U.S. markets open in 2 hours 44 minutes
  • S&P Futures

    -0.25 (-0.01%)
  • Dow Futures

    -16.00 (-0.05%)
  • Nasdaq Futures

    +26.25 (+0.18%)
  • Russell 2000 Futures

    +0.40 (+0.02%)
  • Crude Oil

    +0.80 (+0.88%)
  • Gold

    -15.50 (-0.83%)
  • Silver

    -0.59 (-2.61%)

    -0.0032 (-0.31%)
  • 10-Yr Bond

    0.0000 (0.00%)
  • Vix

    +0.62 (+3.54%)

    -0.0040 (-0.33%)

    +0.3580 (+0.24%)
  • Bitcoin USD

    +1,130.30 (+4.16%)
  • CMC Crypto 200

    +28.63 (+4.95%)
  • FTSE 100

    -34.89 (-0.46%)
  • Nikkei 225

    -97.72 (-0.31%)

Why You Should Add Lending Services to Your Real Estate Practice

DOWNEY, CA / ACCESSWIRE / April 14, 2021 / Are you a real estate agent? Have you considered upgrading your services and subsidizing your income by becoming a licensed lender? When the coronavirus pandemic hit, the realtor industry took a huge hit. Because of health concerns, lockdown orders and economic uncertainty, residential areas across the United States experienced an overwhelming decline in home sales.

Homeowners didn't want to risk selling their homes, new listings declined and interest in home buying from hopeful buyers decreased. The pandemic didn't just affect homeowners and prospective buyers. It put many real estate agents out of work.

It's uncommon to be both a realtor and a lender. Why not set yourself apart (and provide additional security) by doubling your expertise with a NMLS MLO lender license? Here are 3 reasons why you should pair your realty expertise with lending services.

1. Subsidizes more income. When you obtain a NMLS MLO lender license, it reduces the chances of suffering financial losses in the event that homebuying activities decline. Lending will never be a declining industry because without loans, there cannot be a flourishing real estate industry. Getting a lender license provides an opportunity to make money if your real estate practice slows down.

2. Makes you multidimensional. Being one dimensional is no longer an option. If the coronavirus taught many industries and employees anything, it's that people have to be intentional about creating multiple streams of income. Having both licenses will make you a multidimensional professional, it will make you financially secure. Because of the value you can bring to clients with both licenses, you can also gain more client referrals. This can also bring more opportunities to work with companies that offer both services, which are far and few in between.

3. Sets you apart from the rest. Why master one specialty when you can master two? The reality is, there aren't many people who offer both real estate and lender services. And these services go hand-in-hand. Buyers cannot buy a house without getting a loan (unless they are buying in cash). With both licenses, your clients will no longer have to go to the bank to get a loan. Instead, you can save your client time by carrying out both transactions for them. This will make you more marketable and highly appreciated by your clients.

Real Consultants is a Real Estate Company and Direct Mortgage Lender that is committed to guiding its clients through the home loan process. Under the direction of Devlin Duarte, Real Consultants helps clients choose the best mortgage loan and attain their dream home.

Fortunately, Real Consultants didn't lose a lot of business during the pandemic because it leveraged its lending services. After seeing the financial losses that the real estate industry faced because of the global pandemic, Devlin is urging all real estate agents to obtain their NMLS MLO lender license. From his perspective, this will make agents more marketable while also providing them more financial security. To learn more about Real Consultants and its services, visit the website.

Company Name: Devlin Duarte Real Consultants
Contact Person: Devlin Duarte
Address: 8141 2ND ST #420 Downey, CA 90241
Phone Number: 562-299-9744
Website Link: http://www.realconsultantsmortgage.com/wwwrealconsultantsonline.com
Send Email

SOURCE: Devlin Duarte Real Consultants

View source version on accesswire.com: