Sometimes folks will contact numerous note brokers, such as myself and then go out on the internet and submit their own note to numerous websites.
Pros: You might get lucky and get a higher offer.
Cons:
- The buyers may see your note numerous times through all the different brokers and decide not to make an offer because of this. They do not want to play games; they want to purchase good notes.
- You may lose the buyer, who is probably the most important “customer”. Yes I said customer. You are “marketing” your note to a note buyer. If you want to obtain a sale, you must remember they are the ones with the money.
- Some buyers want a professional “package” in front of them. This includes a lot of detail about the note, which is important to the value assessed to a note. Lack of detail could provide you with a lower offer. Letting a professional note broker handle this is your best bet.
- If you do obtain your own offer, you may be tripping on your broker. If the deal falls apart, you have now damaged the relationship with your broker, such as me, and also with the buyer. This transaction is all about getting the most for your note and letting the professionals do their job.
Yes, I want to be your broker, but if you don’t think I am your best choice, go find someone who is your best choice for helping you sell your mortgage.
Call me today for the professional service you deserve. 706-896-8044