We acquire doors from competitor PMCs every week. 

I would recommend them over any of their competitors from my experience.

A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.

We have a competitor who owns a property bordering a major river and they are constantly booked and their rental is nice but not not that nice.

You need to know what your competitors are charging and what they are offering.

He's less likely to lose deals to competitors and also for future deals sellers know he comes in with fair prices and are more likely going to want to do business with him over others.

You will see all your competitors, their pictures, amenities and most importantly: their pricing.That is your hyper-local intel.

I check my "competitors" from time to time and there's a lot of empty slots in their calendars for the late spring and summer, just like mine.

Citizens Bank offers a competitor rate - Also a bank with an existing relation ship will offer you good terms.

Drive to MIT walk in and ask to speak with the professor of computer science and ask which student is the best programmer and hire that student, you will also have more power to negotiate because students are broke and they will do anything to get money so you will save.3: I would implement a map where I can see all the properties in the area and I would have filters in place so I can see what I want from comps, to prices, etc I would STUDY my competitors and take everything they have and create an all in one app.