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Should Real Estate Agents Be Loan Officers???

I view ActiveRain as another forum. So, I beg to answer the question: Should real estate agents also be loan officers???

A case could be said for pros and cons, but I want to know what the general public feels.

Personally, I believe that it is a conflict of interest. I don't see how an agent can truly represent the interest of either the seller or the buyer of they are trying to do the loan at the same time. My company's policy is that my agents are not permitted to do real estate sales and do the loan. I would rather my agents focus on doing more sales. I don't believe in kickbacks and view that instead of giving me a point from the loan give me more business.

What do you think???

I'm curious.

Regards,
Melissa Gomez
VP of Operations
ERA Top Service Realty, Inc.
www.ERATopService.com

Posted Monday Mar 30