FSBO Leads Becoming More Popular
With rates on the rise, more and more loan officers are beginning to think “purchase” instead of the fading “refinance” that has been numero uno for several years. This being the case, for sale by owner marketing is one of the niches getting the most attention.
FSBO marketing is competitive and will only get more competitive. Timeliness and strong marketing strategies are sure-fire ways to get ahead in this niche. The daily FSBO lead provider that gets the most leads out the fastest surely stands to do well in the coming years.
December 5th, 2009 at 8:10 pm
Do not get discouraged. What has happened is that all of the people that qualified for home loans for people with bad credit are now going into default on their loans. They were duped into thinking that they would be able to refinance their home in 1-3 years because their home would appreciate. Where can alliances gobble up new commercial mortgage refinance wares? It means that you will have to be very diligent in making sure that you keep in touch with your mortgage company and keep calling. Nevada, California, Arizona, and Florida are particularly hit hard. If you have bad credit, it got that way for some reason.