Q&A: Should I work for a new loan modification company?
Query by Dude From Cali: Ought to I operate for a new loan modification company?
I have a temp agency who is attempting to set me up with a temp to hire position in inside sales promoting loan modification goods to property owners whose houses are about to go into foreclosure. I know there are a lot of households correct now going into foreclosure, but must I contemplate this possibility? This is a new enterprise getting began with 7 reps that at some point will eventually expand to 30 reps. I could have the chance to get into management if I do well to commence.
In reference to 1st answer, this is one of the worries I have had about the position.
Finest solution:
Solution by acermill
Realize that this sort of business is going to be brief term. Inside a couple of a long time, there will no longer be a need to have for loan modifications.
What do you consider? Solution below!
Loan Modification and Reduction Mitigation – Not All Companies Are Developed Equal http://t.co/InNYsnYQ – by Shilohofg (Shiloh Whittier)
Comments (1)
This is a “boiler room” job where you cold call 1,000 people who have had a foreclosure notice recorded. You are telling them to pay you for what they could do for free…. getting their lender to lower their payments and/or interest rate.
When the current realty bust ends, there won’t be any more loan modifications. All 30 will be terminated.
But you just might learn something about the realty business and that may be worth doing. /