We are told that the shortage of inventory is because current owners are not willing to list their home for sale. So where is this excess of buyers coming from who are bidding up list prices? Don’t they have homes to sell?
you got it, artificial low rates, AUS (automated underwriting system), Net proceeds (over list sale) from one markets transferred to different market – ask who bought that home? did they used a low down, artificial low interest loans to over bid list price? you’re asking the right questions. https://pbs.twimg.com/media/DWiV0ZyX4AIhGUO.jpg
I agree your mortgage lender can totally help seal the deal by taking the time to review their finances with them and show them ways/areas they can make adjustments that would be of money saving benefits.
I have used this idea for years and have incorporated it in the name of the company. As a one person operation I have to use every trick in the book to compete against the high dollar agencies.
MBS Highway is a communication tool that will help you improve your batting average and turn more conversations into applications. Every morning, you’ll receive a coaching video from Barry Habib which will help you beat your competition and be a true advisor in this rapidly changing environment.
The National Association of Mortgage Brokers is the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973.
In addition to mandating members adhere to a professional code of ethics, NAMB provides mortgage professionals with education opportunities, and offers rigorous certification programs to recognize members with the highest levels of professional knowledge and education.
Ryan Hills and his team over at the RESource are great friends of ours. Tune-in their latest weekly episode right here on the home page of the National Real Estate Post. Ryan delivers fantastic content beneficial for both mortgage and real estate professionals.
Andrew Berman is a wonderful friend of the NREP Daily. His MNN shows are always insightful with great guests. Be sure to tune-in to MNN right her on the National Real Estate Post to see what Andrew has in store for you. Great content for mortgage and real estate pros alike!
Shred Media is the first professional development agency for the real estate & mortgage industry. Shred Media was created for industry professionals by industry professionals. We understand that you have to stand out to stay relevant to today’s consumer. That is why we are hustling daily to build a community where today’s top influencers and thought leaders come together to collaborate.
Two of our favorite guys over here at the NREP Daily. Ray and Dan are true leaders within the real estate industry and their weekly shows prove it. They bring great content and amazing guests to you in a fun and interactive way. Be sure to visit them by clicking the button below so you get notified when they go "live" on Facebook. Trust us, these guys are great!
We are told that the shortage of inventory is because current owners are not willing to list their home for sale. So where is this excess of buyers coming from who are bidding up list prices? Don’t they have homes to sell?
First time buyers
you got it, artificial low rates, AUS (automated underwriting system), Net proceeds (over list sale) from one markets transferred to different market – ask who bought that home? did they used a low down, artificial low interest loans to over bid list price? you’re asking the right questions. https://pbs.twimg.com/media/DWiV0ZyX4AIhGUO.jpg
I agree your mortgage lender can totally help seal the deal by taking the time to review their finances with them and show them ways/areas they can make adjustments that would be of money saving benefits.
I have used this idea for years and have incorporated it in the name of the company. As a one person operation I have to use every trick in the book to compete against the high dollar agencies.