Admin

It's Only Human Nature

By
Real Estate Agent with Roberts Realty

When I first  started in real estate,, I'd have potential clients come in to the office, most first time buyers, looking for information as to how to buy a house.  I'd tell them that first they need to do is find a lender to determine if they can qualify to buy and for how much.  I'd refer them to a local mortgage broker, and never hear from them again.  My broker told me that this particular mortgage broker had established Realtors that (he or she) had an established relaitionship with, and my "buyers" were sent to them.  Does this sound familiar?

An interesting note on the history of the telephone.  In the early days of the telephone, to make a call you had to go through an operator.  In the late 1800's there was an undertaker who had reason to beleive that the local telephone operator was dirverting calls, which where intended for him, to other undertakeers.  This inspired him to invent the dialing system that has been used ever since.

Comments(6)

Show All Comments Sort:
Mark Organek
And the United States of America - Mesa, AZ
It's not a game, it's your life.

That's an example of protecting your business!  Sorry about that mortgage broker's action.  We won't even work with a referral that switches agents.  If they left the agent without disengaging from the relationship, they took without giving and they might do the same to us.  We just let them go.

Apr 04, 2008 08:17 PM
Tara Colquitt
Tara Colquitt, The Credit Woman, LLC - Philadelphia, PA
Credit Counselor

Jim not good business at all. Hope the established relationships can keep the person fed for the next few decades.

But thank you for the telephone tidbit. Love that stuff.

Apr 04, 2008 10:23 PM
Chip Jefferson
Advanced Building LLC - Lexington, SC
Its happened to us all...I am the broker now
Apr 04, 2008 11:37 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com
That is the reason I got into the real estate business.  I was in the mortgage business and when I referred out my client to real estate agents I sometimes lost them.  So I decided I could get all the business and effectively stop the stealing.  It really hurt when you worked for months on cleaning up their credit only to lose them without even getting a chance to quote a rate or take the full application.
Apr 04, 2008 11:48 PM
Blatt + Cutino
Coldwell Banker Realty - Monterey, CA
Broker-Associate 831/206-8070*Call today*

Interesting phone tip. I love trivia.

Jun 13, 2008 08:37 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Loved the trivia.

Jul 24, 2008 12:14 PM