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The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Have not had it happen.

Nov 07, 2018 11:04 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Daniel. In a couple of the states I do business it is allowed, but a complete conflict of interest.

Make it a great weekend!

Aug 14, 2015 08:22 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

There was a time in my area that agents were also taking the loan app and getting paid a cut from the lender. It always made me uncomfortable and I am glad when that idea lost momentum.

Aug 14, 2015 01:14 PM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, 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

It's pretty typical out here in CA.  I don't like it.  If I tried to become a really good real estate agent, I couldn't do it without my mortgage skills slipping -- too much involved in both fields to be great at both.

Aug 14, 2015 07:44 AM
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

I've received offers on listings from realtors who are also lenders.  It can work, but I'm not a fan.

Aug 14, 2015 07:21 AM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I can only think of one agnet that also is a licensed loan officer, but I think he only does one at a time.

Aug 16, 2015 08:41 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Daniel W. Hayes - I have not seen Lender/Real Estate Agent in our seems it's a conflict of interest perhaps.

However I have seen husband working in one field and wife in another.

Aug 15, 2015 03:12 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

It is rare but it does happen.

Aug 14, 2015 11:26 PM
Vern Eaton
Askov, MN
Realtor 651-674-7449

Not for some time now.

Aug 14, 2015 11:26 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Daniel - There was a time when many brokerages were attempting to get into the lending field, but I think they ran into all sorts of legal issues and decided it was not worth it. This was about 10 years ago.

However, there are still many real estate brokerages who have a direct business relationship with title companies (some own them), and that somehow does not seem to be an issue.

Aug 14, 2015 03:15 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Not very often, but 2 weeks ago we did have a showing by one of these duel purpose folks.


Aug 14, 2015 02:45 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

This isn't customary in my area, either. I've never had it happen. 

Aug 14, 2015 09:28 AM
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Like Tammy Lankford I've worked with lender who had been agents and agents who had been lenders, but never simultaneously.

Aug 14, 2015 08:54 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I know one who has done each job in my market (currently an agent) but never both at the same time.

Aug 14, 2015 07:58 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Daniel W. Hayes I once worked for a broker who was also a lender. Disclose, disclose, disclose.  He was the only I knew.

Aug 14, 2015 07:05 AM