The Note Broker Business Opportunity is a very real way to generate a decent living today. Many real estate and business notes are created each year, many of those note can be sold for cash to note investors. Many note holders do not want to hold there notes for than a few months so that is where the note broker comes in. A note broker finds the note holders and brokers the notes to note investors.
What Type of Notes can be brokered to Note Investors?
Many types of note can be brokerd, in fact any note can be brokerd. The best types of promissory notes are those secured by something of real work value, real estate is the most common form of collateral for a note but there are many others. Unsecured notes can be brokered but there is a very small demand for them and the discount on an unsecured note will generally be very large.
Why is the Note Broker Business Opportunity so good?
What make note brokering so good is that you can start this business with very little capital compared to other business that produce similar incomes. You can start a solid note brokering business with a little as 2-3 thousand dollars.
How Much is a Note Broker Salary
That is tough question to answer as it really depends on the note brokers efforts. How good is the note broker at lead generation, how good is the note broker as negotiating a discount, how good is the note broker at follow up; all these factor into how much a note broker can earn doing the business. There are some brokers that make several hundred thousand dollars a year.
Do I Need a Note Broker Website?
Yes a decent website is very important for several reasons. One the website is essential for you to build trust with your potential note sellers. Which credible businesses do not have a decent looking website? None, it is essential for your success. For information on building a note broker website take a look at this article http://notebrokering.com/note-broker-websites/