FAQs for Real Estate Agents
Does Dodd Frank prohibit agents from giving financial advice to homebuyers
No Dodd Franks specifically excludes real estate agents thus agents are not prohibited from discussing financial matters with their clients
Why do certain companies advise their agents against discussing financial matters with clients?
Some companies, particularly those involved in the mortgage industry, commonly discourage agents from discussing financial topics. This approach is often intended to ensure that financial inquiries are handled by their in-house mortgage specialists. However, AskChristee supports informed discussions about a client’s financing options, encouraging collaboration with lenders regardless of their affiliation with a real estate company
How does AskChristee Affordability Analysis Compare to Lender Prequalification
AskChristee is not a lender therefore she cannot issue a ‘Prequalification’ letter. However, AskChristee technology is superior to lender methods for affordability or prequalification calculations.
AskChristee offers two modules that forecast affordable price homes.
The prequal module is designed to be utilized by loan professionals. The Christee algorithms provide greater insight to affordability issues when compared to Lenders.
The quick prequal module is designed for real estate agents and produces sophisticated affordability options based upon desired monthly mortgage payment.
We encourage you to compare lender and AskChristee affordability suggestions.
Who can obtain access to the AskChristee calculation modules
Licensed Real estate agents and loan officers are eligible to create a membership account.
What are the benefits to becoming a AskChristee Member?
You will have access to the ‘Christee Modules’ which will absolutely change your real estate career. You will separate yourself from competitors with a simple question “Would you like me to review your purchase options to discuss with a lender.”
What is the monthly cost to become a member of AskChristee network?
The monthly cost is about $25 per month , however, the cost does change so please visit ‘About Us’ page ‘For Real Estate Agents’.
Are there any conflicts with loan officers and AskChristee
No. Loan officer use the Christee platform to enhance their ability to provide fast & accurate analysis and data to borrowers.
Are loan officers required to represent borrowers best interest
No. The only person with ‘agent’ responsibility in a real estate transaction is the real estate agent.
I do not want to discuss client income. How can Christee help me?
Christee provides two modules that were developed for agents that do not wish to discuss their client’s income or monthly debts. The Quick PreQual module will develop an in-depth report of affordable purchase options based upon a desired monthly payment.
The Quick Buyer Choice module will develop purchase loan options for a specific property without entering the client’s income or debts
Either module will allow you to compare loan types, downpayments, and closing cost thus allowing your clients to make smart decisions.
Should Agents discuss finances with clients
An agent should protect the interest of the clients (homebuyer) in all matters. Finances are an extremely important aspect of buying a home.
The NAR endorses agents using mortgage calculators to help REALTORS® advise their buyer clients, build trust and raise their clients’ financial literacy
I'm not sure I'm qualified to discuss financial matters.
Real estate agents are not licensed appraiser but they read and interpret sales data to arrive at an opinions of value. AskChristee will provide the financial analysis complete with comments and suggestions. By reviewing the Christee reports with clients and lenders, you elevate your role to that of a trusted advisor.
Each Christee report includes a link to ‘Help’ which explains the inputs and details of the report.
We encourage you to watch the instructional AskChristee Video Series. Click Here to Watch
How much does the mobile app cost
There is no additional cost associated with having the mobile app on your phone.
Will AskChristee increase lead conversion.
Yes, Our experience indicates that AskChristee will dramatically increase lead conversion. Many homebuyers are inherently wary of salespeople. The key to making a good first impression is not sounding like a salesperson. AskChristee provides the tools for you to demonstrate your value in financial matters thus elevating you to a Trusted Advisor and not just a salesperson.
Can AskChristee guarantee my success
To achieve success in real estate requires many things including (a) commitment to hard work (b) Promoting yourself without sounding too salesy and (c) The ability to establish trust to those you wish to serve. You supply the work and Christee will create a easier path to success
How do I get complete details for Membership
Under the ‘About Tab’ select ‘For Real Estate Agents’ to determine availability and cost for AskChristee membership in your market or click here
How does cancellation policy work
You may cancel your membership at any time. Membership dues will stop and be prorated as of the date of your cancellation.
How do online mortgage calculators compare to AskChristee.
There is absolutely no comparison. AskChristee was developed to be a professional tool for loan officers and real estate agents to elevate their careers. ‘Affordability Calculators’ or ‘Mortgage Calculators’ are not professional tools but rather a tool to aid in capturing loan applications.