When a realtor hosts an open house, there are many reasons having a mortgage broker can be beneficial. Contact me if you would like to discuss more. www.ryanmajeau.ca
While we do not have the safety issues that realtors experience south of the border. That being said there have been incidents involving female realtors being assaulted or feeling uncomfortable being alone with strangers walking around the house.
Did you know that when a realtor is holding an open house they are liable for any losses or damage to the property? It’s pretty easy to have one person distract the agent upstairs while their partner runs off with the flat screen TV or the silverware. Another person in the property discourages theft and can make the realtor feel safer.
Snagging new clients
Sometimes people show up at open houses without any preparation. They may like a home but they have no idea whether they could afford it. Enter the mortgage broker. By being on the premises you can quickly pre-approve these prospective buyers giving the realtor an opportunity for a quick sale and to double end the deal.
Third Party Feedback
Sometimes visitors are reluctant to say anything negative about a property to a realtor but are more open with their financial partner. The realtor can benefit from both the mortgage broker’s opinion and anything that they hear from visitors.
Programs that can help sell a home
Some municipalities offer subsidized down payments for first time home buyers, others offer tax incentives . If a prospective buyer comments on the worn carpeting or the lack of a garage, it’s a good time for the mortgage broker to mention Purchase Plus Improvements programs available. The realtor may be aware of the programs but unaware of the program rules. The realtor will be really happy to have a mortgage broker find a solution to one sales objection and help them sell the house.
*Contributed by David Cook of Dominion Lending Centres.
Contact Ryan Majeau if you would like to talk about this and other co marketing promotions.