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05-10-2018, 01:36 PM #1
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
So now brokers who've been banned by various funders for behaving badly can now safely and anonymously submit their deals and get back in the game...
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05-10-2018, 01:52 PM #2Karen37aGuest
Thats what the net result will be on some.
Instead of us firing people on ground level, or catching people backdooring or moles or debt relief they can take in raw applications with out real human screening ,live compliance
You cant replace live salespeople and live human underwriting, compliance
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05-10-2018, 10:30 PM #3
- Join Date
- Apr 2018
- Location
- Miami
- Posts
- 38
This is a good point
Referring to Archies post about shady brokers now being able to submit anon (i guess unless there is correspondence once offer is accpeted??), havent made it that far yet.
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05-11-2018, 08:31 AM #4Karen37aGuest
one of the bigger problems is that once you see a company like "acefundingllc" fund with them, you can sign on with them direct and avoid the system.
Like brokers who create an llc to get away from the original iso to get 2-3 more points.
Something or someone other than software has to keep them going back to it.
Brokers who are part time or submit a deal here or there will most likely continue on....but the ones who can produce fund 3-10 applications a month continuously will tire of it unless again...someone is leading the charge ...a sales motivatior, trainer.
Or you have some other incentive to go into the system...leads ( but nasty brokers steal the leads and then fund elsewhere)Last edited by Karen37a; 05-11-2018 at 08:35 AM.
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