I have a job interview for a real estate company for a referral rep position? it says no experience nec. what exactly does a referral rep do?
I am additionally a mortgage officer. It could now not be a contravention of RESPA, however most likely could be a contravention of state legislation, relying in your state. You could have 1099 staff who marketplace for you, however they have got to be licenced as mortgage officials as good. Anyone who's paid to speak with consumers approximately loans have got to be certified as a mortgage officer. This is specific relying at the state you're employed in however such a lot states have this equal requirement, and honestly after considering it I trust the regulation. I could now not wish untrained and unlicensed persons giving understanding and promoting loans. I have noticeable a number of corporations who rent 1099 staff, get them certified, then pay them 15-20% on closed loans. A senior mortgage officer (you) could make the steadiness of the break up, in view that you're going to undoubtedly be doing the paintings at the mortgage.
When people offer a position you can ask them what your duties would be, and in this case I suggest you do that as you need to know what you're applying for. I can tell it's not a career position as to be a career position you'd need a real estate license. And you can't go out on the property, use the lock on the homes or show the homes without the real estate license. So I would think the position you're applying for would be kind of secretarial or receptionist in nature. Like say someone calls in and asks what 2 bedroom homes you have available and you can just give them the addresses off a list given go you by the RE agent.
