Broker realtor vs mortgage broker

Differences between broker realtor and mortgage broker duties and responsibilities

Broker realtor example responsibilities.

• Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
• Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
• Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
• Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
• Identify data trends in a volatile market and analyze data from MLS to develop and evaluate marketing strategy and implement solutions.
• Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
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Mortgage broker example responsibilities.

• Educate clients on mortgage contractual guidelines and process FHA, VA, and conventional loans reviewing files for submission to underwriting.
• Foster deeper client relationships with commercial and residential lenders driving referrals by delivering excellent customer service.
• Originate residential conventional, VA, home equity, commercial and construction loans.
• Establish a network of contacts with community banks, appraisers, lenders, and other brokers.
• Originate, process, and submit all types of commercial and SBA loans to the applicable lender.
• Develop business plan, raise investment capital, create business processes, and obtain licensing, VA certification, HUD approval.
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