Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team)

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Rainmaker
2,325,609
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Lisa. We have 4 full time processors, one is licensed because she is also a part time loan officer, there is no difference in the qualify of their work. All of them are at the top of their game and paid very well as a result.

Dec 17, 2015 05:06 PM
Rainmaker
1,583,133
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

That might help, but the problem is the handlers they report to and are paid by.

Dec 17, 2015 12:15 PM
Rainmaker
1,295,472
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Trained to a standard.  Not sure licensing would do much.

Dec 18, 2015 03:15 AM
Rainmaker
3,438,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Never thought about this... not sure what licensing would add to the mix. I'd prefer our lenders to answer this question.

Dec 17, 2015 09:25 PM
Rainmaker
3,063,785
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

I don't know enough about the process to make that call...

Dec 17, 2015 08:57 PM
Ambassador
2,758,931
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Lisa. I do like Joe's answer. He should know.

Dec 17, 2015 05:09 PM
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I really don't know. I don't think it would be a bad idea. 

Dec 17, 2015 12:09 PM
Ambassador
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Patricia Kennedy
Redfin - Washington, DC
Home in the Capital

Lisa, licensing underwriters is probably a state by state thing.  The employing lender is already pretty regulated.

Dec 17, 2015 12:01 PM
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

That isn't a bad idea at all. Generally I am against more regulation but they are regulator and accountable and walk on eggshells.

Dec 17, 2015 11:54 AM
Rainmaker
3,985,513
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No, but there should be more oversite

Dec 18, 2015 04:20 AM
Rainmaker
4,798,469
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, it would make sense to do so.

Dec 18, 2015 02:46 AM
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

It couldn't hurt. 

Dec 17, 2015 11:23 PM
Rainmaker
1,401,427
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Lisa Von Domek I don't think it would change much. Just another fee for the State to collect.

Dec 17, 2015 10:24 PM
Rainmaker
3,549,963
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I think they should be properly trained! Most do not seem to be!

Dec 17, 2015 10:22 PM
Rainmaker
4,432,726
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not know whether a license will help. I hope they get good training .

Dec 17, 2015 10:14 PM
Rainmaker
1,306,594
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

As government is always looking to increase their wages, fee's and taxes why not! 

Dec 17, 2015 10:07 PM
Rainmaker
3,364,088
Richard Weeks
Dallas, TX
REALTOR®, Broker

For sure they should.

Dec 17, 2015 09:17 PM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I agree with Sandy Padula and Norm Padula, JD, GRI it's the people they report to that are a source of many problems.

Dec 17, 2015 04:34 PM
Rainmaker
1,817,793
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

that would be great to know they are trained! 

Dec 17, 2015 01:03 PM
Rainer
230,774
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

i dont think it is needed. if they are good, intelligent and learn the area. but it would put pressure on them to be on task or lose their license ??

Dec 17, 2015 12:29 PM
Rainmaker
1,679,810
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

With the focus of peoples homes on the line, I definately think they need a license.

Dec 17, 2015 12:02 PM
Rainmaker
1,027,150
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

They need *something* including courses in common sense. 

Dec 17, 2015 11:07 AM
Rainmaker
2,405,878
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes I do! Their knowledge needs to be regulated and certified by a license.

Dec 17, 2015 11:06 AM
Rainmaker
1,279,277
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

I haven't given it much thought, but upon reading your question, my initial response is yes.

Sep 05, 2016 01:35 AM
Rainmaker
812,570
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Lisa - I would agree with Ryan Huggins - Thousand Oaks, CA in that they should all be trained to a standard, but not sure that licensing would make a huge difference.

Dec 20, 2015 05:00 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I think there are too many licenses out there now already, it does not improve the quality, just limits the competition and employs more government paper pushers.

Dec 18, 2015 06:37 AM
Rainmaker
555,214
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Lisa,
While we talk about underwriting and underwriters, there are multiple hands in the process. There may be more than one processor involved and more than one person involved in the underwriting process. They are all under enough internal scrutiny. A license would not help IHMO.

Dec 18, 2015 12:13 AM
Rainmaker
3,614,378
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I'm glad Joe Petrowsky answered this question.   

Dec 17, 2015 11:51 PM
Rainmaker
494,041
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

In NC we use attorneys to handle closings. I can not imagine using someone off the street to handle such an important process. But we are a "Race State" so that might have something to do with my opinion.

Dec 17, 2015 08:48 PM
Rainer
158,415
Harjeet Bhatti
FITH THIRD BANK - Chicago, IL
Home Mortgage Consultant 25 States

No, I don't think they should be licensed professionals. Mostly UW are very experienced and they know their guidelines. 

Dec 17, 2015 11:56 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

In my province, real estate brokers and sales representatives are licensed in accordance with Ontario law.  However, Ontario law does not govern the usage of the term Realtor.  Realtor is a registered trademark used by CREA and via licence to members of CREA, the provincial real estate associations and local real estate associations.  Appraisers are not licensed in Ontario.  I am not aware that the Ontario government has found it necessary to license underwriters yet.  It has a lot of other things to keep itself busy.

Dec 17, 2015 11:37 AM