Why Realtors Want You To Use a Local Lender

Written by Tim Hart | Nov 18, 2021 9:51:00 PM

One of the hardest things for a buyer to do in our SWFL real estate market is to win a contract. Yes cash buyers get an advantage over financed buyers.  

You know who else gets an advantage? Borrowers who use a local trusted lender!  

When agents get in a multiple offer situation and their options are narrowed down to financed buyers, the one that was approved with a local trusted lender will win the contract if the prices are similar.  

I discuss the reason why Realtors will choose a local lender over a big box bank or out of state lender in this video, Communication and availability are the main reasons but I also throw in a couple more for you.  

 

Feel free to share this episode with anyone you know who is currently looking to buy, and if you are looking yourself, hopefully using a local lender helps you land your contract!  

 

Call or text my cell at 239-910-5668 if you or your buyers have any questions.  Thanks!