Spam prevention
Ambassador
4,298,326
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

May be I am lucky!

I do get lots of buyers from my lender - almost 30% of my business comes from my lender. He also provides me with some listing leads that I am working on right now.

As I said, I am lucky to have such a wonderful lender partner.

Feb 22, 2015 11:23 AM
Rainmaker
745,197
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

None in 2014.

None in 2013

None in 2012.

How much business have I sent to a lender in that time?

62!

So, who ready to be an EQUAL partner?

 

Feb 22, 2015 01:06 AM
Ambassador
907,585
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

I have a great Loan Officer. He personally has given me his listing. His sister in-law and at least 10 buyers in 2014. I have sent him several re-finance's as well. We help each other. 

Feb 22, 2015 11:19 AM
Rainmaker
4,796,557
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think it's been less than a handful in 10 years.  Yet, they all keep asking for my business.

Feb 22, 2015 04:45 AM
Rainer
279,248
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Buyers.

Jul 01, 2018 10:30 PM
Rainmaker
629,063
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Buyers, of course.

Feb 16, 2018 11:07 PM
Rainmaker
633,936
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I work with several lenders and get some referrals from them.

Feb 28, 2015 06:35 PM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

None.

Feb 22, 2015 08:44 PM
Rainmaker
298,670
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I am being more stategic in my choice of lenders for this very reason.  I have sent probably 500 buyers to lenders over the years and have gotten about 20 referrals back in return.  As a result, I had a lender pay for half of one of my mailings this year and he has already referred a buyer client to me.

Feb 22, 2015 03:28 PM
Rainmaker
1,675,306
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

The best referrals from the Lender is the ones that are already pre-qualified.

Feb 22, 2015 01:23 PM
Rainmaker
2,394,765
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

The best kind, pre-approved and ready to go!

Feb 22, 2015 10:08 AM
Ambassador
1,118,090
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

It pays to have a lender that does not service many realtors.  I never got a lead from one that represented a bunch of realtors

Feb 22, 2015 09:42 AM
Rainmaker
1,218,679
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Chris Mamone ... I have written posts .. and remarked on my preference for potential Buyers to get to me (a Lender) first as they enter their home buying transaction many many times.  Why do I recommend that?  Credit reasons ... and enhancement of positioning regarding that credit.  The sooner they begin that work, the better results they reap.

Each and every time I've written that suggestion, the majority of agents commenting to my post say they prefer otherwise.  That the agent be the first point of contact.  That's the sentiment I see suggested most often in media as well.  Obviously making it the advice most often seen by potential Buyers.  It's my opinion that agents and their larger associations do a much better job of marketing, representing, and guiding the public than lenders do.

That's the order in which I see most of my Borrowers start their process.  Agents have been successful in getting their message across.  When I can, I refer to agents.  It unfortunately just doesn't happen that often.  

Agents can't expect that if they advertise and market themselves as the first point of contact effectively ... that potential Borrowers won't follow their advice.  Not to say that we Lenders shouldn't and can't refer more often.  But again, it's been my experience that those opportunites just don't open-up for me as often as they do for agents.  I wish they did ...

Gene 

Feb 22, 2015 05:05 AM
Rainmaker
3,977,733
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't get very many, but the ones I do get are the ones ready to buy.

Feb 22, 2015 03:53 AM
Rainmaker
4,026,777
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I used a Wells Fargo lender years ago, and usually get 2-4 buyers from him every year.  Last year even got a Seller!  

Feb 22, 2015 03:27 AM
Rainmaker
305,939
Cindy Davis
SD Home Source Realty - San Diego, CA

None

Feb 22, 2015 12:52 AM