I sat in on 7 closings today (that is not nearly as easy as you think). My job is bringing in business, but I want to make sure that I am properly representing our offerings, so I sit in, provide upside to the Realtors and LO's that are present (if warranted), to assist them in referrals.etc....
Today, not only did I attend all 7, but one of the 7 we got the job today, and closed it today.
HOW'S THAT POSSIBLE YOU SAY?
First, the Keller Williams agents client was using a loan consultant, LO, Mortgage Expert, Loan Seller..whatever you 'guys' call yourselves these days :^)...that jerked the client around.....
The KW Realtor asked the client if he minded if his wife, a Wells Fargo LO could help. WELL SHE SURE COULD, AND DID. Within ONE week, she pulled the loan together.
The Keller Williams agent , being 'forced' to use his internal Title Company.... needed a close TODAY...
Their internal company said NO... too booked.... had not gotten the LLC paperwork (seller), etc...
We got a call for help, and said ........ YES!!!!!!!
This was ONLY a $138K transaction.
We 'bought' the transaction for $275, I made 3 trips to get paperwork, made calls to get search info.....yada, yada...we pulled out all the stops because we believe as philosophy...anythingcan be done. Not doing the Title Search ourselves, because we have in-house Abstractors - we did a bring-down immediately. (Damn we're fast).
Turns out the seller is big in investment properties in the Lehigh Valley (PA)......the buyer is big in procuring investment properties.....they had a GREAT discussion about future biz together.........the $400K type...
...... they LOVE THE REALTOR and THE LO........ AND US...........
....as the Realtor, Loan Officer and Title Company worked together, jumped through the hoops......we end up with a true relationship of trust and commitment....... ALL IN ONE DAY.
The KW Realtor does not care about his in-house kickbacks anymore..... he WILL use us as a Title company. We provided the service he looks for. One that helps HIM and one that makes the CLIENT a happy pup.
And I'm tired as Hades :^)
Rob: Nice story. We'll get those control freaks one agent at a time. Thanks.
Fran