator.  Most sellers are strapped enough, so let's add 1% of the sales price to them. Keep in mind if there is EXTRA money the sellers have, it…"
Jul 6, 2011
Beverly Cibulsky replied to Jonathan D Rexford's discussion Typical fees for 3rd Party Negotiators
" I agree with Jeff! The "selling agent" and/or buyer should not have to absorb a third party fee! I have actually seen addendums from the "Listing Agent's" third party.... that stated 'In the event that this fee…"
Jul 6, 2011

Profile Information

First Name
Jonathan
Last Name
Rexford
State
FL
City
Vero Beach
My Profile
Love to fish and work short sales. I will finish profile later.

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At 6:18am on May 23, 2013, Wendy Smith said…

I realize this is short notice, but do you do BPOs or in depth CMA?  thanks.

 
 
 

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