What Do Real Estate Agents Need To Understand About Rates In 2023? • Learning With A Lender • Joel Schaub

Welcome to the April episode of Learn with a Lender with Joel Schaub of Guaranteed Rate! In this episode Joel talks about the mortgage rate increases, and how this situation is creating a little confusion for the buyers. Next Joel discusses how agents should advise their clients properly, not to rush into the decision of purchasing the property just because of the current low rates. Last, Joel emphasizes the importance of communication and showing the clients different alternatives of loans. 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's going on with lending rates? And where do we see them heading for the rest of the year? 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 onto our show. 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 am your guide and host through the show today. Once again is our monthly series called Learn with a lender with Joel Schaub, one of my favorite people in the whole planet. So you're so lucky to get to listen to Joel because I am lucky to get to listen to Joel he's from guaranteed rate. Let's talk about Joel Joel is the vice president of lending a guaranteed rate he's been doing loans at a high level since 2003. He's got to that level because of what he does specifically for agents, which is he gives back part of his commission to the buyer on every transaction. Last year alone Joe gave back over $300,000 in closing costs to his buyers who worked with him and that put his volume in the top one 10% of all lenders nationwide. By the way, if you're watching this, you're probably listening but Joe's lovely wife, Christine just walked back and forth. And I would feel sad that I was talking because I would have loved to have said Hi Christine. We love you. Everybody loves you. But anyway, back to Joel. And let's see where were we Oh, Joel is in the top 1/10 of 1% of all lenders nationwide. In fact out of 400,