How to Sell HUD Homes Class On Demand

HUD Homes | Selling HUD Homes | RE/MAX Top Realty

Are you a Real Estate Agent or Broker who wants to sell HUD Homes?  We're a Neighborhood Listing Broker (NLB) for HomeTelos, contractor for HUD in the marketing and disposition of HUD Homes.  Part of our job is to help agents and brokers with learning to sell HUD Homes.  As a result, Katie Ferreri, our HUD specialist, teaches two monthly classes on "How to Sell HUD Homes."  However, for those who can't attend, we've video-recorded a recent class and have broken it down into 4 short segments . . . so that you can get HUD training, on demand!  Enjoy the program . . . and if you have any questions, please feel free to call Katie at 832-200-5656 or email kfsee12@gmail.com.  Thanks!

HUD Training Videos Outline - FREE Classes - Watch them Right Now!

Part  1:

• Intro about us
• How-to register for a NAID number
  • How-to register at HUDHomeStore.com
  • Where to find properties on the website
  • Investor vs. Owner Occupants
    • Good Neighbor Next Door Program (GNND) – brief explanation
    • Option period/inspections

Part 2:

• Inspections (continued)
  • How-to cancel your contract due to the inspection report
  • Submitting Bids
    • What’s needed in your bid
    • Where to go to submit the bid
    • Response from HUD
    • Counter-offers
      • Formula for calculating the actual amount
      • Commission

Part 3:

• Commission (continued)
• Seller contribution/title policy
  • 3% is the max amount
  • Back-up Offers
  • HomeTelos, PEMCO, Matt Martin – differences
  • HomeTelosFirst.com’s fillable contract
    • Ins and outs about the fillable contract
    • Overnight mail – make sure it’s guaranteed overnight!
      • NO faxes
      • BLUE INK ONLY
      • Broker’s signature is required on the contract
        • Make sure your company has a limited power of attorney in place in case your broker is unavailable
        • What’s in the contract package
          • Earnest money policy (HomeTelos’ only)
          • The differences between ‘I’, ‘IE’, and ‘UI’ properties
            • Property condition summary
            • Financing options available for your clients
            • Repair escrows
            • Help Resources

Part 4:

• Showing HUD Homes
• Lockbox policy
• HUD keys
  • Upcoming changes
  • Keys going missing
  • Pearland Sam Team’s Routine Inspections
    • When we go out to check on these properties
    • Contact us if there is an issue
    • Vandalism reports
    • Questions from the audience
    • Closing timelines

Rather attend a FREE Webinar?  Register here: