Episode 3: Confessions of a Game Changing Branch Manager with Jeremy Crooks

Imagine earning extra income from your real estate transactions without needing a mortgage license. We promise you'll uncover this innovative opportunity through the DUAL Commissions Program in our latest episode, as explained by Ralph Watkins. Joined by Jeremy Crooks, Branch Manager at our federally chartered national bank, Ralph dives into how recent HUD clarifications have empowered realtors to earn commissions on mortgages seamlessly. They share compelling personal stories from the mortgage industry, shedding light on how evolving regulations now allow realtors to capitalize on this additional income stream while staying compliant with essential regulations like the SAFE Act, NMLS, RESPA and HUD.

Curious about the nitty-gritty of compliance and originating loans without needing an individual mortgage license? Our discussion answers all your pressing questions, revealing the benefits of partnering with a prestigious 110-year-old bank. Learn about the rigorous compliance measures in place and how HUD's updated rules eliminate conflicts of interest for earning a Real Estate commission and a mortgage commission on the same transaction. Discover how easily this role can integrate into your existing realtor duties, offering an effortless additional income without changing your broker or commission structure. We also clarify why 1099 employment isn’t an option, ensuring every step stays within legal bounds. If you're a realtor looking to boost your income with minimal hassle, this episode is a treasure trove of insights you won't want to miss.

Be sure to check subsequent episodes for a more complete understanding of how the DUAL Commissions program can revolutionize your Real Estate business and reinvent your earning potential.

Be sure to check subsequent episodes for a more complete understanding of how the DUAL Commissions program can revolutionize your Real Estate business and reinvent your earning potential.