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When The Loan Officer is Also A Real Estate Agent...

A loan officer becoming a Buyer's Agent is interesting. I know that in a previous "One Stop Shop" company I worked for, the loan officer was also a real estate agent. The manager tried to keep that information on low-down. The loan officer was a good guy, but c'mon...

My questions are:

would you refer customer/clients to a loan officer that was also an agent?

And how do you know that your previous customers are not being "courted" by the now Buyer's Agent/loan officer???

How do buyers avoid a conflict of interest?

Just something to think about.

(See story below)

Realty bites: Getting into real estate nowadays can be a tough sell
Bizjournals.com - Charlotte,NC,USA
Jeff Ellis started working as a real estate agent in February more as a necessity than a matter of choice. Tightening credit conditions had slowed business ...

Posted Saturday Jun 21