Offers Academy for Homes
Jack Butala: Offers Academy for Homes. Leave us your feedback for this podcast on iTunes and get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.
Jack Butala: Jack Butala with Jill DeWit.
Jill DeWit: Hi.
Jack Butala: Welcome to our show today. In this episode, Jill and I talk about Offers Academy for homes. If you haven't noticed yet this week, there's a constant theme in all of or programming.
Jill DeWit: You will notice by Friday.
Jack Butala: Before we get into it, let's take a question posted by one of our members on landacademy.com, our online community [inaudible 00:00:25].
Jill DeWit: Alright, Luke asked, "Deals are flying. Use this-"
Jack Butala: That's not a question, though.
Jill DeWit: Right. "Used the same data a couple times that day, and one of the times, I did not change the guarantor line." Oops.
Jack Butala: He's doing too many deals.
Jill DeWit: Yeah. "Changed everything else. The buyer got the recorded deed. Recorded land to a different buyer. Guess I can get the other buyer to deed it to the right person, but what about tax and other consequences? Is there an easy way to fix a goofed up recording?"
Jack Butala: Yeah. First of all, this stuff happens, because you're not ... This has happened to me. Many times it's happened to both of us, I'm sure. It's, because you're not using a CRM. That's my guess. The CRM that you may or may not be using probably does not generate a deed document for you. If you're using Deed Perfect, which is great if you're kind of using ... Deedperfect.com is a tool that we set up for everybody to generate deeds. It's very easy to ... It's not a CRM-based situation, but at Luke ... We have very successful, multiple people named Luke in our group. You guys are all at the level, whichever Luke this, all at the level where you should be using a CRM. It should be generating a document for you.
You have a customer. You have a guarantor and guarantee. You just fill it all into the CRM and generate a document. That's point one. Point two is just it depends on the county. Is there an easier way to fix this goofed up thing versus undoing it? I know in Arizona, you can file what's called a corrective deed. If this is in Arizona, you're in luck. If not, just simply call the recorder and ask them how to do it.
Jill DeWit: Exactly.
Jack Butala: They'll tell you. You're really helping their [corner 00:02:21] a lot, and if you handle it properly on the phone, they're really going to thank you, because they don't have to do it.
Jill DeWit: Exactly.
Jack Butala: Before it gets to the assessor. That's when there's are problems.
Jill DeWit: Yeah. Right. In a perfect world, that's what you're doing. You're not now going to re-deed it from this person to that person, because now you got a little title mess that you don't need to do. What you're trying to do is undo the mistake with the recorder's help, and they will tell you what you do. It's ... Yeah, we've been there. It happens, and it's okay. They can pull that deed, and they can do some stuff. Going forward, the hiccup won't show up five years from now. It'll be gone, and you caught it in time. It's all good.
Jack Butala: What's your saying, Jill? There's no roadblocks. There's only speed bumps or something?
Jill DeWit: Yeah, it's a speed bump.
Jack Butala: Paperwork is my least favorite part of this whole business model. If you put the right systems in place like the one I mentioned earlier, you really reduce the amount of paperwork. I've seen Jill angry at work maybe three times in my life, and one of ... I think two of the times she was angry, because of something like this happening, and it could have been ... Because the person was going too fast.
Jill DeWit: It was.
Jack Butala: That person no longer works with us.
Jill DeWit: It's attention to detail. That's one of my little hang ups that I have.