Real estate agents are asked a lot of questions. They typically juggle multiple parties and services, and provide referrals since most buyers don’t have the specialized contacts that the realtor does. A real estate agent has a list of experts such as inspectors, loan officers, or attorneys that they can recommend when needed. When it comes to your mortgage lender, it’s good to ask questions. Ask yourself; is the realtor’s preferred lender best for me or best for the realtor?
Let’s pull back the curtains a bit and understand how and why real estate agents refer mortgage lenders to their clients.[Read more…]