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Fee Agreement

My name is George Blackburne, III; and over the past 38 years I have probably gone to trial and successfully obtained a judgment on more mortgage broker fee collection cases than any mortgage broker or attorney in America.  I am NOT litigious.  I just get screwed a lot, and I have been able to convince a skeptical judge or arbitrator to rule, "Yup, you got screwed again!"  

Apparently my fee agreement also works pretty well.

We'll trade you a copy of this battle-tested fee agreement for the contact information of just one commercial real estate loan officer working for a bank or a credit union.

A perfect fee agreement is twenty pages long, but no borrower would ever sign it.  My agreement is just two pages.  I make no warranties about its legality or enforceability in any state, and if you try hard enough, you can lose a case using my agreement.  These losses normally happen when one of my students tries to "improve" my agreement.  I sell it, not as an attorney, but rather as a practicing commercial mortgage broker. 

To get a copy of my fee agreement, you don't have to give us your best banker!  Your fifth-best banker, lending only in the three counties surrounding the eighth largest city in Oklahoma, will do just fine.

This bank loan officer that you will tell us about must (1) work for a bank with FDIC insurance or a credit union; (2) we please do NOT want to be introduced to other commercial lenders, like hard money lenders or other non-bank commercial lenders; (3) this lender must be actively making commercial real estate loans right now; (4) we will please need his email address; and (5) you must not enter your own name as the banker.

I strong urge you go out and find four commercial real estate loan officers working for banks.  You can easily find a banker making commercial loans in about seven minutes.

Once you have four of them, you can get a free commercial mortgage marketing course, a free list of 750 bankers, a free mortgage broker fee agreement, and a free Income Property Underwriting Manual.  

Obviously you need a new banker for each freebie.