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Bill DiBerna…, Other/Just Looking in Bricktown, NJ

Does it make you uncomfortable when you see a mortgage rep at an open house?

Asked by Bill DiBernardo, Bricktown, NJ Sun May 20, 2012

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No, unless there is no agent present. It's a good idea because buyer can get an understanding of their qualifications, and having two people present is good for personal safety and for the home owner's home as well.

Have an amazing day!
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1 vote Thank Flag Link Sun May 20, 2012
It does not make me uncomfortable to see a knowledgeable mortgage rep at an open house or anywhere. A skilled, competent rep is an asset to be cultivated. Not all mortgage reps are created equal. If the real estate broker brings in an expert he is doing everyone a favor. If the rep is a green rookie, be prepared for your loan to be OJT for someone else's benefit.
0 votes Thank Flag Link Sat May 26, 2012
How would anyone know the person at the open house is a mortgage rep?

I would MOST CERTAINLY be unconformable if said rep was with Bank of America, Wells Fargo, or Chase. The mere disclosure of such association would be FATAL!

However, with the exceptation of the above, a mortgage rep can be a tremendous asset at an open house. Be very aware, not all houses are good open house candidates and those 1982 type open houses are of little value. At an event open house, everyone has a role to fulfill and everyone enjoys the benefit of a larger pie.

It is crucial to choose your team players wisely.

Best of success to you,
Annette Lawrence
Broker/Associate
ReMax Realtec Group
Palm Harbor, Fl
727.420.4041
MyListingbook.Listingbook.com
0 votes Thank Flag Link Sat May 26, 2012
As long as the mortgage rep is not pushy or asking alot of questions. He should stand off in the background and answer any questions the prospective client may have.
0 votes Thank Flag Link Fri May 25, 2012
It really depends on the way the mortgage rep handles himself. Having a mortgage rep at an open house is great from an agent standpoint. It also gets those nosy neighbors out of the house very quickly!
0 votes Thank Flag Link Sun May 20, 2012
Great point. Thanks Bob
Flag Mon May 21, 2012
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