Advertised to be the 'exclusive agent' for selected (of our choice, if available) counties, one pays $1,200 as a 'startup fee / 3 month trial run'. Then we find out that there's only 3 properties on the list for said county. And there's no response from all the 'hundreds of investors' listed for 'your county' that one sends approved email to.
It appears we 'exclusive agents' for these county agent positions are sole activity generators for the rehablist.com wholesale listings. We are to solicit the business, find the deals, generate the local advertising, put up bandit signs, or whatever, then post the deals for approval and listing in our county. Then for our monthly fee, the website happily publishes the deals we find to the list of 'investors' that are supposed to be in our county territory. This isn't too clearly defined in the signing up process before one pays out this 3 month 'trial period', which you ain't getting none of back. IF you decide to continue on, there's a $400 / monthly fee PER COUNTY if you have more than one.
Nowhere did I find any indication what our 'cut' of the deals currently posted was to be. Part of the negotiation process? Marked up before it's posted? No one from rehablist.com seemed to be able to clarify the point. When a 'new listing' (unsolicitied, they just show up) popped up in one's territory, it just shows up, with the price tag in place. The listing then goes out directly to the list of 'investors' without your 'cut' added to the price tag. How do you get paid out of that? Won't say.
My contact at rehablist tells me I'm 'cancelled' as far as future payments are concerned, but I 'bought' several more weeks of 'service' that are pretty useless and won't be refunded.
Mckannick
Atlanta, Georgia
U.S.A.
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