Real Estate

What Is Pre-Generated Sales For Real Estate™?

Pre-Generated Sales™ is an exclusive, innovated, and trademarked fundraising platform at GiveReceive.Online LLC that will allow you the opportunity to fundraise and “pre-generate” your sales.

Simply, when you fundraise, GiveReceive™, the funds will go towards the acquisition of properties - especially “as is” properties” for GiveReceive.Online LLC and you will receive your commission and additional compensation for your participation.

This program corresponds with the program for Individuals - Home Leasing Earned-Credit Spending Program. Please review how this program will benefit individuals and families. The acquisition of properties play an important role of supporting family life.

In addition, properties could also support individuals and families with low-to-moderate incomes, military/veterans, retirees, and others with special needs.

How It Works

Qualified Entities

Must be licensed, active, and in good standing in your community:

• Real Estate Brokers

• Real Estate Agents

GiveReceive™

Give: Submit a Give Order(s) to help others with their Spending/Sponsorship Programs

Promotional Sales Price: $40.00/order (Regular Price: $95.00)

Receive: Once you place your Give Order, your will have the opportunity to receive from others helping you with your Spending/Sponsorship Program. This program also offers a Rollover feature (details below).

How Much to Fundraise

2 Components to Fundraise

• There are 2 major components to fundraise that you will be compensated on that will be discussed in detail below (Compensation):

1. The acquisition of the property

2. Other costs

• Determine approximately how much you will need to fundraise to cover all costs (see Qualified Expenses below).

Property Type

• Broker/Agent will search the market in their community for the following property types for sale

  • Single Family Residential

  • Detached

  • Fee Simple (possibly leasehold depending on the market)

• Property can be in any condition as long as it can be in livable condition after any updates and the costs of updates are reasonable and not above market value after updates are completed

• Property Price based on “as is” condition:

  • Maximum price is based on approximately the FNMA/FHLMC max lending amount on conforming loans

  • Possibly slightly higher depending on market conditions (prior approval)

Management of Funds

The Qualified Expenses are controlled and managed by GiveReceive.Online LLC

• The account will fundraise to cover the acquisition of the property and the Qualified Expenses listed below that will apply to the property and suggested feedback from the Broker/Agent

• Decision of what expenses will be needed is based on the value and condition of the property and other factors that will be determined by GiveReceive.Online LLC and suggested feedback from the Broker/Agent

Qualified Expenses

• Cost of acquisition of the property

• All Closing Costs – non-recurring costs (including appraisal, inspections, etc.)

• 3-year reserves (minimum) of recurring costs (ex. real estate taxes, insurances, etc.)

• Cost of updates, repairs, renovation, permits, etc. (including structure, electrical, plumbing, etc.)

• Local Residential Architect who knows the community and will be able to update the home (if needed) to make it a part of the community again

Compensation

Real Estate Commissions:

From the sale of the property, paid by Seller (if normal market and acceptable practice) as permitted by local/state/federal laws.

Additional Compensation:

5% compensation on the funding of all other costs of the real estate transaction:

• All Closing Costs – non-recurring costs (including appraisal fee, inspection fee, etc.)

• 3 years reserves of recurring costs (ex. real estate taxes, insurances, etc.) must be included as part of the funding

• Cost of updates, repairs, renovation, permits, etc.

• Estimate from a Residential Architect (fees)

Example:

Suppose you identified a property for GiveReceive.Online LLC to acquire. Based on all the Qualified Expenses above, let’s put together a cost and compensation breakdown:

Property purchase price: Your market commission rate.

Qualified Expenses: Property needs extensive update. If we included all the Qualified Expenses and it turns out to be a total of $150,000, your additional compensation would be $7,500 ($150,000 X 5%).

Start Now. Give Now.

Real Estate Commissions:

From the sale of the property, paid by Seller (if normal market and acceptable practice) as permitted by local/state/federal laws.

Additional Compensation:

5% compensation on the funding of all other costs of the real estate transaction:

• All Closing Costs – non-recurring costs (including appraisal fee, inspection fee, etc.)

• 3 years reserves of recurring costs (ex. real estate taxes, insurances, etc.) must be included as part of the funding

• Cost of updates, repairs, renovation, permits, etc.

• Estimate from a Residential Architect (fees)

Example:

Suppose you identified a property for GiveReceive.Online LLC to acquire. Based on all the Qualified Expenses above, let’s put together a cost and compensation breakdown:

Property purchase price: Your market commission rate.

Qualified Expenses: Property needs extensive update. If we included all the Qualified Expenses and it turns out to be a total of $150,000, your additional compensation would be $7,500 ($150,000 X 5%).