6/14/11
Today my broker had me answering the phone. Before I did he instructed me that I cannot talk or give information out about any properties. This is because I do not have a California real estate license. Specifically the things that I cannot talk about include the price of the land, the location of it, or anything that has to do with property and real estate. I do learn a great deal by listening to my broker talk on the phone all the time. When a client asks to see a home he first asks them if they have been qualified. If they haven't he sends them to a mortgage broker to get them qualified. Once they are qualified the mortgage broker gives him a price the buyer can qualify for. Once the broker receives the price he will begin to show the buyer homes in their particular price range. So I learned that before you show property the buyer needs to be qualified otherwise a lot of time can be wasted.
Does your Broker send potential buyers to be qualified to ensure that he isnt wasting his time? or is this a reaction to the housing collapse?
ReplyDeleteExactly, If someone filled out all the paper work ect, and then weren't qualified it would all be a waste of alot of time and tress!
ReplyDelete