The present-day real estate market holds layers of great complexity for financial institutions, investors, lenders, brokers, and borrowers alike. How are good real estate investments made? How can the process prove advantageous for all involved parties? Networking is integral to success in this industry—especially to address growing consumer needs and unique demands.
Smart business strategies require smart business partnerships—with the right kind of people, that is. Private lenders especially act as strategic partners to real estate brokers. Many brokers encounter clients that need alternative lending solutions. Let’s examine closer a list of clear-cut reasons why brokers should partner with a private lending service.
As mentioned above, alternative financing solutions are a critical component of today’s real estate market. Differentiating borrowing options hold incredible value outside of the traditional financial institution loan market. Clients who can’t go the bank route can turn to private lenders for customized real estate financing solutions. With ease, convenience, and adaptability, the scope of lending solutions offers far less restraint in this sector. Broker-lender partnerships break the standard mold and provide a better course of action.
Why else should brokers partner with a private lending service? Commission perks are definitely worth mentioning. The client may be more complex initially, but the addition of a private lending service provides a simplified fix. Private lenders have the necessary means and knowledgeable expertise so you and your clients don’t have to jump through financing loopholes. Since deals close with more speed and precision, you get your cut straightforward, without additional pressure or overexertion.
Private lending services give brokers opportunities for additional, future business. By making practical, informed lending decisions on the client’s behalf, direct private lenders fill an industry gap for everyone’s benefit. Brokers can leverage this market demand to continue their own business growth and complete a greater volume of real estate deals—or encounter further referrals because you’re a broker that clients can count on.
If you are an investment loan broker in the Orange County area, consider partnering with Val-Chris Investments today. Our broker referral program is a mutually beneficial business relationship. Simply put, we love our brokers—and strive to provide our collective clients with the most favorable loan packages. With flexible terms and a faster application and closing process, we pride ourselves on finding customized solutions for diverse financing situations. Contact us for more information today.