Imagine Housing Without a Secondary Market
That’s the subject line of an e-mail I got this morning from one of my very first students here at Secret! University. Here’s what his e-mail said:
“If we got to this point…. Can you imagine it getting much worse? This is pretty much the torrential s&%#storm you had called … I’ve never forgotten!
Of course, we’ll recover (eventually) … Our financial markets KNOW HOW to create a secondary market platform… So it’ll just be a matter of rebuilding the parts that crapped out (yes, all the areas I know you’ve been grousing about since I’ve known you.) YOU were originating loans before the secondary markets were anything to talk about …
How about a training course:
- How to thrive WHEN THERE IS NO SECONDARY markets!
- How to create broker relationships with REAL lenders…
- Depositories who actually fund deals from their branch books.
Can’t promise there’ll be a lot of survivor brokers to buy the training… But I’d love to see it, for sure.”
At this point today, I’m thinking there might just be a need for this. I could offer it in class sizes of say four to ten people, and hold them right in my home, casual friendly and on a Sunday! What I would do is charge something like $2,500 each for the initial class, then $10,00 each after that for subsequent classes. I’ve got the material all stuffed inside my head already.
As this concept evolves I’ll keep you all posted; if you’ve got an idea send it to me via e-mail or leave a comment here.
Related posts:
