Video 21: Lender’s are having a problem getting deals done on time. Here I discuss a new program I am implementing on my preferred lenders. This idea is not original, I actually stole it from another RE/MAX agent here in the valley. Let me know your thoughts. Dean Ouellette.
1) How to be honest: Accounting for morons – Great advise from Chris on always keeping the eye on the ball financially as an agent and know where you are or it could get you in a lot of trouble.
2) Are big brokers facing T-Rex style extinction? – Interesting podcast on large brokerages and boutique brokerages.
3) Why mortgage brokers are concerned about HUD delegating FHA approvals to lenders – Could new regulations be the death to small mortgage brokers?
4) Can Twitter really increase your real estate sales? – Been a hot topic on Twitter lately, do real estate agents spend more time on Twitter than results justify?
5) Real estate negotiating 101 – You can’t manufacture leverage – Some good negotiating tips for both listing and buyer’s agents.
1) We suck less? – Tired of lenders and their minutia? This column is a must read. An honest loan officer.
2) What say you? Is this good advertising? – NAR advertising for an extension of the homebuyer tax credit. I have a different opinion on should the tax credit be extended?
3) 5 things that don’t control mortgage rates – I usually respect Dan Green’s opinion greatly, but I am not so sure about number 5.
4) Turning leads into clients – Maybe the one thing most real estate agents struggle with the most.
5) The fallacy of Zillow, Trulia and the online listing aggregators – Exhibit #63 on why you should not trust them for your house search information.
The cheapest lender is not always the best deal. It is important that when looking for a lender make sure you are using someone who can get the deal closed, and on time. One of the lenders I use is Justin McHood of the Arizona Mortgage Team, who can be reached at 480-374-0303. Just because it is your local bank, or a friend of a friend does not mean the lender will go out of their way to make your deal happen. That is why I would recommend you ask your real estate agent for some names, as they know the people they have worked with in the past who get deals done. And no, we make no money at all off the referral. This is not the place to skimp and save a few bucks. As always you can email me.
1) Dead man walking: Death of mortgage brokers – Is the mortgage broker really dead? Will all lenders be banks shortly? Very interesting conversation.
2) Why loan modifications are rare – Not many loan modifications are getting done anywhere. To even have a chance of getting one done you need to stay on top of it.
3) 8 ideas to help you leverage social media – When Jeff Turner talks on social media, you should listen.
4) OMG! My DOM is off by 311% – Interesting thought on why DOM may be off in your MLS by a lot. Does it include those homes that expire or are withdrawn?
5) R U networking or notworking? – It is a fine line that many of us social media geeks face.
