On-Demand: Take Listings with Forbearances

As of May 21st, the Mortgage Bankers Association's reported on their Forbearance and Call Volume Survey that there were now 4.1 million U.S. homeowners in mortgage forbearance plans. Based on its figures, loans in forbearance now make up 8.16% of all U.S. mortgages, up from just 2.66% on April 1.

That is a huge jump and this will have a significant impact on the real estate market.

But how? When? And what can I do to advise my clients, support them, and still build my real estate pipeline?

If these are the questions you are asking yourself, then this training is for you!

Realtors, your job is to act as a fiduciary to your clients, help them protect their equity and be our service before sales. The current economic conditions have created new, never before seen challenges and markets of opportunity and we want to help you make sense of it AND build a profitable real estate pipeline while serving your clients at the highest level.

This training covers:

  • what mortgage forbearances are

  • the immediate impact to your clients and options available to them

  • the short term solutions & the long term impact

  • how to build your database around this market of the moment

  • how to nurture your leads to build a lucrative pipeline of business

Need more guidance on how to Implement this in your business? Schedule a Free a Free Strategy Call below!

Monica Rivera

Monica is a 2nd generation Realtor®, Keller Williams Team Leader and #1 Best-Selling Author with over a decade of real estate experience spanning across investments, flips, residential and commercial real estate. Most notably, Monica co-owned a Property Management & development company specializing in Collegiate towns which she helped grow from a humble portfolio of 90 units to 700+ with a monthly cash-flow of half a million dollars for their clients in just under 2 years (at only 23 years old). She has shared the stage with Kevin Harrington of ABC’s Shark Tank and has been featured on multiple media outlets including NPR, KTLA Channel 5, Real Estate Game Changers Radio, Realtor.com, and Clarity FM, just to name a few. Monica is currently focused on her passion of coaching and consulting Real Estate Agents as the Team Leader & CEO for Keller Williams South East Los Angeles in Downey, Ca. She is one of the youngest brokerage leaders in her industry, giving her a competitive advantage as a digital native with years of experience in business development and real estate, allowing her to position her agents for success in a constantly evolving and competitive real estate landscape.

http://MonicaRivera.com
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Weekly Market Update - 5.25.20