Lease with Option to Purchase Program, Rent To Own
Realtors, YourHouseNow.net presents you with a unique opportunity to make
a sale on one of your listings or earn a referral commission now by referring
your customer that can not qualify for a mortgage at this time.
This is a way to generate additional phone calls off of your current
listings and convert the non-qualified customers into cash now!!
Real Estate Commissions:
Agents who sell one of their listings through the lease purchase
plan will receive the normal listing side commission now. This will
apply in the case of the agent producing the tenant-customer or
yourhousenow.net producing the tenant-customer.
Agents who produce a tenant-customer from whatever source and the
customer does not choose a listing of the agent’s or does not
qualify from an income standpoint for a listing of the agent’s,
may be referred to yourhousenow for placement in another house
and the referring agent receives a 25% referral commission now
from the buyer’s agent.
The qualifying standard is based on gross annual income and is underwritten
just like a mortgage. Agents may use the factor of 2.68.
This being Combined Gross Annual Income times 2.68.
Example:
Your customer’s combined gross income is $6,500.00 per month, times 12.
$78,000
X 2.68
Maximum House Price $209,040
You no longer have to let a prospect leave you. If they do not
qualify for a mortgage, they can qualify for a Lease with Option to Purchase with yourhousenow.net
Agents Get Paid Now
Contact Keith NeSmith
706-490-1181
wknesmith@alltel.net
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