Real Estate Agents Can Now Get Paid on Mortgages

[Darren Sager]

Real Estate Agents, Realtors, Real Estate Team Leaders and Real Estate Brokers,

We’re having a live webinar that will show you how you can legally get paid out on mortgage origination (fully RESPA compliant) WITHOUT adding extra work to your already busy real estate schedule. And most likely, if you’re like me, you could already be doing the work necessary to get paid.

What? I can get paid on mortgages? I was told that was impossible. How do I sign up to find out more? Easy, just scroll all the way down and you can easily click the link to register. Need more info? Keep reading:

Were you aware that we (agents & brokers) generate most of the business for the mortgage industry (outside of refi’s). An agent on our team just spoke to a lender friend and they said more than 90% of his business came from agents. Doesn’t matter if you’re serving some of the hottest real estate markets right now like Raleigh, Tampa, Austin, Charlotte or Nashville. Most likely you’re the funnel out there that’s creating business for the mortgage industry. I know, I was for many of our lender “partners”. We’ve all made them a LOT of money. The funny thing about lender partners is they do everything in the world to get business from us, and then they do very little afterward other than ask for more clients.

Now for years we've all heard that technology is going to "eliminate real estate agents". Look at Zillow. Its founder put thousands of travel agents out of business with the creation of Expedia. Pundits called out that the same thing would happen to us. And yet the number of agents has actually grown quite dramatically over the last decade to their highest level ever in 2022 according to the NAR.

Yet few pundits have been focusing on the mortgage industry (on a side note Steve Brown, the Bald Futurist has and you should check him out. He predicts that technology will decimate the industry). Most people don’t shop for a mortgage first. They shop for an agent, including here on BP thru it’s Find An Agent platform (located on the top of every page). And what is the next step that the best agents take once they have a new client? We find out what they can afford on the lending side if they haven’t proven to us they can pay cash. We send them to a number of lenders that have made us feel great about working with them. They issue a pre-qual or a pre-approval. We get to work. Then they “help us” get to the closing table so we can get paid. It’s win-win. Or is it?

Now there are absolutely great lenders out there. Very hard-working individuals. I’ve known plenty over the past 15 years of having my real estate license. Yet despite me filling their plates with clients, I can say it’s been a pretty one-sided relationship in most cases. Can’t say I’ve ever once gotten a qualified buyer from a lender. Few give them out. Why? Most don’t generate their own business. Again, it’s coming from us agents in places like Nashville, Phoenix, Jacksonville, Atlanta and Orlando. All top selling markets currently in the United States. The most we’re getting is a year-end gift. And just so everyone’s aware that’s reading this. Lenders aren’t legally allowed to compensate agents for driving their business. It goes against RESPA compliance. You can read about all that here if you want.

But what if there was a way that we could get paid out? Legally & fully RESPA compliant. Isn’t that worth an hour of your time? We will be discussing the latest groundbreaking developments that now make this possible, increasing your earning potential. And if you’re currently a lender and want to learn how you can truly make those who drive your business your true partners, you’re welcome to attend and find out too what’s going on.

During the webinar, you'll learn how we've streamlined the mortgage process using AI (yup that new fancy buzz word), how you can now actually service your clients better because of it, and now earn commissions for originating loans for an FDIC insured bank that's been in business for 110 years.

When is this happening:

Thursday May 4th, at 1pm Eastern, 10am Pacific. Online.

YOU CAN CLICK ON THIS LINK TO SIGN UP

Some FAQ’s:

Does it matter what state that you’re licensed? No it doesn’t. You can be generating business in Orlando, Seattle, Philadelphia or Miami. Dallas or Pittsburg? Not a worry. From Los Angeles to Boston it doesn’t matter. This is available in all 50 states, even Washington DC.

Is this open to anyone with a real estate license?

There are some minimum production requirements for those licensed to be allowed into the program. We’ll discuss those on the webinar. And even if you don’t qualify yet, there are ways for us to work together until the production point is where you would qualify.

Is there a fee to attend?

No. We understand that your time is valuable enough, which is why we've designed this webinar to be informative and engaging.

Will this event be recorded so I can watch at a later time?

No. This is a live event and no recording will be made available. If you’re still interested in finding out more, register and we’ll follow up with you. Just let us know when you get the link to join that you won’t be there live in person.

What types of loans does the bank offer?

Conventional, FHA/VA USDA, Non-QM, Jumbo, and Investor friendly products including lending into LLC's. Join the webinar to ask all the different products available to help serve your clients best.

What if I have additional questions?

We’ll have plenty of time for you to ask your questions. The only thing we ask is that you mute yourself until after the primary presentation is given. Then you’re more than welcome to ask away.

YOU CAN CLICK ON THIS LINK TO SIGN UP

We look forward to seeing you there!