Friday, March 15, 2013
One Thing Every Realtor Should Know
Realtors, are you aware that when your buyers contact us and we pull credit, an inquiry is registered by the credit bureaus - who turn around and sell what's called a 'trigger lead.' This means the credit bureaus sell your clients' names, addresses, phone numbers and credit scores. Within 24 hours, your clients are being contacted by lenders across the country with offers that can sound pretty great until you take a harder look. We've heard of several lenders being sneaky in their approach, making it sound like they're working with us.
Please protect your clients! All 3 bureaus cooperate with http://www.optoutprescreen.com - basically a 'do not sell my info' list. This not only protects your clients from what could be a frustrating and/or expensive mortgage experience, but a potential opening for identity theft as well.