Advantages Of Hiring A Dual Realtor And Lender For Your Home Purchase!

A new trend we’re starting to see more and more is Realtors who are also lenders and can help you with both sides. Today, I’m giving you the top five benefits of working with a Realtor who’s also a lender. I’m Joe Nelson of the Nelson Home Group, Kansas City’s highest-rated real estate team on Google. I’m also a licensed mortgage loan originator with Nexa Mortgage. We have many clients who have worked with us for both their real estate purchase and their home loan, and they love the one-stop-shop approach. I want to give you a firsthand account of how working with an agent who is also a lender can make your home purchase smoother and save you time, hassle, and money. It gives you more control, cuts down on miscommunication, builds trust with listing agents, simplifies the process, and lets your agent-lender do more legwork for you. Let’s get right into it.

Benefit Number One: More Control

Having control in-house over the entire transaction gives us, and in turn you, more control of the process. Did you know the number one reason why home sale transactions fail in the last week prior to closing is because of some issue with the loan and/or the lender? And did you know that the first sign of trouble often comes when the lender stops responding to emails and texts? It happens more than you’d think. Now trust me, there are plenty of great lenders out there, and we’re partnered with some of them, but not all of them are like that. That said, when your Realtor is also your lender, it centralizes the entire transaction. This means we can manage everything from your home search to securing your loan all under one roof. Knowing the intricate details of both your loan status and your contract allows us to help you make decisions a lot more quickly and ensures you have the best program for your specific purchase. This seamless integration allows us to anticipate and address issues more swiftly, ensuring a smoother process for you. Essentially, it puts us in the driver’s seat, steering the process efficiently from start to finish.

Benefit Number Two: Fewer People to Communicate With

Buying a home involves a lot of moving parts and can be overwhelming with the number of people you need to coordinate with: real estate agents, transaction coordinators, mortgage brokers, loan officers, loan processors, title closers, title processors, etc. The list goes on. By consolidating the Realtor and lender roles, you significantly reduce the number of contacts you need to keep track of. This not only simplifies your life but also reduces the chances of miscommunication, making the entire process more streamlined and less stressful. You can also count on the fact that your lender and Realtor, being one and the same, are completely in sync, minimizing the chance of unexpected surprises.

Benefit Number Three: Building Trust with Listing Agents

The third perk of having a Realtor who is also a lender really kicks in once you’re ready to make an offer. We have the trust of listing agents. When we go to make an offer, they know we will get it done. Trust is crucial in real estate transactions. When listing agents see that your Realtor is also handling your loan, they often feel more confident in your offer, especially if you are working with a Realtor who is a high producer and has a good reputation in your local market. They know that we are committed to closing the deal efficiently and effectively because we’re managing both sides of the transaction. As a listing agent, one thing I look at when I receive offers from buyers is who is doing the loan. Is it someone I know and trust? I will often coach my sellers on my experiences with that lender, good or bad. That’s why they hired me; they want to learn and lean on my knowledge and experience to make sure they not only get the highest offer possible but also the strongest offer that will make it all the way to closing. This is especially crucial in multiple offer situations. The reputation of the Realtor and the lender is extremely important to the listing agent and the seller. When the listing agent knows your Realtor has a good reputation and is also handling your loan, it helps seal the deal for you.

Benefit Number Four: Simplified Process

The entire process is so much simpler for you as the client because everything is being done in-house. Remember, one-stop-shop! There’s no need to worry about balls getting dropped or communication getting missed between Realtor and lender. Let’s face it, the more parties involved, the higher the risk of someone missing something. When everything is managed in-house, there’s a cohesive flow of information. We’re all on the same page, working towards the same goal. This unity eliminates the back and forth that often happens when separate entities handle the real estate and lending sides. It ensures that nothing falls through the cracks, giving you peace of mind throughout the entire process.

Benefit Number Five: Saving You Money

Last but not least, and probably the most beneficial to you, you should consider hiring a Realtor who is also a lender because we can most likely save you money. Since we are a loan broker, we can shop multiple lenders and programs all at once to make it much easier for you to get the best deal without the hassle. One of the biggest advantages we offer as both your Realtor and lender is the ability to shop around for the best loan options on your behalf. Now, we recommend you still do your own shopping, but as loan brokers, we have access to a wide network of lenders and loan programs. This means we can find the best rates and terms tailored to your specific needs. Instead of you having to approach multiple banks and mortgage companies individually, we do the legwork for you, saving you time and ensuring you get the best possible deal.

So there you have it: five compelling reasons why working with a Realtor who is also your lender can be a game-changer in your home buying journey. If you’d like to see what kind of loans you could qualify for or find out about getting pre-approved yourself, the link to my loan application is in the description below. We even have some zero-down options available! From greater control and simplified communication to increased trust and better loan options, it is a win-win situation.

If you’re thinking about buying a home and want a smooth, efficient process, consider this dual role approach. Make sure to reach out to me if you’re looking to buy or sell around the Kansas City metro. Let my team and I be your real estate and lending experts of choice.