If you are a Mortgage Broker, JUST CALL YOURSELF A BROKER!
If you are "direct to the check writer", why don't you just call yourself a Broker? A Broker is someone that "brokers" a transaction. For those that lie or are embarrassed that they are Brokers, that means that if you do not either write the check, wire the funds personally, or work for a company that writes the check or wires funds, then YOU ARE A BROKER!!!
"Direct to the check writer?" That means that you are not successful enough to write your own check, you weren't able to secure employment working for a real, direct lender, and you are embarrassed to call yourself what you are, a Broker.
Brokers: If you would all just learn the business before you start pretending to broker loans, than you would actually have the expertise and knowledge to do a good, quality job helping people secure funding. At that point you can get paid handsomely for helping others buy properties. If you know what you are doing, Brokers like you would not have such a bad reputation. If all Brokers were honest and knowledgeable, then the word Broker would no longer be dirty.
To those jokers saying that you are "direct to the check writer"... I will start deleting you from this site very soon.
Brokers, learn from a successful Broker. Know the mortgage business and also know the basics of real estate investing so that you can do a good job helping others buy and refinance properties. This will get you paid and give you a good reputation.
Also... This is a professional business website. Is it too much to ask that you be a grown up and post a picture of your own face on here? Nobody wants to see the universal scam picture of the red canyon or a picture of a European castle that you found on Google. Your own face will do just fine and it doesn't matter what you look like, just that it is YOU! I don't post my photo because most know who I am and I need to separate myself as owner so I use the blue shield and call myself Admin. When you own a site that is viewed 1600 times a day then you can do the same thing!
Thank you all for reading this and hopefully laughing at the fake Brokers. Have a great day and do some good business!
Admin
Just a little rant, which I don't do often enough
Comment
In love with this post :)
I am a BROKER and this is a great post. Appreciate the honestly and love your website.
This post from 5 years ago is still 100% accurate and appropriate
I agree 100%. Keep up the good work. This is the best funding site for investors on the internet.
Craig Mayes
Do you know anything about James Hatfield?
Good post. Very True - if you do not have your own funds then you are a BROKER! If you cannot call yourself what you are and just be happy that you provide a valuable service that can help the process, just leave the business and get a 9 to 5 job. Mortgage brokers can be useful but only if the service is provided with integrity. How hard is it to find a real lender? I think that most educated people can tell within a few minutes of conversation and doing an online search whether or not they are dealing with a real lender or a low lever broker or scammer. Do your own due diligence and you will not be taken for your money.
Amen!!!
Some Firms claim to be Verified Lenders, Direct Lenders and Equity Firms but,are just brokering their transactions. Having an Escrow Company does not mean you are a Lender. A true Private Equity Firm raises Capital and Manages the raise accordingly.
If they dont have their pown Balance Sheet they are not a Direct Lender.
Im with you !
Tara Azaroff
402-202-4587
© 2021 Created by Admin.
Powered by
You need to be a member of Real Estate Finance to add comments!
Join Real Estate Finance