Asset Management & Recovery: Forget the Force, Call Your Banker & Lawyer

Gryphon USA, Ltd services clients through Gryphon Asset Management, Gryphon Realty Advisors and Gryphon Auction Group. Gryphon Asset Management manages operating entities and undertakes liquidation management in numerous business lines. Gryphon Realty Advisors is comprised of three divisions all working together; Residential, Commercial and Management. Projects range from single family investments and owner occupant reresentation to apartments and commercial complex disposition. Gryphon Auction Group assists clients with the sale of real property as well as commercial equipment.

Forget the Force, Call Your Banker & Lawyer

 Facts for you I have.  Learn you will if only you listen Skywalker.

There have been many, many blogs about finding business.  Here is the secret.  Prospect sellers that will provide multiple deals per year.

Bankers - Bankers have many borrowers who borrow money to buy things like houses and investment properties.  Bankers have clients that borrow money to buy things they can't afford.  Bankers have inventory.  Bankers direct multiple deals a year.

Lawyers - Lawyers have their own money AND they represent multiple bankers at once.  One lawyer can plug you in to 10 bankers.

I had a great meeting today that I wish everyone (outside of my marketplace) can have.  It was like hitting the lottery.  I will call it Real Estate meets New Math.

4 bankers + 2 attorneys = 6 months of revenue

Try it.  You'll like it.  Or my name isn't Yoda.

Shameless Blog Promotion: Click Here to go to the Bonus Point Blog and leave a comment there too. We are working on 10,000 comments.

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

3 commentsRich Kruse • December 13 2006 08:28PM

Comments

Yea! Way to go honey. New clients = new shoes (or something like that). Seriously, you hit a home run today. Break out the the champaign. It helps to think outside the box and to be a problem solver.

 

Posted by Melissa Kruse (Gryphon ) over 3 years ago

Rich,

I got my 25 points in the crazy post you have...but here I just wanted you to know I will be thinking ofr contacting lawyers in orlando...just what you said...One lawyer knows many bankers, and people with money..a no brainer there...;)

Posted by Chicago, Illinois homes for sale ---- Alexander Harb (My Real Estate Referral L.L.C.) over 3 years ago

I think I already said this in "part 2" of your post, but lawyers are a great source of referrals. We have a listing in escrow that we got through a divorce lawyer.

Nice Yoda shot... 

 

A world record for blog commenting!

http://www.ThompsonsRealty.com
http://www.PhoenixRealEstateGuy.com

 

Posted by Jay Thompson (Thompson's Realty) over 3 years ago

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