New Agents-- Consider Promoting to perspective homeowners a way of paying off their mortgage in 6-12 years. WOW-- they will say that is impossible. Prove it to them...run their numbers with our analysis software and it is backed by a money back gaurantee.

Check out Mortgage Payoff Source , it will give you access to a website that promotes a mortgage accecleration program that is currently helping Americans get out of debt fast.

Imagine giving your clients an option to:

Payoff their mortgage within 6-12 years

They will not have to spend a peeny extra then what they are currently doing

They will gain $10,000-20,000 equity each year and will allow them to upgrade homes more often

This program raises credit scores do to their debt to income ratio changing

You will have people calling you all day long just to find out what you are talking about....imagine the leads!

Realtors have a great opportunity to make extra income while helping others

You should send this to Billy Mays and have him do a 30 second commercial for you!

"Hi this Billy Mays.
New Realtor, Old Realtor, business slow, need more calls, then I have a product for you..........."

There are several versions of "mortgage reduction" schemes out there but they follow these basic principles:

* Sold through a multi-level (o.k. - network marketing) structure

* Promise that they have magic software or a program that will pay your mortgage off fast

* Some have you take out a home equity loan on your house

* Each costs a small fortune: $3500, $3000 and even $9500

* What they really do is have you channel every dime above your base expenses into your mortgage

The primary reason I am so hostile to these "programs" is that their adherents convince folks that there is a short-cut to reducing their mortgage. They promote all kinds of gimmicks: bi-monthly payments, interest leveraging, etc. But, every one comes down to this simple point: The only way you can pay your mortgage off early is by paying more.

These folks will obscure that fact behind all kinds of rhetoric but that is the brutal, honest truth.

People get burned when they take shortcuts. This is but a silly, deceptive shortcut.

Remember a basic, human truth: "Their ain't no such thing as a free lunch."

Does the initial post qualify asadvertising prohibited on this forum?

Maybe it should be left as a lesson.

I am seeing agents getting caught up in these scams right and left. For some reason, they are targeting real estate agents and agencies, hoping to get at our clientèle.