Partner and Associate Opportunities

If you have read our mission statement and the information regarding our company and would like to explore the opportunities that are available to you please read the information below and sign up if you wish to join our team.

We are looking for people who want to join our company and participate in the recovery process and earn a fee based on the monies recovered. The amount you earn will be a percentage of the amount recovered by American Cash Recovery.

There are two positions that are available. You can be a partner or an associate. The difference will be explained as you read further.

THE OPPORTUNITY THAT WE ARE OFFERING

As a partner or associate you would locate homes that have or will be going into foreclosure. You will fill out our online submission form and you would be registered as the locator. That is all you need to do to earn your fee. We do the rest. This is an example of a typical transaction resulting in a surplus.

A home is sold at auction for $165,000.00. The bank wants $125,000.00. This leaves a surplus of $40,000.00. Our company will process the paper work to retrieve the money, take our fee of 25% of $40,000.00, which is $10,000.00. The homeowner receives $30,000. You would be paid a percentage of the $10,000.00 depending on your position as a partner or as an associate of the $10,000.00 earned by American Cash Recovery.

QUESTIONS

• What are the duties of a manager?
• What are the duties of an associate?
• How will I find these foreclosures?
• Is there a restricted geographic area that I can work?
• What information do I need to provide to earn my fee?
• Will we have an agreement that states the terms of employment, the percentage to be earned on each transaction, and the method of payment?
• What will the status of the arrangement be for tax purposes? W-2 or 1099?
• If I am self-employed can I work under my own name or do I need a dba?
• What type of person can do this job?
• How many hours per day will this require?
• How will I know the status of my submissions?
• Are there any other benefits in becoming a manager?
• What do you think a manager or associate can earn annually?
• Are there any costs to becoming a partner or associate?
• What is the cost to anyone I add to my team?
• Are there any advantages to me to build a team?
• What do you mean by a reimburseable signup fee?
• If I have associate status can I still become a manager?
• Is this a network marketing arrangement?
• Can I view a sample of the foreclosure locator submission form that I will be filling out online in order to earn my fee?
• What is the potential of the recovery business?
• I think I would be interested but would like to get a idea of the earnings potential.
• How many submissions should I be able to do per week?

Q. What are the duties of a manager?

A. A managers duties will be to locate homes that have gone into foreclosure or are about to. For each submission that results in a recovery you as a manager will receive 50% of the fee earned by American Cash Recovery. Optional duties and a additional source of income for you would be to develop a team of people to also search for foreclosures. These people would be associates. As a manager you would earn a 25% fee for each submission by a member of your team that resulted in a recovery by American Cash Recovery. There are additional benefits to being a partner as you will see as you read further.

Q. What are the duties of an associate?

A. The duties of an associate are to locate homes that have gone into foreclosure or are about to. The associate can work independently or with a partner. The associate will earn a fee of 30% for each submission that results in a recovery by American Cash Recovery. An associate has the option of becoming a manager at any time. There is more information about that as you read further.

Q. How will I find these foreclosures?

A. We will provide training material that will show you were to look for these homes. The reality is these homes are plentiful, and the information is easily attained once you know where to look and what to look for.

Q. Is there a restricted geographic area that I can work?

A. No. You can work any area that you desire. Of course its always good to start in the area that you live.

Q. What information do I need to provide to earn my fee?

A. We will provide you with a one page form to fill out. All basic information. For example, names, address of property, date of sale, judgement amount and county are just some of the information we will need. Understand, all this information will be in one place and easy to compile. You will not need to search multiple locations.

Q. Will we have an agreement that states the terms of employment, the percentage to be earned on each transaction, and the method of payment?

A. Yes. We will provide you with an agreement that will be signed by both parties.

Q. What will the status of the arrangement be for tax purposes? W-2 or 1099?

A. You will be paid on a 1099. You will be considered self – employed.

Q. If I am self-employed can I work under my own name or do I need a dba?

A. You can work under your own name.

Q. What type of person can do this job?

A. This is perfect for a business person, stay at home mom, a retired person, someone who is retired, unemployed or just would like to supplement their income. If you can read a newspaper, follow simple instructions and fill out a one page form you can do this.

Q. How many hours per day will this require?

A. To perform the duties of a manager you are looking at 1-3 hours per day. M-F. Of course the more you work the more you can make.

Q. How will I know the status of my submissions?

A. You will be notified by email of each step in the transaction. The receipt of the submission by you, the request of the surplus, the receipt of the surplus and the payment to you and the homeowner.

Q. Are there any other benefits in becoming a manager?

A. Yes. As you can see this website allows people who have lost their homes to foreclosure to sign up online for our service. These signups, based on the zip code of the customer will credited to the manager closest to that zip code. You will be notified by email each time this occurs. The manager will be paid a fee of 40% of the fee earned by American Cash Recovery.

Q. What do you think a manager or associate can earn annually?

A. Based on current data the potential to earn $100,000 plus per year can be attained. Like any other business the results will be tied to effort. If you decide to develop a team to work under you than the amount you earn can be much greater.

Q. Are there any costs to becoming a partner or associate?

A. There is a one time reimburseable fee of $89.99 for a partner and $39.99 for an associate. This will cover the administrative cost, training and forms.

Q. What is the cost to anyone I add to my team?

A. The cost per new member is a $39.99 reimburseable signup fee. This will allow them to access the training material and forms.

Q. Are there any advantages to me to build a team?

A. There are two distinct advantages to building a team. The first as previously mentioned is the 20% override that you will earn for each submission by a member of your team that results in a recovery. You will also be paid $10.00 for each person that you bring on your team and register with our company.

Q. What do you mean by a reimburseable signup fee?

A. When a manager or associate submits their first foreclosure locator form that results in a recovery they will be reimbursed for their signup fees.

Q. If I have associate status can I still become a manager?

A. If you have signed up as an associate working independently or you signed up to work as part of a team you have the option of becoming a manager at any time. To become a manager and enjoy the additional benefits of a manager you just need to have two people sign up as associates under your name. You will earn all the benefits of a manager as previously mentioned.

Q. Is this a network marketing arrangement?

A. No. But at the same time if someone wants to become a manager and build their own team we do not want to discourage them. The manager will continue to earn their 20% override on any of their associates that become managers but will not earn any fee on the new managers team.

Q. Can I view a sample of the foreclosure locator submission form that I will be filling out online in order to earn my fee?

A. Yes. On our website just click on sample of the foreclosure locator submission form.

Q. What is the potential of the recovery business?

A. It is exploding. As you know there are thousands of homes going into foreclosure daily and the number is growing each week. Did you know that there are over 3000 counties in this country. We need to reach everyone quickly and this opportunity that we are offering is a way to do just that.

Q. I think I would be interested but would like to get a idea of the earnings potential.

A. Here it is. If you are an associate and have one successful recovery per week and the recovery is $10,000.00 you would receive a payment of $3000.00. If you are a manager and you have one successful recovery per week and the recovery is $10,000.00 you would receive a payment of $5000.00.

Q. How many submissions should I be able to do per week?

A. If you want to work 1 day per week for about 2-3 hours you will be able to do at least 50 quality submissions per week. Our instructions to you will direct you as to what to look for in each foreclosure notice so you do not waste your time or ours in submitting foreclosures that have no chance in a recovery.