If you’re a real estate agent and not currently partnering with a mortgage broker or lender, do yourself a favor and change that ASAP. You are missing out on significant benefits and opportunities! The ultimate goal is for you to get people into homes, and not everyone is walking around with pockets full of cash to pay outright for said home. Why not team up with a mortgage broker and develop a symbiotic relationship, mutually beneficial to both of you?
Chances are, you already know all or most of the mortgage brokers in your area as you are used to working with them throughout real estate transactions. But, who has the best communication? Who gets things done promptly? Who has stellar customer service and is personable with clients? That’s who you want to partner with!
Connecting with their social and work spheres is another positive result of forming a relationship with mortgage brokers. Easily connecting the dots for your clients and already having developed a trustworthy relationship between agent and broker means less guesswork for all involved parties.
Having a preferred broker or lender doesn’t necessarily mean that your buyer has to use them! If they have a specific party they prefer, that should be fine. A relationship with a preferred broker or lender helps first-time home buyers or those new to the area because they don’t have a preference. You’ve already done the leg work and found someone credible and trustworthy that will assist your buyer with their home purchase. This confidence will significantly help buyers move things forward more efficiently, quickly, and comfortably.
Are you looking to learn more about the benefits of building a relationship with mortgage lenders and brokers? Then, join StreetText, where you are given 24/7 access to our private Facebook group of real estate agents and professionals! Our group members carry a wealth of knowledge and are happy to share the tips and tricks of the trade. So contact us today, and we will be more than happy to set you up with a 7-day free trial.
