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5 Tactics to THRIVE in a Post-NAR Settlement Era | Ep. 424

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D.O. discusses the five things mortgage loan originators should do in response to the recent NAR commission lawsuit settlement:

1. Meeting with hundreds of real estate agents to be a solution provider and share insights on selling value upfront.

2. Educating realtors on the basics of loan programs, seller contributions, and sharing information gathered from meetings.

3. Emphasizing the importance of collaboration between buyer's agents, listing agents, and lenders to find mutually beneficial solutions.

4. Shifting some marketing attention to connecting directly with consumers, as referrals may not be as strong going forward.

5. Thinking outside the box, such as potentially offering real estate concierge services to mortgage clients if buyers end up needing more support.

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▬▬▬ Contents of this video ▬▬▬
0:00 Intro
3:09 Background on the NAR settlement
8:41 5 Tactics to THRIVE in a PostNAR Settlement Era
10:32 #1: Meet with real estate agents to discuss solutions
12:37 #2: Educate realtors on seller contributions for different loan types
19:13 #3: Express the importance of collaboration between agents and lenders
23:38 #4: Shift marketing efforts to a consumerfacing approach
27:27 #5: Think outside the box offering realtor services to mortgage clients

posted by arosohu