I've been a member of realtor.com now for about a year. My membership is about to expire. It was nice having a showcase listing and being first in the list of available properties. Unfortunately, it hasn't really made a difference in my properties that I have listed. So i'm not going to renew
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04/29/2008
As a real estate agent, I didn't care too much for cold calls. But now as a loan originator, I'm finding that cold calls aren't that bad. Its a good way to get business. The one thing to accomplish is a face to face meeting. No one wants to give up their social security information or other p
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04/29/2008
As a loan originator, I've seen a number of advertisements that say that they deal with clients with low credit scores, foreclosures, ect. I'm wondering how these LO can get loans and a good rate for the clients. I'm hoping someone will post some messages about the loan programs that these LO u
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04/28/2008
It seems that doing rentals is a lot easier in the MLS. They are pretty short sales and doesn't require you to go to a closing. I've worked with a renter that came to Chicago from Germany. The transaction worked out pretty smoothly and I was sent a commission check. Now I'm just wondering if
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04/28/2008
This weekend I got to dive into using a program called POINT for entering borrower information. It allows me to do the credit check and countless other things. The file gets exported out and into Desktop Underwriter. From Desktop Underwriter, I can get approval for the file and the loan amount
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04/28/2008
Last week I had an agent call me about one of my properties that I have listed. Its going into forclosure. I'm charging my client very little because he really can't afford a lot at this time. And he's a really nice guy. Any way, I had to offer a lower cooperative commission that what I norma
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04/28/2008
I've recently started using a new service that is free and it is pretty cool. You can set up permissions to allow people to access the files via a web link. Being a technology geek, I love this type of stuff. You actually have it already if you have a hotmail account. To use it, log in to hot
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04/28/2008
This weekend I got some training taking loan applications for purchases and refi's. The program that I used is called POINT. The process of taking a loan application wasn't that difficult. It comes down to finding qualified borrowers with good credit scores. So now I'm out marketing and looki
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04/28/2008
I'm starting a new marketing blitz this week. I've decided to post to Craigs List every day. My ad basically advertises me as a loan originator and a real estate agent. I'm looking more for the first time home buyer. I'm hoping that all the ads will pay off and I'll get some really good leads
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04/28/2008
Well its Monday morning and I'm sitting here enjoying my 1 cup of coffee that I have only once per week on Mondays. The one thing that I wanted to write about today was a phone call that received from another guy from AR that wanted me to try out a new system that would allow you to pay off your
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04/28/2008