No Broke Months For Salespeople - Choosing the Right Lender to Work With

Episode Date: March 22, 2024

Choosing the Right Lender to Work WithReal Estate Coach Dan Rochon from No Broke Months for Real Estate Agents highlights a crucial aspect of real estate – choosing the right lender.Dan explains that applying for a loan can be daunting, but this step-by-step guide makes it more manageable.  Choosing the right lender is a crucial step in achieving your financial goals. In the latest No Broke Months for Real Estate Agents episode. To find out more about Dan Rochon and the CPI Community, you can check these links:Website: No Broke MonthsPodcast: No Broke Months for Salespeople PodcastInstagram: @donrochonxFacebook: Dan RochonLinkedIn: Dan Rochon

I'm looking for people who are going to, that I can trust and know that are going to go through a brick wall to be able to make sure it works. Even if it's not possible, they're going to put the effort into it. Okay. So as you do more and more business, you'll start to know the different lenders. And that's something that's important for you to know as well, and share that with your clients. Welcome to the No Broke Months for Real Estate Agents podcast. Working as a real estate agent can be incredibly rewarding and fulfilling, but it can also be frustrating if you aren't making the money you deserve. So if you're ready to end the stressful cycle of working hard for no results,

then get started with a proven step-by-step system so that every month is No Broke Months. My name is Dan Rochon. I'm the host of the No Broke Months podcast, which is a show for real estate agents to help you have no broke months. Thanks for joining me. Enjoy the show. Choosing the right lender to work with. Real estate coach Dan Rashan from No Broke Months for Real Estate Agents highlights a crucial aspect of real estate, choosing the right lender. Dan explains that applying for a loan can be daunting, but this step-by-step guide makes it more manageable. Choosing the right lender is a crucial step in achieving your financial goals. In the latest No Broke Month real estate agents episode you're going to want to make sure that you're um that you're talking to the lender the first call

that i make when receiving offers is to the lender and i want to know mr lender have you actually looked at their pay stubs have Have you actually looked at their, have they gone through desktop underwriting? Okay, not just have you taken an application? All right, I want to know exactly what have you done to be able to qualify this buyer? I'm the listing agent in this case. And I'm going to ask them a point blank question. Mr. Lender, will we get to closing? Because ultimately, that's what I care about for my clients, and that's what my clients care about. And I want to have that lender to give me faith. Now, here's the deal. There's lenders out there that I've worked with in my local market that I know are not problem solvers. There was one I did a deal with not too long ago,

and I did another deal with this guy five or six years ago, same fricking thing happened in both transactions, which was, there was problems. And he was just like, ah, I can't do anything about it. Sorry. We'll see what the, you know, we'll see what the underwriter comes back at. Right. Where for me, I'm looking for people who are going to, that I can trust and know that are going to go, you know trust and know that are going to go through a brick wall to be able to make sure it works. Even if it's not possible, they're going to put the effort into it. Okay. So as you do more and more business, you'll start to know the different

lenders. And that's something that's important for you to know as well and share that with your clients. It is a point of the parties that are involved in the transaction, the agents, the lender, et cetera, that is all something that is, in my opinion, important information for the seller to know. Because, again, if it's apples to apples and you've had a bad experience over here with the people holding this apple bucket, you may want to direct them over here. But, again, it's their decision. So if you have multiple offers, you're going to do a point by point comparison of those multiple offers, right? Where you're going to outline all that, you're going to help them to develop a counter offer, and you're going to discuss with the submitting agent. Thanks so much for listening to the No Bro months podcast today until the next show i invite for you to be grateful make good choices help someone have the best day of your life and go

find a listing