Join us for lunch with Ryan Boody, Guaranteed Rate Affinity Lending, as he discusses what Renovation Lending can do to help your existing clients and also create more clients. Lunch provided and sponsored by Guaranteed Rate.
Here are 6 key benefits for a REALTOR of gaining more knowledge about renovation loans and how they can help clients:
Expand Inventory Options: Understanding renovation loans allows REALTORS to help buyers consider fixer-uppers or outdated homes they might otherwise overlook, broadening the pool of potential properties.
Close More Deals: Buyers deterred by cosmetic or structural issues may be more willing to proceed if they know financing is available to cover necessary renovations.
Add Value for Clients: Educating clients about renovation loans positions the REALTOR as a trusted advisor who provides creative solutions, enhancing client satisfaction and loyalty.
Stand Out in a Competitive Market: Offering insight into niche financing options like renovation loans can differentiate a REALTOR from others who may lack this specialized knowledge.
Support Sellers with Dated Homes: REALTORS can help sellers market properties more effectively by suggesting that buyers use renovation loans, making the homes more appealing.
Strengthen Lender Partnerships: Working knowledgeably with lenders offering renovation products can foster valuable professional relationships and streamline transactions.
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You may also like the following events from Central Panhandle Association of REALTORS:
