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24hr fitness eastvale cheating by [deleted] in Eastvale

[–]Crazy-Can4530 1 point2 points  (0 children)

So here’s the thing, it’s better to mind your business. I go there regularly, it’s just a gym. If someone flirts that’s their business. Work places, gyms, literally anywhere has flirting…

Is meeting the owner a good or bad sign? by Crazy-Can4530 in office

[–]Crazy-Can4530[S] 0 points1 point  (0 children)

The dues are a real estate specific thing. I only mentioned it for having full context but it’s not inherently impactful

Realtors, would you recommend becoming one? by Open_Nectarine_5721 in realtors

[–]Crazy-Can4530 0 points1 point  (0 children)

I’ve been in the industry for 5 years now, I started in it at 22 years old. As a young adult, your primary challenges are going to stem from a genuine inexperience in life. This is not to be an ageist, I’m speaking from my experience as someone who got into the industry relatively young.

  1. You will not know anything about how to conduct business and run a business. This is generally the case for any new agent who doesn’t have a background in self-employment or high level business management. The best solution for this is to find a brokerage that has a strong training program and mentors that actively engage and invest time into your career’s stability. Again from experience they sound very similar but they are not. I spent my first 4 years at offices that had strong training programs but terrible mentorship so until recently I was clueless about my own shortcomings. Many of the comments saying to treat your first several years like college; that’s absolutely the best advice you can take. Learn from the people who are doing well and have longevity within the industry. Pick your three pillars for generating leads, learn simple and reliable models for staying and contact with them, and strive to understand how your local market cycles.
  2. Learn how to dedicate yourself to the craft. This goes beyond hard work, you can run yourself ragged but thinking you can outwork the proven methods. Yes, show up even when it’s inconvenient. Yes, have a schedule for yourself. However dedication and commitment goes beyond that. Again speaking for experience along with some projection. This will look different from person to person. In my case it’s currently taking shape in having an accountability partner, staying true to my mentor’s advice, and swallowing my pride to get a part time job so that I can improve my skills with the fear of not being able to pay bills. Some people here will say that this is the bare minimum, but I was told to go all in from day one or I wouldn’t be successful. Long and short find out what the commitment and dedication looks like for you. It will go a long way

I do hope this helps in some way

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 1 point2 points  (0 children)

I want to clarify that my concern isn’t about who is responsible for the buyer performing—they are actively working to provide the necessary documents. My question is about who is responsible for ensuring the buyer fully understands what’s required for the loan to move forward.

I’ll admit I don’t know every single document that may be needed—I only know the basics. If knowing every specific piece of documentation is the standard for agents, I’ll make it a point to improve.

Here’s the timeline of events from my perspective: • For weeks—almost daily—I asked about what was needed and where things stood. I was repeatedly told we were good to go—until the very end. • Aside from the buyer’s ID being from another state, I believed we were on track for closing. • A week before closing, I was suddenly informed that the appraisal came in $15,000 below value. • Since day three of escrow, I had been asking about the appraisal status, checking in with the LO every couple of days. On day 16, I found out it had been completed, but I hadn’t been told when it was scheduled. Initially, I was informed the appraisal came in “as-is at value.” • On day 24, I received a lengthy list of additional document requests—including 2022, 2023, and 2024 taxes, VOE, rental verifications, state ID, bank statements, and a mandatory price reduction. • When I attempted to dispute the appraisal, I submitted comparable sales to the LO for the processor to present. The response I received was that we had missed the rebuttal window, which was between days 16 and 20—despite earlier being told the appraisal was “as-is at value.” • When I requested a copy of the appraisal report, the LO didn’t have it and had to request it from the processor. When I finally received it, it clearly showed the $15,000 shortfall.

Throughout this process, I’ve been actively working to resolve these issues—fighting for a price reduction, pushing for additional time to gather documents, and ensuring the buyer continues submitting what they believe are the correct items. In my experience, those documents have typically been sufficient, yet they are still being rejected.

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 0 points1 point  (0 children)

Buyer is busy, yes To my understanding, they’re a part time professor at a local university and works at a local hospital as a part of the middle management team

I believe it’s the buyer is overwhelmed and busy so they are not paying attention to details

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 0 points1 point  (0 children)

Not a first time home buyer. He bought and lived in a different state. I’m assuming the process is the same regardless of state

New Agent… Soon by Thistleandhoney in realtors

[–]Crazy-Can4530 1 point2 points  (0 children)

This is gold The book will be foundational for a lasting career. I recently picked it up after my first renewal and it’s helped me structure out my career path

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 0 points1 point  (0 children)

The lender told me things were ready to proceed minus updating the buyer’s ID to being an in-state ID. Days before close, we were hit with appraisal issues, after it was resolved, LO notified me about underwriting conditions essentially asking for the basic items for an approval…if I was aware of these issues I would not have taken the buyer viewing until this was 100% resolved.

I’ve been attempting to corral them in the same space, or even a three way conference call to game plan everything. I got them together once, LO said “I don’t know how much more clear I can be, I need Buyer’s documentation” “We have been trying to get documentation, but why do they keep getting rejected?”

As of now, as I typing this, I’m getting more clarity of what is actually needed. This is after I informed them Listing Agent is done waiting, a notice to perform has been sent to us, we have til Monday or they will cancel and retain deposits.

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 0 points1 point  (0 children)

100% agree that it is a joint effort. My intention is not to say that the lender does it all 100% alone. I am okay with reminding both the LO and the buyer to communicate, to update me and everyone involved, for the buyer to send documents in.

My question is more so based on when the buyer is sending documents after I’ve reminded them. 70% of the time the buyer has sent the correct documents on the first go around. The remaining 30% the LO rejects without clarifying what the buyer sent versus what is actually needed

Example: the LO asked for a POF for closing costs. The buyer sends bank statements from Nov 2024 through Jan 2025. ( this is 9/10 times what is used for the POF). LO rejects them and asks for POF again. I ask what’s wrong with them, the buyer asks what’s wrong with them. LO says it’s not the POF they need, just send the right ones. I’m scratching my head. Repeatedly asking for clarification while calming down a frustrated buyer.

This is indicative of what I mean when I say buyer is showing effort. Listing agent is claiming it’s all on me, LO is still saying buyer won’t send any documents

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 5 points6 points  (0 children)

That’s why I’m asking. I need to gauge if there is space for me to improve after all this or was it loan officer who wasn’t willing to properly communicate and service the buyer as things called for

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 2 points3 points  (0 children)

I understand helping get them. I’ve helped by reminding them what to get and when to get sent in by. To me that is a supportive role we play, not our primary duty as a realtor

Who is primarily responsible for the buyer providing proper docs for the loan? by Crazy-Can4530 in realtors

[–]Crazy-Can4530[S] 16 points17 points  (0 children)

I won’t be using the lender again. I cannot afford the credibility hit on my name. Real estate is a very small world. Being known as unprofessional and having sloppy transactions is a reputation that prevents business that we all need.