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08-02-2023, 08:45 AM #9
The broker wanted to charge a PSF. Client balked. I closed the deal without the PFS, broker came unglued, client blocked the broker. Broker said they no longer want to do business with me. I have over $10M of their clients in process. None of the clients are dealing with the broker ever again. I do what is in the best interest of the client, not what makes the most money for the broker. Broker still makes money, just not stupid money. Broker refuses to do deals wthout a PSF. That's a lot of lost deals. Is that really the right way to run a business. $6.4M deal. Broker said if they don't get their 1.75% PFS, they aren't doing the deal, I did the deal without it. So who wins and who loses? Client said fawk the broker and their PSF.
Last edited by Olderguy; 08-02-2023 at 12:16 PM.
Steve Benjamin
Professional Business Loans
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Irvine, CA 92620
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https://probizloans.net/
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949.228.1050
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