Realtors as originators

[Amy Bonis]

Just introduced myself and wanted to discuss the idea of one-stop shopping for home buyers. Loans & homes in one place.
If a realtor could offer the client (client requires a purchase mortgage or re-fi, ) another competitve quote as part of their normal loan shopping process....then have an experienced loan coordinator pick up the transaction, price, structure, follow-up and close the transaction........how would that be received?
Assume competitive means just that. Fee's rates services...
As a part time W-2 employee of our company, suitable licensed for their state, the realtor would look like a star, increase their value to the client and earn 30% of the loan revenue as well.
What's your thoughts on this?
We're finding a great deal of excitement once people get past the knee(jerk) reaction..."This ain't possible" It is.

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