What is a Broker?
In commerce, a broker is a party that mediates between a buyer and a seller. A brokerage is a firm that acts as a broker.
Some of the biggest companies in business are brokers.
The best-known brokerage businesses are real estate, mortgage, insurance, and stocks & bonds. However, brokerage businesses sell a huge variety of products, such as: hotel rooms (hotels.com) books (amazon.com), art (art.com), employment (monster.com), businesses (BizBuySell.com), trucks, boats, used and new construction equipment, health club memberships, oil, cotton, gasoline, pig bellies, seminars, franchises, home loans, money, receivables, advertising space – the list is endless.
E-Bay is, hands down, one of the most successful brokerage businesses of all time. In a few short years, E-Bay has turned out to be one of the largest brokers in the world. E-Bay does not own what it sells. It only provides a marketing platform for selling other people’s goods and services. The principle is simple; if a product or service exists, it can be brokered.
A Multi-Billion Dollar Business
The small commercial mortgage loan market is a multi-billion dollar market that does not require licensing in most states.
Anyone with a little knowledge and determination will have the opportunity to make a six-figure income with a tiny capital investment. The typical small commercial mortgage is approximately $900,000. The average transaction generates about two percent (2%) of the loan amount in fees when the loan closes. Accordingly, a $900,000 loan produces about $18,000 in fee income. There are 2.3 billion dollars worth of commercial loans issued annually.
The loans brokered could be to refinance existing owned property or to purchase new property. Billions of dollars of small commercial mortgages trade every year. The residential mortgage business is saturated with brokers, but the commercial mortgage business is a wide-open industry ready for those individuals who want to expand their business opportunities.
Make More Money Now!
The Art of Commercial Mortgage Brokering teaches you how to find the transactions and how to do the preliminary underwriting so you know from the inception if the deal is financially sound or if it needs to be restructured.
It instructs you step-by-step on how to structure and package the deal so it can be presented to investors. Simply put, there is no other program that has proven as powerful and effective as The Art of Commercial Mortgage Brokering.
It’s based on an extremely compelling and successful system that teaches a simple and easy way to make more money, help their clients, and dramatically increase business. This system has been perfected over many years of experience, by an author who has been doing what he teaches for over 30 years.
The results of testing and thousands of dollars invested in developmental funds have clearly demonstrated that The Art of Commercial Mortgage Brokering program, when implemented in this easy-to-follow, step-by-step approach, will generate a realm of new income producing possibilities. It has worked successfully for others; it will work successfully for you!
Get Everything You Need to Succeed
The Art of Commercial Mortgage Brokering program includes everything you need to succeed. At the core of this unique program is “First Cut Underwriting Guide”, a section of the book that teaches you how to do preliminary underwriting on a commercial transaction to determine if the transaction will work under the terms requested. The system includes:
- Underwriting Guidelines used by most major investors to help you prepare a financing package that sells
- Professionally written loan presentation, script and directions
- Marketing letters
- Marketing flyers
- Marketing postal cards
- Inside tips on making a professional presentation
- Directions for putting together you PR materials
And much, much, more…