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Why Do Real Estate Agents Recommend Lenders?

By
Services for Real Estate Pros with Keller Williams Realty Gulf Coast Your Resource inPensacola

 

Because when good agents recommend certain lenders, those lenders are thought to be  competent and effective and get the job done — on time.  Excellent lenders do not call the day before a scheduled closing with unwelcome surprises about the loan processing or the appraisal.  They do not disappoint clients because they did not complete their work on schedule, or in a timely manner.

That means: Closing day isn’t postponed because of a lender's time management issues.

We recommend certain lenders because they offer reasonable rates and fees and facilitate smooth closings without abrupt surprises.  We recommend certain lenders because they have reputations for completing their work on time and for communicating well with clients throughout the process and especially when unexpected issues arise.  We recommend lenders because they have proven capability to process loans in a timely manner and work through unwelcome surprises early in the process. We recommend certain reputable  lenders because we have experienced their quality delivery of services in the past and expect they will deliver quality service to our clients again and again.

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Marcia Kramarz
Re/Max Executive Realty - Medway, MA
CDPE,LMC,CBR

You can say that again!  I just finished a close that had 7 time extensions!  It's true that the first 3 were due to inspection issues - but the last 4 were due to delays associated with the financial commitment - It was NOT a lender that I knew and it's not a lender I would want to work with in the future - and it's because we were down to the wire each time we needed to ask for more time - SO MUCH Better when I am working with MY trusted professionals... Thanks for the post ...

Jan 05, 2012 12:01 PM
go to RealEstateFaster.com & get 20 Listing Appointments per month
Real Estate Faster - Los Angeles, CA

Great points on why certain lenders are recommended, especially reputation and prior reputable working experience with them.

Jan 05, 2012 12:02 PM