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#348225 - 08/17/10 04:15 PM Re: New HUD Listing Brokers---Any Update? ***** [Re: ky realtor]
superagent Offline
Member

Registered: 04/21/08
Posts: 126
Loc: CA
Anyone in California hear yet? My chances are slim, but still anxiously waiting...

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#348236 - 08/17/10 04:50 PM Re: New HUD Listing Brokers---Any Update? [Re: superagent]
R. Danneskjold Offline
Veteran Member

Registered: 04/10/06
Posts: 1020
Loc: Galt's Gulch
Quote:

I don't mind being beaten out in a fair and open competition, but I do mind being beaten out by individuals with no qualifications but they have the correct genitalia. Probably just me venting at the moment.


I don't know who is handling Texas but here we had this caveat in the application process:

Quote:

encourages small, small disadvantaged, disabled, veteran-owned, minority-owned and woman-owned businesses to register for potential listing assignments.


Those who had no qualifications qualified in two or three categories. They were women, probably small, and they were the small disadvantaged. Goverment doesn't change it's policy to favoring top performers in business just like it doesn't favor top individual performers in our society either. They're just not doling out welfare checks to the poor and disadvantaged individuals, they're doling them out to the poor and disadvantaged businesses. Glorified welfare but welfare nonetheless.


Edited by R. Danneskjold (08/17/10 04:51 PM)

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#348272 - 08/17/10 08:26 PM Re: New HUD Listing Brokers---Any Update? [Re: ky realtor]
Grampa Offline
Major Contributor

Registered: 06/30/09
Posts: 2276
Loc: Margaritaville
Anyone in FL heard anything yet?
_________________________
"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind."
Dr. Seuss

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#348313 - 08/18/10 03:37 AM Re: New HUD Listing Brokers---Any Update? [Re: JaxDiana]
2good4u Offline
Member

Registered: 08/14/10
Posts: 19
Loc: Roseville, California
WoW that is funny I just talked to an agent who has been handling them in the Stanislaus county area which is one of the hardest hit areas. He said he gets $500 per deal and that is it. So he is working with a listing agent who gives him a referral on each property he sells. He said it wasn't worth it otherwise.

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#348455 - 08/19/10 05:27 AM Re: New HUD Listing Brokers---Any Update? [Re: 2good4u]
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
They are paying 3% list, 3% sale
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#348623 - 08/20/10 02:24 AM Re: New HUD Listing Brokers---Any Update? [Re: ky realtor]
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
FYI, just found out today during the training that there will be three AM companies working all areas. So, if you didn't sign up with all three, (which I didn't), you may get 1/3 of the listings if you get accepted. Crazy way of doing business.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#348634 - 08/20/10 03:17 AM Re: New HUD Listing Brokers---Any Update? [Re: ky realtor]
barb43 Offline
Veteran Member

Registered: 08/01/08
Posts: 1148
Loc: SW Okla
Being new to the HUD business, we didn't know we "should" have signed up with all 3!

Will be really interesting to see how this all shakes out.
_________________________
Remodeling houses & helping tenants get ahead in life since 1983. Licensed Realtor since 2005.


LIMITATIONS: Until You Spread Your Wings, You'll Have No Idea How Far You Can Walk. - despair.com

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#348637 - 08/20/10 03:33 AM Re: New HUD Listing Brokers---Any Update? [Re: barb43]
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
Originally Posted By: barb43
Being new to the HUD business, we didn't know we "should" have signed up with all 3!

Will be really interesting to see how this all shakes out.



Oklahoma:
Area 2D (AR, KS, LA, MO, OK, So. TX) FSM Contractors: A2Z Field Services, Asset Management Specialists, and Cityside Management. AM Contractors: HomeTelos, Matt Martin Real Estate, and PEMCO.

you might check to see if the other two are still accepting applications.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#348716 - 08/20/10 09:12 PM Re: New HUD Listing Brokers---Any Update? [Re: RichardDD]
Point South Offline
Junior Member

Registered: 09/24/06
Posts: 1
Loc: South Carolina
PEMCO has already announced the choices in South Carolina. I found out this week.
_________________________
"Why do they call it common sense when it is so uncommon?"

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#348748 - 08/21/10 01:37 AM Re: New HUD Listing Brokers---Any Update? [Re: Point South]
dial1010 Offline
Member

Registered: 01/19/09
Posts: 427
Loc: CA
I'm with Telos already, does that mean i have chances too?

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#348888 - 08/22/10 10:22 AM Re: New HUD Listing Brokers---Any Update? [Re: dial1010]
2good4u Offline
Member

Registered: 08/14/10
Posts: 19
Loc: Roseville, California
look it isn't worth it

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#348960 - 08/22/10 08:33 PM Re: New HUD Listing Brokers---Any Update? [Re: 2good4u]
barb43 Offline
Veteran Member

Registered: 08/01/08
Posts: 1148
Loc: SW Okla
Originally Posted By: 2good4u
look it isn't worth it


Think that if you want, but we're gonna try it out and see. Pemco says they're paying 3% for the listing side and up to 3% for the selling side.

BTW, Matt Martin RE called me on Friday and asked that we put in a packet with them. Yahoo! Yes, we're getting it to them tomorrow morning.
_________________________
Remodeling houses & helping tenants get ahead in life since 1983. Licensed Realtor since 2005.


LIMITATIONS: Until You Spread Your Wings, You'll Have No Idea How Far You Can Walk. - despair.com

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#348982 - 08/22/10 10:50 PM Re: New HUD Listing Brokers---Any Update? [Re: barb43]
BuyersAgent Offline
Veteran Member

Registered: 11/20/07
Posts: 1429
Loc: Land of comps and drive by's.....
Did anyone with a HomeTelos login that applied NOT get a packet?
_________________________
Nothing in the world can take
the place of persistence.
Talent will not. Genius will not.
Education will not.
Persistence and determination
alone are omnipotent.

Calvin Coolidge

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#349119 - 08/24/10 12:20 AM Re: New HUD Listing Brokers---Any Update? [Re: RichardDD]
BrokerMo Offline
Member

Registered: 12/08/08
Posts: 20
Loc: Missouri
We got an email today from Matt Martin Real Estate Managment stating "Congratulations! Your LLB application has been approved by MMREM!"
What does this mean? Are we now a HUD listing broker???

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#349123 - 08/24/10 01:25 AM Re: New HUD Listing Brokers---Any Update? [Re: BrokerMo]
northtxbroker Offline
Major Contributor

Registered: 05/18/07
Posts: 1864
Loc: Texas
Please tell me that you are joking. Please.

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