Make Your Next Open House a Winner
Provide Prospects with Finance Options

Many Real Estate professionals feel that open houses are too time-consuming. Frankly, they are time-consuming. But I can provide assistance as a mortgage professional on hand to field many questions for you regarding financing options.

Even in a booming market, homes don't sell themselves. I would like to be an ally for you and assist you at your open house events by providing answers to questions about financing on location. I am prepared to help you roll out the red carpet for your upcoming open houses with the following info-marketing materials:

  • Pre-qualification on the spot
  • Sample financing options for the property
  • Current "Hot List" of loan programs
  • Information about the credit scoring process
  • Tips for credit cleanup
  • First Time Home Buyer's Guide*

As a follow-up, I can also provide pre-approval for prospects so they may shop as a cash buyer. Your seller will receive legitimate offers through this process, and I will be able to weed out any unqualified prospects. I have a sophisticated database management system for follow up, and I ask many questions about each prospect's long-term goals. This enables me to get a clear picture of what type of financing is best for them, and work with them as an advisor rather than someone who simply quotes rates and provides the debt.

It is important for you to know that my policy is as follows: My job just begins when the client's loan closes with me. I continue to monitor rates for the borrower and stay focused on helping them manage this debt. In addition, I send out a friendly quarterly newsletter, a financial newsletter, and follow up with an Annual Mortgage Planning Review. At any time throughout the life of their loan, my clients are advised to inform me of any changes which might affect their financial situation, at which point I provide them with spreadsheets to help them see what their options are.

Let me know when you would like me to work an open house with you, and provide me with the property information so I may prepare relevant materials to outline financing options for the home.

*RESPA laws require Real Estate professionals to pay a proportionate amount of the costs for co-op marketing and distribution. I have negotiated fair rates with my vendors, and I believe you will find the costs are reasonable. (See http://www.hud.gov to access RESPA ruling 24CFR3500.14.)



 

Frank Schiefelbein

Home Loan Consultant

Countrywide Home Loans

847-894-1629 Cell

630-513-4815 Office Direct

866-905-7983 Fax

888-265-9824 Toll Free

http://www.frankforhomeloans.com/

frank_schiefelbein@countrywide.com

FREE PRE-APPROVALS!!!!

Lending available in ALL 50 states!

 
This post has been included in Illinois Information McHenry County, IL Information

3 Comments on Make Your Next Open House a Winner - Provide Prospects with Finance Options

Great partnership idea w/ Realtors. We work very closely with ours and it makes a huge difference.

09/21/2007 11:06 AM by Nancy Moeller (RE/MAX Real Estate Services)


I commented on an open house blogg a while back about having lending options available at opens, and how I always have a lenders schedule for the next week with me so that I can set up appointments to get buyers pre-qualified before we start a home search.

I would suggest that if you are going to do an open house near Frank, call him and get his schedule. When you close on the buyer at your open house for an appointment, you are also providing an addition service by guiding them through the approval process.

09/21/2007 11:11 AM by Roy Kotz (NPDodge)


What about putting out flyers from your mortgage side of the view and not the agent? I know this is instead of calling you during the open house. But if you have a couple of different people you do not want to lose one couple over the other?

09/21/2007 11:21 AM by Susan Trombley Re/Max Broker Raleigh NC & Surrounding Areas (Re/Max Hometown)


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Loan Officer: Frank Schiefelbein -      FrankForHomeLoans.com (Countrywide Home Loans)
Frank Schiefelbein - FrankForHomeLoans.com
Saint Charles, IL
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