Someday, I'd like to hold an employer-required class for real estate service company employees to reveal to them a number of things that they've either never been taught or never bothered to consider.
One of those things I would like to drive home, and then drive home again, is that the real estate agents are their clients, it's not the agents' clients. Here's why.
In the main, a huge percentage of the business title companies and their escrow officers, mortgage companies and their individual loan officers, home inspectors, and home warranty companies, come to them on the recommendation of real estate agents. It's … (3 comments)
Long before I was out of college, I had begun my business career as a mortgage loan officer; first for a bank, later for another bank and then for a savings and loan.
That was in the days when savings and loans were perfectly set up and governed, so that they could pay a bit more interest on savings accounts than banks could, but were primarily restricted to making one to four family home loans.
Texas had a very strong homestead law. It was there to keep people from doing dumb things that would … (4 comments)
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