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12-22-2021, 08:04 PM #1
- Join Date
- Oct 2021
- Posts
- 221
Cant say i agree with this. If the broker says they are selling the deal at a 1.39 or any rate above the buy rate it still looks exactly the same on the contract since the sell rate is the sell rate no matter if the broker is making 1%, 2% or 15% so if the broker says the merchant agrees to a 1.39, its 'sold' and now the broker just asking for more points. Now if they want to look for a better deal and they get it, good for them but we all know time kills deals - merchant is either going to fund with another broker or they just lose interest/go dark. I would just think its better to make something on a deal then make Full Boat on $0 funded
As regards to the 'funders' that are blowing up brokers phones on here, cant say i would ever do that here since the few people i know and trust here are good people but i would never want the rando brokers from here submitting to me but those 'We fund A-Z paper and fund 15%' post are pretty funny. Desperate funders out here.
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