Posted by cawest/PA on 3/15/10 3:15pm
Msg #327373

Annuities ...

Anyone in here starting to get more of those than closings? Today was my 5th one of the month ... Use to have one here and there.

Reply by Sylvia_FL on 3/15/10 3:20pm
Msg #327377

Corrine
What do you mean?? Do you mean like J.B. Wentworth where they buy the annuities or settlements - so the person gets one lump sum instead of a monthly payment??

Reply by Moneyman/TX on 3/15/10 3:28pm
Msg #327378

I used to get quite a few (of the type Sylvia described) a few years ago. However, none in the last several months.

Reply by cawest/PA on 3/15/10 3:39pm
Msg #327384

yes ... I have two more scheduled for next week and only 1 closing so far.
However looks like ND is doing good as they call and call ... so you wonder if they have cut a special price and lenders are flocking to them! (which is not really good for us)

Reply by Moneyman/TX on 3/15/10 4:51pm
Msg #327403

It might be that they cannot find anyone to accept the low fees and they are having to keep calling people that turn them down in the hopes that someone will finally accept. Not 100% sure if this is true, but it could be.

If they would offer a reasonable amount they would not have to call so many people. JMO

Reply by cawest/PA on 3/15/10 5:05pm
Msg #327405

but wouldn't you think that after saying *no no no* they would drop you of their list ?

Reply by Moneyman/TX on 3/15/10 5:16pm
Msg #327410

Someone hasn't told them that the saying in sales,

"It's a numbers game" means that you have to call on "numbers" that you haven't already called. They seem to keep calling the same numbers and think they will get a "yes" after 10 "no's" from the same person.

Reply by cawest/PA on 3/15/10 5:33pm
Msg #327413

Re: Someone hasn't told them that the saying in sales,

well with me they can as well play Russian Roulette

Reply by Sylvia_FL on 3/15/10 6:05pm
Msg #327420

Re: Someone hasn't told them that the saying in sales,

Corrine
if it is J.B. Wentworth that is hiring you, you may not get paid.

Reply by Susan Fischer on 3/15/10 5:38pm
Msg #327414

I know this is a little different take, but reminded me of

an adorable elderly couple who lives oceanfront, and a telemarketer's call interupted us. He pulled out a quarter, she called 'Heads', he won: grabbed his handy canned boat horn, picked up the receiver, hit 'speaker', and as soon as the spiel started, he let 'er blast. Then they ga-fawed, low-fived, and we got back to business. When she wins, she blows a referee's whistle.

Sorry for the hijack, couldn't resist.

Reply by cawest/PA on 3/15/10 6:04pm
Msg #327419

Re: I know this is a little different take, but reminded me of

you are so good

Reply by Susan Fischer on 3/15/10 7:34pm
Msg #327436

Re: I know this is a little different take, but reminded me of

It comes and goes

Reply by Philip Johnson on 3/15/10 8:10pm
Msg #327440

If you are working for JG Wentworth

I hope you are getting paid at the table or up front. My experience with them was one of broken promises and lies. I finally got paid only after sending a demand letter to the legal affairs VP laying out what happened.

Never again, but then again they probably say the same about me. Their loss, not mine.

Reply by cawest/PA on 3/15/10 8:30pm
Msg #327445

Re: If you are working for JG Wentworth

it is for Imperial Finance out of Boca Raton FL...