How Real Estate Agents Should Talk About Lending Rates This Summer • Learning With A Lender • Joel Schaub

Welcome to the May episode of Learn with a Lender with Joel Schaub of Guaranteed Rate! In this episode Joel discusses what’s going on in the world of lending rates and what are the opportunities that agents should educate their clients on at the moment. Joel also talks about the importance of understanding the numbers and how to educate renters for their opportunities as property owners. Joel also explains the recent changes in the market that are affecting both people with lower credit score and those with perfect credit score. Last, Joel reminds everyone how to sign up for his weekly newsletter. If you’d prefer to watch this interview, click here to view on YouTube! Joel can be reached at [email protected] and 773.654.2049. This episode is brought to you by Real Geeks. Transcript D.J. Paris 0:00What can you do about high interest rates for your buyers and how it affects your sellers? Well, you probably think not much, but today we're going to show you what you can do to keep your business running in a high interest rate environment. Stay tuned. This episode of Keeping it real is brought to you by real geeks, how many homes are you going to sell this year? Do you have the right tools? Is your website turning soft leads and interested buyers? Are you spending money on leads that aren't converting? Well real geeks is your solution. Find out why agents across the country choose real geeks as their technology partner. Real geeks was created by an agent for agents. They pride themselves on delivering a sales and marketing solution so that you can easily generate more business. Their agent websites are fast and built for lead conversion with a smooth search experience for your visitors. Real geeks also includes an easy to use agent CRM. So once a lead signs up on your website, you can track their interest and have great follow up conversations. Real geeks is loaded with a ton of marketing tools to nurture your leads and increase brand awareness visit real geeks.com forward slash keeping it real pod and find out why Realtors come to real geeks to generate more business again, visit real geeks.com forward slash keeping it real pod and now on to our show. Right Welcome to another episode of Keeping it real the largest podcast made by real estate agents and for real estate agents. My name is DJ Parris, I'm your guide and host through the show. And today, once again is our monthly series called Learn with a lender with Joel shop from guaranteed rate. Let's tell you more about Joel Joel is the vice president of lending at guaranteed rate. He's been doing loans at a high level since 1220 years now to that actually 21 years. He's been doing this since 2003. And he got to that level of being one of the top lenders in the nation because of what he does specifically for agents, which is he gives back part of his commission to your client on every transaction. Last year alone, Joel gave back over $300,000 in closing costs to buyers who worked with him. And that puts Joel's volume in the top 1/10 of 1% of all lenders nationwide, which is a really impressive number because there are over 400,000 loan officers in in the country and Joel is currently ranked 137 out of 400,000. So he is really at the very top of the mountain last year alone he closed 319 transactions is highest ever. And that was for 126 million in loans, which is insane. This year, he's already closed. And remember, this is not an easy year for loan officers. He closed 106 transactions already for just shy of 40 or sorry, just over $45 million insane. Now if you're ever looking for a to work with maybe a different loan officer, maybe you don't have a great relationship with people that you've worked with in the past or you're just want to expand your business and want to partner with one of the best we cannot more highly recommend Joel he's the very best we've ever worked with. Guess what he did my loan. That's how much I like him.