Abbotsford & Mission Real Estate Insider

Multi–licensing the future or the death as we know it?

one stop shopA major difference to be considered is that the real estate agent may be moving from location to location during a typical work day. A mortgage broker, on the other hand, may work from an office or from home, and spend most of the work day on a computer or telephone

 Dave Browne

Want to create a true one stop shop? – Could you keep up Continuous Education to the tune of 18 hours a year for more than 1 license? But is that what we have come to protect us all from income spikes and falls….

Being a financial planner, mortgage broker and realtor may not be the answer but multiple people are trying it out including “For Sale By Owner Companies” locally.

Personally I hold 2 licenses: Mortgage Broker & Life Insurance and the learning curve was big and the ability to maintain both takes a lot of effort but it works for me. In our office we constantly meet and discuss new ways to obtain new clients, earn more business & help more people, and this has been a topic that has been a hot one since 2008 when the real estate market slowed down.

By being a one-stop-shop you may hurt your chances or receiving referrals from other professionals, but if you have a good stream of online leads or have a unique position to receive a lot of referrals regardless, then maximizing every prospect meeting and creating more revenue and better service is a great idea.

What do you think? Have you ever thought about multi- licensing? If you have I could probably help steer you in the right direction and avoid many common pit falls – give me a call and let’s do coffee. For the love of our business I make myself available to anyone anytime – Cheers

(Both jobs may require working nights and weekends especially if you do both at the same time!; compensation for both careers is based on productivity. A major difference to be considered is that the real estate agent may be moving from location to location during a typical work day. A mortgage broker, on the other hand, may work from an office or from home, and spend most of the work day on a computer or telephone.)

 http://www.investopedia.com/articles/financialcareers/10/real-estate-agent-mortgage-broker.asp

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s