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