Re: ATT Real Estate Agents... What do you want in a mortgage broker?

Re: ATT Real Estate Agents... What do you want in a mortgage broker?

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 Re: ATT Real Estate Agents... What do you want in a mortgage broker? Jay Reifert Reply Send to a Friend   Print
 
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ATT Real Estate Agents... What do you want in a mortgage broker? UNOME 03-27-2006

You can only imagine how it would break my heart if this
were the last time you would "indulge" me. <smirk>

Post, here, your list of five. I didn't see them, below,
and I won't waste my time looking across Usenet for them.
I already told you why I won't put you on my short list,
however, that's only part of the reason. The other part
has to do with the babysitting originators aspect of my
real estate business and the fact that most loan originators
do not know how to comply with the four things that ARE
crucial to any good agent who works with buyers...but
especially to those who work FOR buyers. (I am thinking
the distinction is probably lost on you, but, maybe
not.)

So, post your five things and, as I said, I will be glad
to credit you in the areas in which we agree, if any,
and will even educate you on the areas where we do not
agree...those being the ones that I KNOW are the most
important points, because all **I** do, is work for home
buyers.

So, respond if you care, or exercise your option to
withhold "indulgence". I do not care. It is, however,
your chance to prove how smart you are.

http://www.real-reform.org/pcnonebas.pdf

--

Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-agents@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.




$cott wrote:
> Jay,
>
> I assume you are responding to me, so I'll indulge you (most likely
> for the last time):
>
>
>> As for offering my clients a deal, what good does it
>> do if you're only saving one of my clients a little
>> bit of money on one transaction? You could easily
>> take a loss on one transaction to get your bragging
>> rights, and then go back to your normal fee structure.
>
> RESPONSE: You previously posted that you INSIST that your buyers
> "cross-shop" you to ensure that they are getting the best deal; your
> statements above are not in the spirit of your initial assertion.
> What way do you do it; steer them to known non-competitive entities to
> justify your YSP/fees?
>>
>> You've done nothing on this forum to indicate to me
>> that you're worthy of my trust. You do not even know
>> what is most important to licensees, as evidenced
>> by your inquiry.
>
> RESPONSE: I enjoy you. I seriously doubt that you have taken the
> time to read my previous posts, but I've just taken the time to read
> yours. You have been active on Google Groups since Mar 29th and the
> humorous thing is that you have been single minded in posting the same
> thing over and over and over again (check it out yourself by clicking
> on "view profile" next to his name). "Home Buyers Beware....Realtors
> Are Your Rights" 123 times. I won't take it personally if you do not
> trust me, your opinion is without merit or substance.
>>
>> Let's see if you can guess them, and explain why they
>> are important. Every time you make a wrong guess, I will
>> post one of them here. You might learn something yet.
>
> RESPONSE: I've posted what I've learned to be the 5 motivating
> factors, how many have you listed? Why do not you guess why I'm wrong
> and explain why they aren't important? I think that if you did that,
> we would all learn something. Let me give you a hint, it has nothing
> to do with procuring cause Mr. 123.
>>
>> I've my originators license so it is legal for me to
>> comment on lending documents at the closing table. It
>> is beyond the scope of my real estate license to comment
>> on those documents, with a few exceptions. It is my
>> wife, with my assistance, who handles the mortgage end
>> of things. She has no real estate license.
>
> RESPONSE: That's great, but what does that have to do with the
> thread? Do you think your tireless self promotion builds credibility
> with anyone other then your own ego?
>>
>> Try to rein in your jealousy. Not all licensees have
>> an interest in being involved in the mortgage business.
>> It's unlikely to have a major impact on you anytime
>> soon.
>
> RESPONSE: For the second time, I neither fear or envy your entry into
> the lending industry. This is a multi-trillion dollar industry, with
> 500K loan officers and + 10K wholesalers servicing that number;
> insurance cos. and Wall Street are in on the act.....Donald Trump
> opened up a mortgage company a couple of months ago and Walmart is
> thinking about giving it a try and trust me when I say, I'm least
> worried about what you and your wife are doing. I now realize why you
> have opted to do financing in-house; nobody could possibly service
> that ego of yours. I must admit though, you are one of a kind....The
> kind that I choose to ignore.
>>
>> PS: We're with a mortgage banker. By the way, I do not
>> believe for one minute, given what I know about rate
>> matrices, that you can actively track five hundred
>> investors. Having them is one thing. Knowing what
>> each of them is offering is quite another.
>
> RESPONSE: You have no idea how my organization handles this process,
> but I will give you a clue.....IT and data mining. Intranets connecting
> investors with LOs and proprietary databases (stuffed with guidelines
> and rates) searchable by a variety of variables are just a few of the
> protocols that I've at my disposal. Again, I offer to demonstrate
> my point by taking one of your clients and challenging your
> conventions. It's put up or shut up time with me bub, otherwise I
> will have a hard time taking you seriously in the future. If your
> true motivation is what is best for your buyer, and you insist that
> they shop you to ensure that they are getting the best deal, then add
> me to the bid list.
>
> Regards,
>
> Scott Miller
> Commercial and Residential Lender/Broker
> 1.877.716.6495
> EZMortgageLoanz@aol.com
>>>>>
> www.RealEstate-IQ.com
> www.EZMortgageLoanz.com




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