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realtors: How Realtors Can Get Theirs Deals to the Closing Table Sooner and Without Problems. - 08/15/07 04:49 PM
Why is it so hard for Realtors to work in tandem with loan officers to ensure that the deals get to the closing table with no problem?   You would think that since we are the ones holding the purse strings, Realtors would be more proactive in ensuring a smooth transaction.  There is always a lot of whining and complaining about Loan Officers on the AR (much of it earned by the way), but a lot of times I think Realtors simply do not understand what it takes to get financing lined up on time and all the moving parts we have … (4 comments)

realtors: The Loan Officer Species - 07/18/07 01:49 PM
The hunt continues!  A couple of weeks ago we discussed the various types of Realtors one is likely to come across.  Now it is time for the loan officers to be exposed.  Once again, this post is littered with stereotypes and generalizations, but we all know we have run across these folks at some point in our lending careers so don't get all politically correct on me.  It would be wise for consumers to figure out which one they are dealing with.
The Gangster:  Maybe you haven't heard, gangs and street thugs have figured out that mortgage fraud is a lot more … (7 comments)

realtors: The Realtor Species - 06/11/07 01:43 PM
Over the years, I have been monitoring and documenting the types of Realtors I have come across in this business.  While I am sure there are some other undocumented species of Realtor, these are the ones I see most frequently in metro Chicago.  If you are aware of any others, please let me know as I am interested in learning more about them.
Old Betty: This species of Realtor can usually be found in suburban environments but is occasionally spotted in large inner cities with wealthy older buyers. Old Betty's are immediately recognized by their Cadillac El Dorado, big hair, and blue eye … (12 comments)

realtors: What Goes Around Comes Around - 05/16/07 08:37 PM
Sitting from the sidelines watching the Redfin commercial, I mean 60 minutes expose on Realtor compensation all I can do is chuckle.  I have to wonder if Realtors are getting a taste of their own medicine or experiencing what loan originators have been dealing with for years. Realtors are constantly telling buyers to shop for the "best rates" with loan officers.  Maybe loan officers should now start telling buyers to shop for Realtors with the lowest commission.
I am sure my opening paragraph got few hairs standing on edge, but that is not what my post is really about.  It isn't about what Realtors are … (8 comments)

 

Russ Martin Residential Mortgage Advisor

Chicago, IL

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Perl Mortgage

Address: 101 West Grand , Suite 504, Chicago, IL, 60610

Office Phone: (312) 651-5355

Cell Phone: (847) 722-5355

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