D.O. discusses the five things mortgage loan originators should do in response to the recent NAR commission lawsuit settlement:
1. Meeting with hundreds of real estate agents to be a solution provider and share insights on selling value upfront. π
2. Educating realtors on the basics of loan programs, seller contributions, and sharing information gathered from meetings. π
3. Emphasizing the importance of collaboration between buyer's agents, listing agents, and lenders to find mutually beneficial solutions. π€
4. Shifting some marketing attention to connecting directly with consumers, as referrals may not be as strong going forward. π
5. Thinking outside the box, such as potentially offering real estate concierge services to mortgage clients if buyers end up needing more support. π§
π Sign up for the TLOP Newsletter for more insights - https://tloponline.com/dos-industry-insights/Β
Mortgage News | Ep. 432
The Power of Industry Knowledge | Insights from HousingWire CEO Clayton Collins | Ep. 431
The Future of Finance: A Live Q&A with UCF Business Students | Ep. 430
When Is the Right Time to Buy a Home? | Ep. 429
AI, Fintech, and the Next Generation of Leaders: Insights from UCF's Dean of the College of Business | Ep. 428
3 Steps to Building a Successful Sales Team | Ep. 427
The Power of Renovation Loans | Ep. 426
How to Generate Leads on TikTok | Ep. 425
NAR Settlement Aftermath: Opportunities and Obstacles | Ep. 423
Starting a Successful Mortgage Brokerage | Ep. 422
20-Years of Mortgage Lending Lessons | Ep. 421
House Flipping for Beginners | Ep. 420
Biden's Tax Credit for Homebuyers, Explained. | Ep. 419
How To Sell To The Next-Generation | Ep. 418
The Power Of Authenticity In Sales | Ep. 417
5 Reasons Why Loan Officers FAIL | Ep. 416
The Housing Market WILL CRASH in 2040 - Here's What You MUST Know! | Ep. 415
The #1 REASON Your Sales Are Falling Short! | Ep. 414
Chaos to Cash: Turning Disruption Into Your Next Big Opportunity | Ep. 413
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