Submit your Motivated Seller Leads so we can turn them into Novations and sell it on the Market

👇 Heres how the Process works?👇

What is a Novation?

A novation is a real estate agreement that lets a homeowner sell their property without doing repairs, paying realtor fees, or waiting months on the market yet still getting close to market prices. Instead of assigning a contract like a traditional wholesale deal, a novation replaces the original agreement with a new one—allowing us to bring in a retail buyer at a higher price and in return make more on the spread.

What is the Novation Formula?

ELP x 90% - $25,000+ = MAO
​
​ELP = Estimated List Price on Market
​90% = Accounting for closing Costs, Commissions, Concessions
​$25,000+ = Estimated Spread
​MAO = Max Allowable Offer to the Seller
​
Note: ​ELP is determined by the AS-IS Value of the home or other wise known as the current condition of the home.
E.x. If the subject property is a Full Gut 3bd 2bth 1,000 sqft - to find an accurate ELP, you need to see what other Full Gut properties that are 3bd 2 bth 1,000 sqft or pretty close to it are selling for so that we know what our subject property will sell for on the market. 

As long as the property is off-market and the seller is motivated enough to entertain an offer in the range of our MAO, then this is the type of lead we want.


* ​Make sure to tell the seller that someone from your team will be reaching out within 24 hrs or less to make an offer and discuss next steps in the process!

👇 Please Read the 3 notices Below!👇


1) Do NOT mention the word Novation to the seller

2) Do NOT try and pitch the novation - it will be done by our team properly in order to work smoothly

3) Our team will reach out to you directly within 24hrs to discuss the lead and any additional information needed

How much do you get paid?

Roles

You

Us

Submit a motivated lead that fits the criteria

Negotiate, Follow Up, Set & Show to appointments

Execute specialized Novation Pitch

Prepare & Execute all proper Novation Documentation

Novation Agent Finding and Management

Transaction Coordination Management

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40%
60%

Any money needed for light cleanup, helping the seller move, or lender-required repairs will be handled as follows:

• We can split the cost 50/50
or
​• We will cover the full amount and be reimbursed at closing plus receive an equal additional amount as a return for putting up the capital to keep the deal moving.

👇 Click Below to Submit your Deal and lets get paid!👇