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It's OK to Ask!

By
Mortgage and Lending with RU Prepared 2 Present

Recently a Realtor who was in the process of putting a listing into the MLS asked me how ro determine the Thomas guide co-ordinates. A month ago another Realtor pulled me aside at a First Time Homeowmers seminar and asked if I could give her some information to help her understand the role the Federal Reserve bank played in interest rates. Another seasoned LO wanted to know what the Ten Year bond was doing. He thought that is what mortgage rates were based on.

The responsiblity of improving the image of our indutry is on all of our shoulders. No matter wheter you just got into the business or you have been around for years, if you are not sure about something ask, Many people came into this business when the business was booming and unfortnately some were not trained. Others have been in the business for years and were mistrained. We all need to go back to the time in our lives when our teachers told us "there is no such thing as a stupid question". Or the other statement " if you have a question others do too and are afraid to ask".

Ask questions, learn, grow.

Colleen August
Real Estate Investments - Williamsville, NY

I have to agree with you on this one 100% - the bottom line, sadly is that people sometimes think, asking questions makes them less of an expert on something, when indeed it will increase their knowledge on a specific subject.  Any time I am asked a question on mortgages or foundations, my first words are this, I am no expert (inspector or loan officer), so take what I am saying with a grain of salt, but this is what I think....and then finish with, we need to make sure we get the 110% correct answer to your question.

 

Thanks for continuing to help others, I am sure it is much appreciated.

May 26, 2008 09:59 AM
Roxanne Schilling
Coldwell Banker Lake Tulloch - Copperopolis, CA

The biggie is who to go to to ask questions.  Sometimes the people who want to give answers are people who know just enough to get themselves and others into trouble.  In other words, Don't believe everything you hear.

May 26, 2008 10:03 AM
Aida Pinto
Independent Real Estate Broker - Los Angeles, CA
Real Estate Broker (562) 884-6196

You hit the nail on the head--"Many people came into this business when the business was booming and unfortnately some were not trained. Others have been in the business for years and were mistrained."

The real estate field in in in it's "wash cycle" and many will be leaving if they haven't already!

May 26, 2008 10:23 AM