Sources that Buy Commissions? - Posted by Richard Bowen

import · May 11, 2006, 5:10pm

Posted by Richard Bowen on May 14, 2006 at 13:33:53:

Thanks, Barry. It’s a commercial mortgage brokering commission for about $27,000. I’m familiar with 4 or 5 companies that buy real estate commissions for a discount, but only one or two of them will be buying mortgage commissions later on this year. None of them currently do. Strange. Richard

import · May 11, 2006, 5:10pm

Posted by Richard Bowen on May 11, 2006 at 17:10:52:

Hi!

I’m getting back in to the note brokering business after a 5-year hiatus. I’m currently working as a mortgage broker. Can anyone help me out with contact information for a source(s) that will buy a commission at discount?

If it isn’t too much trouble, please email me your reply at r_bowen@bellsouth.net

Thanks,
Richard Bowen

import · May 20, 2006, 10:33am

Probably pvt source wanted here - Posted by John Merchant

Posted by John Merchant on May 20, 2006 at 10:33:34:

If I were doing this, I’d build a file showing the high quality of the debt/commission/note and then market it to an aggressive private investor smart enough to see the strengths of the deal.

The first note I bought was a 5th, and all I saw was the high yield, good equity and good credit…I made 25% annual yield on that one and yearned for more just like it.

How many “institutional” note buyers would have bought that one?

import · May 14, 2006, 6:51am

Re: Sources that Buy Commissions? - Posted by barry

Posted by barry on May 14, 2006 at 06:51:31:

what type of commissions?

i know of a source that will advance on real estate agent commissions,
but that’s about it.