Who will be more affected by the TRID changes? Realtors or Loan Officers?

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Brian Coleman, NMLS ID #1324500 NMLS ID # 2893 (Main Street Home Loans)

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Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

Loan officers. TRID effect 100% of their transactions but only 40% of mine.

Aug 03, 2015 02:15 AM

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Debbie Gartner

White Plains, NY

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The Woodland Team of Texas

The Woodland Companies - Austin, TX

Land Specialists

We will get by.

Oct 16, 2018 01:45 AM

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Bob Crane

Stevens Point, WI

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Tony Lewis

Summit Real Estate Group - Valencia, CA

Summit Real Estate Group Valencia & Aliso Viejo

Realtors will affected and impacted most by the horrific change. Lenders deal with this type of situation daily and to them it will just be another obstacle. We, as Realtors, will feel the impact of the notice to perform and calls from agents, buyers and sellers. We need to dot our I's and cross our T's from day one of the transaction.

Aug 03, 2015 03:09 AM

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Bob Betel

Sweetwater, TN

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

loan officers.

Apr 07, 2018 10:09 PM

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Tammy Lankford,

Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA

Broker GA Lake Sinclair/Eatonton/Milledgeville

I would say that borrowers will the most affected. My loan officers have be getting prepared for months and I think they are ready and have done a great job.

Aug 03, 2015 10:57 AM

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William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Our clients

Aug 03, 2015 10:25 AM

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Rainmaker
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Stefan Winter

Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV

Owner - Winter Group & Real Estate Web Tech

I'd say both, it will be a big mess for both.

Aug 03, 2015 09:56 AM

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Rainer
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Evelyn M Epperson

Coldwell Banker Residential Brokerage - Johns Creek, GA

A Tradition Of [Excellence, Trust & Service]

Both!!!

Aug 03, 2015 06:20 AM

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Chris Webb

Nova Home Loans - Tucson, AZ

Tucson's Social Media Expert

Our LO's are excited about the change, we see it as a major comparative advantage since we are prepared. We also have been holding regular courses for Agents to attend. We see it as an opportunity to increase the communication between all parties to ensure the consumer has a smooth transaction.

To answer the question - I think the impact will be affect both equally.

Aug 03, 2015 05:54 AM

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John Meussner

Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA

#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I think both equally, with the exception of listing agents accepting cash offers.

Everyone relies on the loan process, and everyone is subject to it's delays.

Aug 03, 2015 05:05 AM

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Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

It will affect us both, though those that plan for the potential issues will probably be effected least.

Aug 03, 2015 03:43 AM

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Loan officers. TRID effect 100% of their transactions but only 40% of mine.
Realtors will affected and impacted most by the horrific change. Lenders deal with this type of situation daily and to them it will just be another obstacle. We, as Realtors, will feel the impact of the notice to perform and calls from agents, buyers and sellers. We need to dot our I's and cross our T's from day one of the transaction.
I would say that borrowers will the most affected. My loan officers have be getting prepared for months and I think they are ready and have done a great job.
Our LO's are excited about the change, we see it as a major comparative advantage since we are prepared. We also have been holding regular courses for Agents to attend. We see it as an opportunity to increase the communication between all parties to ensure the consumer has a smooth transaction.

To answer the question - I think the impact will be affect both equally.
I think both equally, with the exception of listing agents accepting cash offers.

Everyone relies on the loan process, and everyone is subject to it's delays.
It will affect us both, though those that plan for the potential issues will probably be effected least.