06/01/2026
Realtors have our “Preferred Lenders” for a reason. Not because we’re getting kickbacks from them for giving them business, not because they’re our friends, not because we don’t like so and so at XYZ Mortgage…. It’s because we’ve worked with our Preferred Lender countless times and we know their level of communication, experience, understanding, work ethic, close on time percentage, etc., is up to the standards we hold for our business and clients.
But… sometimes these things are out of our hands and we have to play with the cards we’re dealt-just like in this situation. My sellers have been under contract since April 8th…. 55 DAYS that’s not total time on market that’s just the amount of time they have patiently waited after accepting an offer. They have done everything asked of them and more to get their home closed, but are still delayed in closing even with an extended closing date originally granted. Buyers had their documents turned in, so this wasn’t on them dragging their feet. We just got CTC mid morning on Monday (Contracted Closing Date) and now have several steps remaining before they can finally close on their home.
I can promise you that if I give my preferred, local lender 55 days to close a deal, they’re not going to wait until day 50 to start reviewing the file just because they have the extra time. I’ll say it until I’m blue in the face, who you work with matters! We do this day after day after day and we know who is better in the industry than others at getting things done, trust us! Okay, rant over. Thank you for coming to my Ted Talk!
