Tip of the Month and Product Highlight 

April 2008

 

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*Tip of the Month: 

        Did you know....

 

      On average a note broker's commission can be from 3% to 10% of the face value of the note, sometimes less and sometimes more.  There is no standard fee or rule or thumb, you can negotiate what looks and feels good to you in each situation. 

 

*Product Highlight of the Month:

 

       Negotiation starts from the moment you first connect with a note holder. In conjunction with the above tip this month the product highlight is for my "Scripts and Tips - A Handbook for the Serious Note Broker".  Every month I am asked about what to say to note holders when they contact you on that first phone call, when giving the price and how to negotiate.  In addition it lists for you more specific questions for certain situations and property types including condo's, commercial properties and land. It also spells out a few of what I call "magic" questions to help you determine that all important motivation or need that the note holder must have if you are ever going to get them to accept an offer on your note.

    I usually sell this book for $34.99 but for this email I will send you a hard copy of this book for $24.99. Get it today and again I'll pay the shipping!

 

 

*Quote of the Month:

 

        "An optimist sees an opportunity in every calamity; a pessimist sees a calamity in every opportunity."

                                                     - Anonymous

 


Jeff's Speaking and Instructing Schedule

         Location                Date                          Event  (click for info & registration)       

Contact Jeff to speak to your group today!


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Jeff Armstrong is President of Armstrong Capital. He is a member of the Million-Dollar Club, a Master Broker, visiting instructor for the American Cash Flow Institute, instructor for Nouveau Riche and the author of several best selling industry books. He can be reached by calling 800-845-3055, faxing 818-865-2323, e-mail jeff@armstrongcapital.com, or visit www.armstrongcapital.com and click on "Note Brokers" for answers, articles and information about his Master Broker services and how Armstrong Capital can help you succeed.