Showing posts with label Outsourcing. Show all posts
Showing posts with label Outsourcing. Show all posts

Monday, 15 August 2011

Negotiating a Short Sale With Outsourcing


That professional real estate investors, like Guru Pat Precourt, are able to close so many deals at any given time may seem like some kind of short sale magic, but it's not. There is a little short sale magic going on behind the scenes in negotiating a short sale. Investors like Pat have figured out that it's a lot easier to outsource their short sale negotiations rather than doing it themselves.

Outsourcing short sale negotiations isn't a cheat. It's just a way of taking back your personal time and using it for more important tasks, like finding good leads or actually closing deals. These days you can outsource just about any part of your debt negotiation to short sale services and loss mitigation services. This is the real short sale magic behind these Gurus who are making so much money on so many deals.

Outsourcing companies will do the following for you; spend time tracking down the bank's loss mitigation officer, search out property leads, compile most if not all of a short sale packet, perform due diligence and even negotiating a short sale.

Anyone can Outsource their Short Sale Negotiations

Outsourcing is a true method for skyrocketing profits and business success. Real estate investors who have already completed a few of their own short sales still consider themselves newbies. How much time do you think was spent on this short sale process? Maybe 50 hours can be involved in;

o tracking down the right person at the bank,

o gathering all of the information for the short sale packet,

o calling the bank back to confirm they received the packet and then

o quibbling with them over an acceptable offer!

Using a short sale services company is an easy way to create some of your own short sale magic.

Why not let go of time spent and even gain an increase in profits in return for outsourcing your time consuming tasks?

It's still a time saver even if you are only willing to hire someone to do the talking in negotiating a short sale. For those investors who have trouble making a good impression on the phone this is real a chance to seal more deals.

How to Find the Best Short Sale Negotiators

An excellent source to use in negotiating a short sale with the bank are loss mitigation services. These service offering companies are staffed by the very same loss mitigators that used to work at the banks.

These loss mitigators know how to find the best offer price that suits you and appeals to the bank. Short sales negotiation services companies know more about the process of short sale negotiations than a real estate investor ever could.

In addition to helping real estate investors with negotiating a short sale deal, loss mitigators also work with homeowners to try and save their homes from foreclosure. They also perform a myriad of other services.

You'll have to do a little research to find a company that performs the kind of short sale magic that you are looking for on a short sale deal.

When looking for a good short sale services company to outsource negotiations to here are a few tips to keep in mind:

o Does the company protect the homeowner by seeking out a Waiver of Deficiency or Satisfaction of Mortgage? This document states that the banks won't go after the homeowner for the remainder of the mortgage after the short sale.

o Make sure this company only does short sale negations. You don't want a company that also works buys short sales for themselves. They'll be your competition then!

o Ask what the company charges and what they charge for?

o Do they have a referral service with a network of other professionals in the real estate field? This shows you that they've got proven experience in working with real estate and short sales with other investors.

o Ask about the company's success rate? No short sale services company can guarantee that your short sale will be approved, but the higher the approval rate the better.

o If the short sale services company insists on being in charge of the land trust, if you plan on setting up a land trust, make sure they have a good reason.

Outsourcing debt negotiation is the big secret of a successful real estate investor. Investors rely on a little short sale magic by hiring help in negotiating a short sale and other business problems.




Colin Egbert is an experienced Real Estate Investor with a trick to help investors lighten their workloads. Help yourself by hiring us to start negotiating a short sale [http://realestateinvestorshortsales.com/] for you today. Colin Egbert is also the author of the ebook "Getting Started with Short Sales" providing the tools needed to start your own real estate investing business. Colin is also the CEO of Realestateinvestor.com a website dedicated to helping investors make the most of their business.





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Sunday, 14 August 2011

Sales Outsourcing - The Next Generation in Sales Strategy


Outsourcing has been around for decades. The evolution of the industry actually started as time-sharing on mainframes. Over the past decade IT Outsourcing has become prominent. For the past 5 years, the Business Process Outsourcing (BPO), which includes Sales Outsourcing, has become the most effective method to provide the greatest Return on Investment. By outsourcing the sales function, you do what you do best and that is not running a Sales Department.

Define Sales Outsourcing

It is the transfer or development of sales resources, including overhead expenses, such as recruiting, payroll, insurance, commissions, equipment, training, coaching etc.; along with management responsibilities to an outside organization. The outside organization, the sourcing provider, has the responsibility to manage the sales team to meet client expeditions which include and are not limited to efficiency, revenue and profit growth.

Benefits from Outsourcing Sales

Most outsourcing decisions begin with cost-cutting - but rarely end there. Once the efficiencies of outsourcing are in place, companies find ways to use them for a broad range of improvements to processes and performance.

Reduced Direct Costs - As mentioned above, the economies of scale experienced by outsourced Sales and Marketing providers allow them to offer equivalent services at lower direct costs than in-house approaches. What's more, outsourcing partners are free to use creative cost-cutting approaches unavailable to companies like yours: locating in more favorable employment markets, assembling full-time coverage from part-time or seasonal employees, and so on.

Reduced Indirect Costs - The costs of in-house Sales and Marketing support are often underestimated. Employees need to be recruited, trained, managed and equipped - and turnover for sales professionals is extremely high.

Reduced Opportunity Costs - Focused outsourced programs improve sales coverage. More leads are qualified, geographic regions or channels are covered in greater depth, and more sales can be wrung from secondary sources. In these and other cases, sales are recovered from previously overlooked sources, improving sales performance at low marginal cost.

Fixed Costs Become Variable - In fast-changing markets or companies, outsourced solutions' variable pricing helps during expansion or contraction. Outsourced programs grow to meet opportunities or mergers, or shrink when the market turns down. And if they outlive their usefulness, they are much easier to cancel.

Business process improvements - Quantifying current performance - necessary for any outsourcing program - reveals gaps in measurement, and points the way to simple but powerful remedies. If you don't already measure lead qualifications, partner turnover, or cost of sales by market and channel, putting metrics in place will improve performance. Focus and Expertise - Sales and Marketing outsourced specialists live in the market-knowing their surroundings is a matter of business survival.

Agility - Outsourced specialists design their technologies and processes to scale up quickly, so they can always say "yes" to new business. Their clients benefit from all this reserve capacity In case of acquisition or change of direction, a manufacturer can scale up or redeploy its efforts faster through a partner than it could operating alone. Their flexibility and agility also make outsourcing ideal for experimental and pilot programs.

Service Quality and Customer Satisfaction - Manufacturers are acutely sensitive to customer complaints about service providers, and service providers know it. They stay in business by outperforming comparable in-house programs, and putting measurements in place to prove it Quote.

The data available on service outsourcing - mostly from surveys - reveal a boom. Gartner, Inc. predicts business process outsourcing (which includes Sales and Marketing) will grow from $110 billion in 2002 to $173 billion in 2007 - an annual compounded rate of 9.5 percent

The bottom-line, if Sales are not your core competency, then seriously consider outsourcing so you can focus your time and resources on your core company values and capabilities. Sales outsourcing OPTIONS include Sales Management of your existing sales force OR an ENTIRE sales force dedicated to your company along with years of management experience, proven processes and industry contacts, at a fixed monthly expense, which allows your company to effectively manage the cost of sales.




Sales Surge LLC http://www.salessurge.com a total sales solutions provider whose flagship offering is sales outsourcing, the next generation in sales strategy for business to business sales. Sales Surge solutions also include sales consulting, coaching, recruitment and assessment

Greg Bautz is the founder of Sales Surge whose overall objective is profitable growth for your business. As a visionary, Greg sees sales outsourcing as a standard, as organizations continue to look to outsourcing models that reduce costs and increase profitability. In addition, outsourcing the sales function allows business owners and executives to focus on their core competency and not on sales.





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