Does my realtor know what he is talking about??

[Rick Oaks]

So I’m trying to buy a rental unit with 15yr loan and I tell my realtor I’m trying to get a better rate on my loan. He proceeds to say

“ why are you worried about the rate, it’s a write off “. This comment really worries me coming from somebody in this industry for 40+ years. I think it’s a REALLY bad comment. Am I wrong to question his expertise?

[Russell Brazil]

Real estate professionals never shop rates.

Laymen always shop rates.

Got to ask yourself, why the people who do this day in and day out arnt shopping 25 lenders to save an eighth of a point, while the people who do it once a decade are obsessed about it.