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Re: Who "wants 2% commission on the purchase?"

Posted by Kristine-CA on June 01, 2009 at 12:11 AM

In Reply to: Re: Who posted by AquariusDawnCA on June 01, 2009 at 8:28 AM

This isn't high school. There is no kiss and tell in real estate. Anyone who is running a legit business can be named and queries can be made. It's not inappropriate nor is it slander to ask others about their experience with RE educators. Please name the operation so you can get feedback on the business model and the parties involved.

: Well, I do not want to KISS n TELL, although we have not
: even met yet, so I won't name drop, I found the operation with
: a foreclosure web search. For $750 you get a 2 day intensive,
: one Saturday in class, learning RETRAN (which I have never used
: and have not subscribed to, if anyone has... feedback greatly
: appreciated)and then the following Monday, 8am - 2pm in the
: field, at auction etc., then if you want the guarantee that the
: training works, you must spend 20 consecutive business days, 8am-2pm
: and buy a property, he guarantees a $40,000 gross profit on
: that purchase. He then takes 2% commission of the purchase price
: of that property for the 20day hands-on training. Which if
: you have a $40,000 gross profit, what's a few thousand, right?!
: Share the wealth.

:
: : That sounds pretty outrageous to me.



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