Comments on: My first day on the Zillow Mortgage Marketplace http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/ Tue, 16 Mar 2010 02:08:35 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: real estate in panama http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/comment-page-1/#comment-118539 real estate in panama Tue, 19 May 2009 17:30:50 +0000 http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/#comment-118539 Zillow is nice! Borrowers can rate lenders and leave comments about them so that others can make better decisions. The extra transparency also lets lenders know what types of offers they are competing with, which could lead to more competitive deals. That’s okay with lenders, though, since they’re gaining access to a larger market for which to make their offers. Regards, Henry Miller, Real estate in Panama. Zillow is nice! Borrowers can rate lenders and leave comments about them so that others can make better decisions. The extra transparency also lets lenders know what types of offers they are competing with, which could lead to more competitive deals. That’s okay with lenders, though, since they’re gaining access to a larger market for which to make their offers.

Regards,
Henry Miller,
Real estate in Panama.

]]> By: Don http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/comment-page-1/#comment-11358 Don Sat, 24 May 2008 01:15:19 +0000 http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/#comment-11358 All loan officers should go through the long process of filling out a loan request on LendingTree.com. You will discover as I did, unless you un-check some boxes on the screens, your information would not be sent to just 4 lenders... but an additional 5 lenders (getsmart.com)... so 4 + 5 = 9. The consumer is getting bombarded with emails and phone calls from 9 lenders during the first 30-days alone. Must read the fine print to see if after 30-days LendingTree.com is allowed to sell the aged lead to others. It is a racket! and it is the company selling the lead that is making all the money. All loan officers should go through the long process of filling out a loan request on LendingTree.com. You will discover as I did, unless you un-check some boxes on the screens, your information would not be sent to just 4 lenders… but an additional 5 lenders (getsmart.com)… so 4 + 5 = 9. The consumer is getting bombarded with emails and phone calls from 9 lenders during the first 30-days alone. Must read the fine print to see if after 30-days LendingTree.com is allowed to sell the aged lead to others. It is a racket! and it is the company selling the lead that is making all the money.

]]> By: David G from Zillow.com http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/comment-page-1/#comment-9954 David G from Zillow.com Sat, 05 Apr 2008 20:39:12 +0000 http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/#comment-9954 Rich - In focus groups borrowers told us that anonymity would encourage them to take internet shopping seriously. Smart borrowers are tired of having their personal details sold and their phone ring off the hook. And so we may well see more serious shoppers in the Mortgage Marketplace. Rich –

In focus groups borrowers told us that anonymity would encourage them to take internet shopping seriously. Smart borrowers are tired of having their personal details sold and their phone ring off the hook. And so we may well see more serious shoppers in the Mortgage Marketplace.

]]> By: Matthew Kelly http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/comment-page-1/#comment-9948 Matthew Kelly Sat, 05 Apr 2008 14:53:32 +0000 http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/#comment-9948 Your guess of 1000 quotes to get one or two phone calls or emails is significantly higher than what we have experieinced in the past couple of days. If someone would like to compare our quote on zillow versus their current offer, we are glad to participate. If they are a tire kicker or early on in the process, that's ok as well. Happens with our other on-line lead sources all of the time. Being able to compare quotes really empowers the consumer doesn't it? Your guess of 1000 quotes to get one or two phone calls or emails is significantly higher than what we have experieinced in the past couple of days.

If someone would like to compare our quote on zillow versus their current offer, we are glad to participate. If they are a tire kicker or early on in the process, that’s ok as well. Happens with our other on-line lead sources all of the time. Being able to compare quotes really empowers the consumer doesn’t it?

]]> By: Rich http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/comment-page-1/#comment-9947 Rich Sat, 05 Apr 2008 14:27:20 +0000 http://www.geekestateblog.com/my-first-day-on-the-zillow-mortgage-marketplace/#comment-9947 Actually my guess is that you might need to leave 1000 quotes to get one or two people to call or email you to discuss. Due to the annominity of the requester, I think it is safe to assume that most leaving requests are tire (foundation) kickers. If there is anyone serious then perhaps they are trying to keep their LO honest. Actually my guess is that you might need to leave 1000 quotes to get one or two people to call or email you to discuss. Due to the annominity of the requester, I think it is safe to assume that most leaving requests are tire (foundation) kickers. If there is anyone serious then perhaps they are trying to keep their LO honest.

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