| Scot Lilly 2005-06-17, 11:27 pm |
| I think this actually has a two fold answer. I have hit up friends and
family for loans. This has been 99% good in the fact that what I was able
to get them did improve their situation and was also done smoothly. The 1%
it went bad was totally out of my hands with an old friend. However, the
loan was great, just the closing was a mess because of the lender. They
closed the loan, then screwed up and had to re-close it again. Not a huge
deal, more or less bothered him in the fact of the time he had to take to
get everything redone. I think that making a good name for friends and
family in important in the fact that when you are first getting started they
are your biggest voice. But you have to have confidence in what you are
doing and make sure that you are doing a good deed. If you have a friend
that this a loan is only marginally helping (refi mostly), then you need to
be the first to tell him that its a bad deal. They will talk twice as high
of you to their friends and co-workers.
--
Scot Lilly
slilly@pratamortgage.com
www.pratamortgage.com
"Steve" <steve@over100percent.com> wrote in message
news:Ex5id.24362$T_.20539@bignews4.bellsouth.net...
quote:
>I find that a lot of brokers and real estate gurus tell you to hit up your
> family and friends for business. Like the MLM's do. Knowing the low
> satisfaction rate of people who've used Realtors, IMO it's only
> desperation
> or laziness that would lead someone to risk making an enemy out of a
> friend
> or family member. With all the people in the world, why risk it? I know
> the
> ego tells us we're so good that it will always run smoothly, and this is
> how
> most Realtors get their start but my question is...
>
> Has anybody out there had a transaction that lost a friend or created bad
> feelings among family (that you know about)?
>
> --
> All the best,
>
> Steve
>
> EXIT Realty Agents are Making Over 100%
> See how at: www.over100percent.com
|