D.O. discusses the five things mortgage loan originators should do in response to the recent NAR commission lawsuit settlement:
1. Meeting with hundreds of real estate agents to be a solution provider and share insights on selling value upfront. ๐
2. Educating realtors on the basics of loan programs, seller contributions, and sharing information gathered from meetings. ๐
3. Emphasizing the importance of collaboration between buyer's agents, listing agents, and lenders to find mutually beneficial solutions. ๐ค
4. Shifting some marketing attention to connecting directly with consumers, as referrals may not be as strong going forward. ๐
5. Thinking outside the box, such as potentially offering real estate concierge services to mortgage clients if buyers end up needing more support. ๐ง
๐ Sign up for the TLOP Newsletter for more insights - https://tloponline.com/dos-industry-insights/ย
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