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Updated over 9 years ago on . Most recent reply

User Stats

222
Posts
34
Votes
Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

Require X-Qualification to Avoid Agent/Brokers with Fake Buyers

Neil G.
  • Investor
  • Socal
Posted

CROSS-QUALIFICATION Requirement.. In cases where neither a brokers' open nor periodic open houses is feasible, is requiring buyers interested in seeing property to first CROSS QUALIFY with a specified Mortgage Broker (in the MLS)) a good way to screen out the plethora of buyers just 'window shopping' often not even 'really' qualified other than per their own or their agent/broker's word?

And what sort of referral fee would be reasonable to be expected from promoted Mortgage Broker if they end up financing the deal??

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