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. 👈
2. Educating realtors on the basics of loan programs, seller contributions, and sharing information gathered from meetings. 🎓
3. Emphasizing the importance of collaboration between buyer's agents, listing agents, and lenders to find mutually beneficial solutions. 🤝
4. Shifting some marketing attention to connecting directly with consumers, as referrals may not be as strong going forward. 📈
5. Thinking outside the box, such as potentially offering real estate concierge services to mortgage clients if buyers end up needing more support. 🧠
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▬▬▬ Contents of this video ▬▬▬
0:00 Intro
3:09 Background on the NAR settlement
8:41 5 Tactics to THRIVE in a Post-NAR Settlement Era
10:32 #1: Meet with real estate agents to discuss solutions
12:37 #2: Educate realtors on seller contributions for different loan types
19:13 #3: Express the importance of collaboration between agents and lenders
23:38 #4: Shift marketing efforts to a consumer-facing approach
27:27 #5: Think outside the box - offering realtor services to mortgage clients
24 май 2024
