MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

They Are Bailing Out!

Loan Officers and Real Estate Agents are finding it tough sailing. The larger portion of the lending force have few qualifications. They feasted on refinances. A signifcant portion of the agent force did well when so many buyers and sellers were to be found.

Last year many tried to make it part time. It is getting discouraging and many are bailing out. That is good. Those who survive do so because they love the business, have proven themselves, or are so danged determined they are the type of agent you want to work with.

Just be careful that when picking an agent or lender you don’t find one half way down and not yet landed in their new career.

Can’t you just hear the guy jumping above as he yells Bonzaiiiiiiiii. Yes, that is a good one. From real estate to landscaping. I love it. lar

3 Comments so far

  1. Teresa Boardman March 9th, 2007 5:04 pm

    Same with Realtors, there are the appliance realtors and the part timers. They don’t know their stuff because they don’t do it 16 hours a day, 7 days a week. I guess consumers have a choice they can pick the agent that also works at Jiffy Lube or they can pick a full time pro. Interesting, the agents with the full time jobs don’t seem to be hurting, they still get a steady paycheck and have less to lose than consumers do. oops too serious. :)

  2. Marc Brinitzer March 13th, 2007 3:09 pm

    I was at the car dealership the other day looking at a used car. The saleswoman asked what I did, and when I told her, she replied, “I’m a lender too!”

    Really…..

  3. Larry Cragun March 13th, 2007 9:19 pm

    funny

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