Broker Bryant Dishes Out The Dirt!

Just wanted to be the first on a post that is most likely going to generate a lot of talk.   Alright, no fighting anyone.

Mario

I agree with Bob; saying every apple in the barrel is rotten is just plain wrong.  Heck, I'm sweet as pie.

Here, here... I agree as well. I understand the frustration, but I know lousy Realtors, bankers, bank reps... and mortgage brokers. We mortgage brokers take a bad rep even when it's not due. There was just as much responsibility for the buyers agent to make sure he/her had a real buyer. Bryant didn't chastise him/her...

It's interesting, when you read the Fraud Blogs, if there is a mortgage broker there is usually a Realtor involved as well.

Hey Bob, I love a debate so thanks for calling me out:) When I first wrote my post that line read.

"Bite me you lying and cheating Mortgage Brokers!!! Now unless you are a lying and cheating Mortgage Broker, which I'm pretty sure you're not, then this line does not apply to you. BUT for any who are, then yes, Bite me!!! Maybe it would have been more clear if I hadn't edited but I was trying to tone in down as I know there are many good MBs out there with quite a few being members of AR. When I edited I added this line to the bottom of my post:

***OK so I edited my language, at the last minute, before posting. I realise that things happen and I try very hard to give folks the benefit of the doubt BUT it sure is getting difficult.

Anyway, my comment was not meant to be all encompassing. So if you took offense to it then I apologize. I do however stand by my post. I hadn't realised you posted this so below is the comment I had left on my post responding to your comment.

Bob, Not true? My post is a real life event. But I do agree 100% there are bad seeds in every aspects of our business. It seems though that MB are always defending their peers when in reality there are many that are unscrupulous. I don't defend my peers at all. If they screw up they need to be held accountable. Our industry is out of control with incompetence and something needs to be done about it. The issue I outlined in my post is the norm in my market. Sorry, but I call them like I see them. The real issue is what can we do about it? Well fortunately by writing this post I have been given several excellent ideas that I will be implementing in my business practices to hopefully help protect my sellers against worthless prequals and preapproval letters. This is a major problem in my market and I'm sure in most areas. I gave this particular MB the benefit of the doubt until she called and suggested she CHANGE the denial letter so it didn't reflect the foreclosures. So, I'll ask again, what's up with that? Would you do that? The denial letter was directly from the lender and the broker wanted to change it so the buyer could get his deposit back. In this case, she IS a #!$%&* Mortgage Broker. Bob I know you don't handle your business like this. But from my perspective you are in the minority. Hey maybe it's just a Poinciana thing:) 

Bob - I thought that Bryant's response to you on his post was certainly more than adequate to explain his position. I see no reason to 'Call Him Out'.... Our industry is in bad need of some serious 'house cleaning' and his post simply reflects that need. There just as many similar rants here in the Rain that lump all agents into the same boat.

Oh, and Bryant isn't the Oscar De La Hoya of ActiveRain. His Better Half is the one who does the "BAM!' knock-out punching!...

Blog Boy...

Are you throwing it all against the wall and hoping it will stick? :)

Oh. I forgot to leave a BAM behind. LOL.

TLW...ROAR!

Rich, I understand exactly where Bob is coming from. It is very frustrating for a MB, LO, Lender, Banker or REALTOR(R) when we get lumped in with the bad. And that is exactly why we need to write about these things.  For us as an industry to pretend that every thing is "peachy" is part of the problem. It is far from being "peachy" and something needs to be done about it.

Bob, This needs to be a public post, as is mine. The consumer should be able to read these discussions. They need to know that we are aware of these issues and that it pisses us off too. They can handle it. One of the great things about AR is our ability to express how we feel and our ability to talk about the difficult issues AND the consumer being able to be privy to these conversations. By having this opportunity, maybe, with enough time, our industry will change and the public's perception of us will increase.

Bob, I'm a big boy and can take it. I don't think you came down hard on me at all. You were voicing your opinion. I write posts like that sometimes to purposely stir up a conversation. It's how I learn. For example, I didn't know a foreclosure wouldn't necessarily show up on a credit report until George Souto pointed that out in his comment. Lenn Harley also emailed me a great buyer financial form.

When instigating a heated discussion you just never know where it's going to lead and what will come out of it.  It's what I love about this place. And as I mentioned above, the consumer should be able to listen in to these types of discussions. It's good for them to see what we have to deal with on a daily basis. Even though it may be a very negative part of our business it gives the consumer respect for what "the good ones" do. It increases our value. And the fact that we are willing to talk about it shows that we are honest. Make sense?

There is a method to my madness:)