Several times this year, I've received offers from loan agents representing buyers as "selling agent" in transactions. What do you think about loan agents representing buyers in their real estate transactions and also earning fees from their loan financing?
4 comments:
I am not in the real estate business but I am aware of this practice and on the surface do not see the conflict of interest or any other reason to question the practice if the person is licensed to do business in both fields. Why should I care if he collects fees both as a loan officer and a real estate agent/broker if he is legitimate? If in serving as one role he can influence an outcome in the other role and it is to his advantage and not that of his client, then I do see a problem. Can anyone enlighten us on the subject?
Great Post Tom Avent! I was searching under the term sell your house quick and found your Loan agents doubling as realtors??!! post as I was looking for more data on sell your house quick. Your must be ranking well in the engines. Best of luck Tom Avent!
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Hello: Tom Avent, I was looking for some information on real estate agents and found your site. I'm sure you know how it is when you start to read a interesting post…most time you just have to read it all. Bottom line, I've enjoyed reading your Blog. I’ve got you bookmarked for the future. I'm doing a little test to see how many people actually read these posts. So, for the next few weeks anyone who visits my Blog, I'll send a great 90+ page search engine optimization ebook! Yes, this is a not strings attached deal. Plus, if you have an above average real estate website, you should apply for our free real estate website award at
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