I know there is a big push for agents to also do their own loans with the argument, ............Why give someone else the loan commission, when it is your client. This argument is illogical. Why don't you do your own roof inspections. Or what about Pest Control repairs?
To do either job takes time, experience and a certain amount of people skills. If you try to split these duties, you will never become good enough at either to be an A player. I know 1000's of agents, many of them top producers. NONE, let me repeat, NONE of them do their own loans. I also know some top retail loan agents. None of them do real estate.
Now, I have met several retail lenders who decide that they should do the real estate transaction because the buyer called them first about a loan. Again, I don't think you are serving your client.
The NAR code of Ethics addresses this by suggesting that agents should not engage in work that they are not qualified for. Typically, this means that residential agents should try to broker a Business OP, or sell raw land. But, I think it also applies to the Lender/Agent phenom.
What do you think??