Updated 25 days ago on . Most recent reply
The lender relationship most agents treat as a transaction afterthought
The lender relationship most agents treat as a transaction afterthought
here is what it actually is
one of the highest-leverage referral relationships in your business
here is how it works in both directions
direction 1: you to lender
every buyer you represent needs a pre-approval
if you have a trusted lender you refer consistently, that lender sees a steady stream of business from you
and they return the favor
direction 2: lender to you
buyers who cannot qualify today get referred to the lender's credit repair process
in 6 months they qualify
the lender refers them to the agent who helped them get their referral business
Which agent do you think gets that referral?
the one who sent the lender business consistently
lenders also talk to sellers
sellers doing cash-out refinances often become buyers after their refi
lenders who trust you tell those sellers "i know an agent"
one strong lender relationship maintained properly
through consistent referrals and genuine professional partnership
generates 4 to 8 additional transactions per year
without a single lead generation expense



