Ronnie Glomb is a top realtor based in New Jersey, and he says that the biggest thing that the mortgage industry has missed is the proper utilization of the 203k loan.
“You can put realtors in a room, and you can explain to them what that program is, but they never have the solution on how to market it for lead generation. Not one company, even a big box company, has been able to articulate to an agent: how are you going to utilize this to get more business?” Glomb said. “Realtors in general would sell more houses if they understood how buyers can use that loan . . . You’d show less houses, you would sell more houses, and you’d make more money, and none of the lenders really, they’re just not doing it. “
Read the article here: MPA MAG
https://www.mpamag.com/poweroriginator/business-building/relators-speak-partners-see-gaps-in-local-knowledge-167163.aspx