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RE Agents, what do you look for from LOs?

By Bryan Flynn

Mortgage and Lending with Regency Mortgage Corporation NMLS #16825

March 06, 2008 01:01 AM

Attention Real Estate Agents!!!!

I would love to hear your opinions on what you look for when choosing to work with loan officers, what impresses you, what irritates you, what is most important, what is least important.

I am looking to spark up some great comments in order to help both professions work more closely and congruently together in the time to come...when I think we need it the most because of what we are up against with market conditions.

Let us have it!!!

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Brian Schulman

Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA

Lancaster County PA RealEstate Expert 717-951-5552

Bryan, the thing I have not yet found in a LO is one who would give back referrals to an agent that gave them steady business.

Mar 06, 2008 01:12 AM

Sharon Paxson

Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA

Newport Beach Real Estate

I agree with what Chris wrote above - however the number one thing is to answer their phone or if they are unable to call back in a timely manner!!!!

Mar 06, 2008 01:29 AM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Chris, for them to look at the Purchase Agreement and make sure the finance contingency is removed by that date. Phone calls are good too, especially to the nervous buyers.

Mar 06, 2008 02:00 AM

Bryan Flynn

Regency Mortgage Corporation - Worcester, MA

Central Mass and Worcester Mortgages

thanks for the responses

Mar 07, 2008 12:01 AM

Annette Thompson

Texas Real Estate Services - Bryan, TX

College Station Real Estate

Hi Chris,

I agree with Chris and Missy on the following qualities I look for:

Good bedside manner, especially patience with first time home buyers
Ability to solve problems and find ways to help my clients buy homes
Referrals

I also choose lenders who can do FHA mortgages with downpayment assistance programs and who will partner with me on lead generation.

Jun 03, 2008 12:54 AM

Christina Dowell

Worcester Property Management LLC - Worcester, MA

Bryan,

For me it is all about dependability and knowing you will take excellent care of my client. I only refer mortgage professionals I know will do an excellent job for my client. Also, as others mentioned, a two way referral street. I like to have a good working relationship with mortgage professionals so they feel comfortable referring business to me.

Jun 18, 2008 05:12 AM