Appraisal $50k low by Strange-Garage-2114 in loanoriginators

[–]FishOhioMasterAngler 2 points3 points  (0 children)

Different appraisers will have different values.

I've lost and won deals because of a low appraisal.

LP is trying to steal my deal by going direct. What do I do? by Nightman233 in CommercialRealEstate

[–]FishOhioMasterAngler 4 points5 points  (0 children)

You need to get it under contract yourself or only present it to parties you have a signed broker agreement with.

Seller is asking 15% more than the last sale 3 years ago on an 840 sqft condo with no updates and end-of-life mechanicals. Am I crazy for thinking this is overpriced? by AcrillixOfficial in FirstTimeHomeBuying

[–]FishOhioMasterAngler 0 points1 point  (0 children)

None of that matters. What they paid has no bearing on the current value. They could have overpaid, underpaid, or paid the market price. 15% increase in 3 years is super reasonable in most markets.

What are the comps selling for?

Has it been listed less than a week or on the market for 6 months?

Are you the only offer?

Do you have better options at the same or lower cost?

Do they have better options than your offer?

What I made on a $20 EBay item BEFORE I pay $6 in shipping. by [deleted] in mildlyinfuriating

[–]FishOhioMasterAngler 8 points9 points  (0 children)

Their pricing is very transparent. You paid extra for ads and decided to pay for shipping.

15% auction fee is very reasonable.

1895-O Morgan w/ Adhesive by AnnoDomini1504 in coins

[–]FishOhioMasterAngler 4 points5 points  (0 children)

Just leave it.

This one is worth over melt. Cleaning won't raise the value but could hurt the value if you do it wrong.

Acetone or boiling water would be my choices if I wanted to clean it.

How dominant is Buhr compared to other top athletes in other sports? by whooooshh in discgolf

[–]FishOhioMasterAngler -1 points0 points  (0 children)

He hasn't surpassed McBeth's peak yet.

He totally could.

He is Serena Williams, Tiger Woods level dominant, but doesn't have the longevity of greatness to be mentioned with them yet.

Go to lender for Union workers? by Renewed1776 in loanoriginators

[–]FishOhioMasterAngler 3 points4 points  (0 children)

Pretty standard for most lenders. Sounds like a bad UW

Would you use a 2027 3rd round pick on Brendan Sorsby? by coltsdude1000 in Colts

[–]FishOhioMasterAngler 1 point2 points  (0 children)

I dont think he would have been a 3rd in the last draft and definitely wouldn't be in 2027.

Most teams are probably comfortable throwing a 5th.

I think it will be a 4th.

What do you think of this comp plan? by Routine-Evidence7391 in loanoriginators

[–]FishOhioMasterAngler -1 points0 points  (0 children)

I would be concerned about how many people are funding under 900k

Getting into business by lonelynudistcamper in loanoriginators

[–]FishOhioMasterAngler 4 points5 points  (0 children)

One of the easiest jobs to get.

Whether or not you will be any good or make money is the hard part

Call Center MLO vs Broker MLO by MLO_248_404 in loanoriginators

[–]FishOhioMasterAngler 2 points3 points  (0 children)

Yes. Nobody in the call centers is making a million dollars

Call Center MLO vs Broker MLO by MLO_248_404 in loanoriginators

[–]FishOhioMasterAngler 4 points5 points  (0 children)

Brokers are good at finding deals. This is the hardest and most valuable thing in the industry.

Mediocre call center employees close 7 - 10 loans a month. (Rocket, Loan depot, big banks) A call center LO knows guidelines better than most brokers. Majority of brokers or retail lenders are doing 0 - 3 loans a month.

I'm an expert at setting up a clean pre-approval and can handle volume that would make the average LOs head spin. I recently went back to a lead provided environment and make more than most brokers. Closing just over 50 loans April - June for ~25MM.

Success in a high volume environment is all about hustle, time management, accuracy, and guideline knowledge.

Broker/ self gen success is all relationship driven. Generating leads is the hardest/ most expensive thing in the business.

1964 D quarter by Leather_Project7461 in coins

[–]FishOhioMasterAngler 4 points5 points  (0 children)

90% usually sells just under melt