On Sat, 23 Aug 2014 19:52:05 -0400, micky
wrote:

On Fri, 22 Aug 2014 00:35:39 -0400, micky
wrote:

A friend who has been looking hs been offered a job. His role is to
gve out gift cards, that start at 300l doolars but also go higher if
people have a more expansive hom. For every card he hands out antd
hey sign for , he gets 30 dollars. By signing, the car reciipient has
to agree that if he ever sells his hous someone from the group that
gives out the cards will get the listing, and he commission when the
house is sold The commission is usally 7%, though it may be split
bewtween buyer's and seller's agents, and the seller may have agreed o
pay less comission if he could arrange it.

Buy back to my friend. Have you ever heard of a plan like this before.
Is it a fraud? Legal? Will it be too hard to get people to sign?

The company is out $330 for the average house and won't get it back
until the owner decides to sell and succeeds in selling, which could be
next year or in 30 years. plus I thnk they have to monitor all these
poiple to make sure they don't hire another agen. That shouldn't be
hard, Just google every address once a month to see if it's listed for
sale.

I found the webpage that relates to this.

http://www.ijustjoined.com/

I don't know how to find out the giimmick without signing up, but maybe
you guys are more clever than I am.

Click on "How we do it"

I talked to my friend again.

He told me more. He had talked to the guy doing the hiriing for this,
and showed him his work history, and the guy was very enthusuatic.
"You're just the one we want. You're good with customers" etc.

The next day he looked them up with the BEtter Business Bureau, and they
had an A rating. The highest is A+. So he called the company backm
back and the same guy answered, and I guess he didn't know that until
later, so he verified the address of the company. Then my friend told
the guy on the phone that he had called the BBB and that they had an A
rating.

And instead of saying, "Well I'm sure that puts your mind at rest, and
you know we'll be a good company to work for" the guy said. "Don't you
ever call this number again. We don't want you. You're bad for this
company. You think too much." and then the guy hung up on him.

Wow, huh? As my friend says, "Nobody*** gives away money [so there
must be a gimmick]

My friend talked to his sister too, and her theory was that every dollar
they give out, the homeowner has to pay back when he sells his house,
plus lots of interest. Of course until someone sees the contract, he
doesn't know that. So I'm thinking, even an honest person who intends
to hire the require real estate company is likely to forget about this
deal in several years, or lose the phone number, so what do they do
then. I thought maybe they follow the muliple listings checking if
one of their houses is listed.

But as I started typing here, a better way came to mind. They put a
lien on the house which has to be** paid before it can be sold. And
part of the contract is the owner agreeing to the lien. Probably
without using the word lien.

**What if someone tries to buy a house without checking for liens. I'm
sure he can, can't he. He just buys the house subject to the same lien
and the lienholder can foreclose on the lien anytime he wants, and force
a sale, like they do with people delinquent on property taxes.

***Except John Bears Fertipton. I eventually learned that his name
was John Beresford Tipton.