Matthew Pratt, wants to make your loan process the easiest ever (Ameripro Home Loans)

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Ambassador
1,814,133
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

In my market, it's rare when the lender shows up... but I like it very much when they do.  Sometimes, the transaction runs into some lending issues, and it's nice to have the loan officer on site, so they can call in to the company (sometimes they have a back-door phone number)...

ooops... i didn't read the question carefully enough... I thought you meant at closings... not "open houses".... never mind.

May 20, 2016 06:35 AM
Rainer
222,865
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I love this question. As a lender, I would do everything and anything to help my Realtors out.

May 20, 2016 09:08 AM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes it is nice to have the company and I think it benefits the lender and the prospects that come in.

May 20, 2016 08:05 AM
Rainmaker
874,330
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

I don't mind if they co host, but I want them to market the event through their own sphere of influence.  I love referrals.  

May 20, 2016 07:27 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I would not mind if one showed up, but doubt that any would.

May 20, 2016 10:01 PM
Rainmaker
916,173
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

It's rare now adays that this occurs as it used to happen quite a bit - but yes I do.

In large part OH's are a thing of the past here - you seldom see signs anymore for OH's

May 20, 2016 10:00 PM
Rainmaker
104,411
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

I bake cookies...

May 20, 2016 07:55 AM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

As I don't hold open houses, the lender would not have much to do to help! 

May 20, 2016 06:44 AM
Ambassador
2,564,431
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Yes.  As long as everything complies with RESPA.

May 20, 2016 06:39 AM
Rainmaker
4,889,616
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Our homes go so quickly, and we get lots of showings without doing an open house.    Back a couple years ago, it was nice.

May 24, 2016 01:52 AM
Rainer
4,399
Matthew Pratt
Ameripro Home Loans - Greenwood Village, CO
wants to make your loan process the easiest ever

Thank you everyone for your answers.  The trend seems to be that most realtors do appreciate a lenders participation.  Good to know!

May 23, 2016 12:41 AM
Rainmaker
1,635,942
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

If I know it will be a busy open house I invite them but hey never appear. Too bad for them!

May 21, 2016 09:49 AM
Rainmaker
1,514,605
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Yes, I do like when vendors stop by or help me with open house. Teaming up for open house is always welcome. 

May 21, 2016 09:34 AM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

It is a nice benefit for security and safety reasons.  Also nice to have a lender there to help buyers in need. 

May 21, 2016 06:27 AM
Rainmaker
759,996
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Sure! Someone to talk to when traffic is weak.

May 21, 2016 05:54 AM
Rainmaker
1,381,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've had a few lenders offer to do so, but have not taken any up on it.  I generally don't see the benefit (to me).

May 21, 2016 03:23 AM
Rainmaker
735,775
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Yes, this is great! They can help promote you and be a form of security. It's always better to travel in pairs or even packs. A lot of buyers start by going to open houses and aren't pre-approved yet. It gives them an opportunity to meet them in person first. Plus, it gives them an opportunity to get to know you better.

May 21, 2016 12:11 AM
Rainmaker
4,162,901
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a fan!

May 20, 2016 11:56 PM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We don't hold Open Houses...

May 20, 2016 11:03 PM
Rainer
150,166
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I often do for extra "eyes, ears and feet". Makes the home more secure, and allow me to be in two places at the same time.

May 20, 2016 11:03 PM
Rainmaker
3,322,403
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

SOme times, i make sure though the agent is working with me and not sending buyers to other agents or complexes. 

May 20, 2016 10:49 PM
Rainmaker
846,260
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Most loan officers don't have time to attend open houses, but location and price range could be a factor. They will usually make brochures though and are available by cell phone if needed.

May 20, 2016 10:41 PM
Rainmaker
6,548,379
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I have not done this. My loan officers are too busy for open houses.

May 20, 2016 10:16 PM
Rainmaker
795,232
Susan Laxson CRS
Premier Sotheby's International Realty - Naples, FL
The Michelle Thomas Team

I prefer that they bring their brochures, rate sheets etc.. and then leave after an hour. I appreciate their time and yet, too long can be a distraction.

May 20, 2016 09:52 PM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not mind.

May 20, 2016 09:00 PM
Rainmaker
4,063,132
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have never had a lender attend as part of an open house event -- some stop by for encouragement or for an introduction.  Don't overstay your welcome and remember the purpose of the open house --- my job as the listing agent is to sell the home -- not chit chat with others or eat donuts.  

May 20, 2016 06:26 PM
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Matthew Pratt - it is always a great idea to have a lender with you at open house....

May 20, 2016 03:50 PM
Ambassador
4,559,119
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Have only done this one time. It was nice to have the company but can't say it made any difference for her or me

May 20, 2016 03:10 PM
Ambassador
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

If they show up uninvited, not so much.

May 20, 2016 02:10 PM
Rainmaker
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Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Definately! It also helps the safety factor.

May 20, 2016 01:45 PM
Rainer
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Kristen Correa, Broker
Kristen Correa Real Estate & Reedy Creek Realty Services - Keller, TX
I love coffee & real estate. I am out of coffee!

Yes. Enjoy the company. Enjoy full-service to buyers who can prequal onsite. And enjoy their insight and convo with guests. I haven't held open houses for over 3 years because the market is so strong houses sold within days. But I have one booger right now. It's taking some time and a lender joined me a couple of weekends ago and it make those 3-hours FLY BY!

May 20, 2016 01:40 PM
Rainmaker
1,215,099
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I used to when I did them, but haven't done one in a decade.

May 20, 2016 01:39 PM
Rainer
318,713
Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

I have never had a lender present.  A couple have offered . I should take the opportunity. 

May 20, 2016 01:02 PM
Rainer
59,971
Coal Infantino
Coldwell Banker - York, PA
Realtor specializing in south central PA

I have not had that happen..... yet

May 20, 2016 11:49 AM
Ambassador
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Yes but I can't remember the last time this happened. I am not complaining I just agree with Alan May 

May 20, 2016 11:37 AM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Our mortgage reps prepare finance sheets for new listings and open houses.  Most do not attend.

May 20, 2016 11:10 AM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No!

May 20, 2016 10:33 AM
Rainmaker
3,973,735
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Yes, great to get people with a lender right away,

May 20, 2016 09:49 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Matthew,

I think it is wonderful when they do in most instances.  A

May 20, 2016 09:48 AM
Rainmaker
1,149,409
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

very much so.... These days not too many new agents wanting to enter the business and they are not available on the weekends.....

May 20, 2016 08:11 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A good one can move the process along quite nicely....

May 20, 2016 07:34 AM
Rainmaker
1,716,804
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

No, they bug me but some like to do it as a team approach. It might work for some people - just not me.

May 20, 2016 06:56 AM
Rainmaker
4,000,889
Richard Weeks
Dallas, TX
REALTOR®, Broker

You bet.

May 20, 2016 06:45 AM