“I have 3 Dozen Pending Pre-Qualifications”

“I have 3 Dozen Pending Pre-Qualifications”

 

 

 

The same time last year I had 19, so for me it is simple math. There are more prospective buyers in the market place right now. Interest rates are low and rental costs are going up, I see it as the perfect storm.

 

I track everything or just about when it comes to my business. 4 out of 5 prospective buyers that I do a pre-qualification for come to me as a referral and the rest come from leads that come to my website as a result of my blogging efforts.

 

Hi Joe!

 

Thank you so much for meeting with me Monday, it was very nice talking to you and I'm excited to start working with you and becoming a homeowner! My parents were right.

 

I have given your name to one of my co-workers this morning, she will contact you soon.

 

Enjoy the rest of your night

 

- Kristen

 

Image courtesy of Phanlop/freedigitalphotos.net

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 37 commentsJoe Petrowsky • March 25 2016 03:21AM

Comments

Hi Joe.  I have had a great first quarter.  Looking forward to a great year.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 1 year ago

You're a busy guy, do a great job and know how to generate business.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) over 1 year ago

That's excellent, Joe.  I hope this activity continues to grow for you.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 1 year ago

Good luck with all the clients that you have preapproved. I hope they will find a home soon.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 1 year ago

Good morning Joe. Eighty percent referral business! You are the King of Referrals! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) over 1 year ago

Good morning Joe Petrowsky,

2016 is going to be a very good year! I track my business and know exactly where it is coming from. I'm sure your clients who are pre-approved will find a home quickly!

Posted by Dorie Dillard, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) over 1 year ago

That is great news, Joe.  This should be a great spring and summer.  Smart to track everything.

Posted by Women of Westchester Working Together, Women helping Women get ahead (Women of Westchester Working Together) over 1 year ago

You're doing a great job! That's a lot of business in the pipeline.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, 914-419-0270, kat@thehousekat.com) over 1 year ago

That is wonderful news for you and for us - I think we all are going to have a good year.  

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Long and Foster) over 1 year ago

Joe: A very good idea to track where your business comes from. Good to hear you are very busy right now too.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 1 year ago

Joe: You have a system that works great for you. When you have a chance, meet me for lunch... with Gail..:)

Posted by Maria Gilda Racelis, Home Ownership is w/in Reach. We Make it Happen! (Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington) over 1 year ago

It has been a very active first quarter and I only hope it keeps going this way for the sake of our state's economy

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (RE/MAX Professionals, CT 203-206-0754 ) over 1 year ago

Joe, that is wonderful to have so many buyers in the hopper, and sounds like your market is changing.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) over 1 year ago

You know Joe Petrowsky I read this as a problem with inventory. If these buyers could find "that house" you would have them in process, wouldn't you?

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 1 year ago

Good morning, Joe --- that's a very nice increase in pending qualifications.  Now, it's time to find each that new home.  

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) over 1 year ago

Joe,

Great stats Joe, we are delighted for all your success.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding and Marketing (Napa Consultants) over 1 year ago

Good morning again Joe. This is very special and I'm sure your tracking is on the money.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 1 year ago

You are so right.... the rents are skyrocketing in price! It REALLY is cheaper to buy a house.

Posted by Sussie Sutton, UTR TEXAS Realtors - Rep for buyers and sellers. (UTR Texas Realtors) over 1 year ago

Hi Joe - your metrics certainly are good news for the spring market.  Congratulations!

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 1 year ago

Hi Joe,
That's great news!  I hope many of them find the home they want and finance through you.

Posted by Carol Williams, "Customized Mentoring & Marketing Services" (U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business.) over 1 year ago

Joe this is a much better Spring Market this year than it was last year.  If the majority of the Pre-Quals turn into loans this will be an excellent Spring.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 1 year ago

Spring market does indeed look good, both for listings and buyers.

Posted by Melissa E. Spittel, "Achieving Results Together " (Coldwell Banker Residential Brokerage) over 1 year ago

Your Statistics are good and a good sign that things have definitely picked up.  I'm seeing it here too!  However, the competition is fierce due to low inventory.

Posted by Diana Dahlberg, Real Estate in Kenosha, WI since 1994 262-308-3563 (1 MONTH REALTY) over 1 year ago

Joe

Your business is smoking hot . . . . Way to go Joe.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 1 year ago

How wonderful to hear that buyers are talking you and getting ready to buy the home of their dreams.  

Posted by Anna Hatridge, Missouri Realtor with Goodson Realty (Goodson Realty) over 1 year ago

Congratulations on the increase. Best of luck to you and your buyer clients.

Posted by Donna L Brown over 1 year ago

You are a lean mean working machine Joe.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 1 year ago

Joe Petrowsky  does that mean consumer confidence it stronger or is it that it is making up for the brutal winter? How was your winter comparison? Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 1 year ago

That's wonderful news - for you and for the agents in your community. Keep up the good work! 

Posted by Marte Cliff, your real estate writer (Marte Cliff Copywriting) over 1 year ago

See, here's the thing Joe Petrowsky - I think the reason you have more buyers in the pipeline is BECAUSE we are in the perfect storm.    I don't like bad storms.   I live in the mountains, where bad storms wreak havok!    The perfect storm is brewing because there isn't enough inventory of homes to sell.    Still, I congratulate you on your start to an awesome 2016....

Posted by M.C. Dwyer, Santa Cruz Mountains Property Specialist (Century 21 Showcase REALTORs) over 1 year ago

Joe, that is very impressive. I have to believe the doubling of your pre-quals from a year ago are due to the way you handle your own business and not so much a function of the market? Out West we seem to have a mortgage slow down and short inventory.

Posted by Craig Cooper, Creating-Preserving-Growing Wealth in Real Estate (Chase International Real Estate) over 1 year ago

Joe Petrowsky These emails are always so nice to receive.  Your clients really appreciate you and what you do for them; that is apparent.

Posted by Elyse Berman, PA, CRS, Pet-Friendly Realtor, 561-716-7824 (Realty Associates Florida Properties) over 1 year ago

Build your list by all means possible by nuturing, incubation, conversion and analysis. When interest rates go up the person with the largest list including persona information will survive, starting building now people...

Posted by Ron Aguilar, Mortgage & Real Estate Advisor since 1995 (Continental Mortgage) over 1 year ago

Joe, this is great news for you and may be a positive sign for this year.  Dallas sellers are still in the driver's seat and enjoying multiple offers.

Posted by Sharon Parisi, Dallas Homes (United Real Estate Dallas ) over 1 year ago

Oh, interesting that you track all your business like that.  Sounds like there is a shortage of inventory all around the US!  Should be a good year for you.

Posted by Mary Hutchison, SRES, ABR, Specializing in Brookside, Waldo, Prairie Village (Better Homes and Gardens Real Estate-Kansas City Homes) over 1 year ago

It is good to see that you are very busy. Have a most productive spring.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 1 year ago

I suspect Joe you ask the right questions to get the loan done.  I have a prospect that told me he could only qualify for X.  But knowing his situation I suspect the lender did not ask the right questions or know how to handle it.  I am meeting him tomorrow and will point him in the right direction.  

Posted by Gene Riemenschneider, Turning Houses into Homes (Home Point Real Estate) over 1 year ago

Participate