Comments on: Outsource Realtors to India? http://www.azmortgageguru.com/outsource-realtors-to-india/ Home Mortgage Expert in Phoenix, Arizona Fri, 05 Dec 2008 10:18:20 +0000 http://wordpress.org/?v=2.6.1 By: Arizona Mortgage Guru » Imagine all the people…. http://www.azmortgageguru.com/outsource-realtors-to-india/#comment-127 Arizona Mortgage Guru » Imagine all the people…. Tue, 12 Jun 2007 23:16:55 +0000 http://www.azmortgageguru.com/?p=428#comment-127 [...] am I going with this you say? Readers of my blog will remember that I brought up the possibility of outsourcing Realtors to India. Many thought I was crazy and said it was outside the realm of possibility. I’m not saying this [...] [...] am I going with this you say? Readers of my blog will remember that I brought up the possibility of outsourcing Realtors to India. Many thought I was crazy and said it was outside the realm of possibility. I’m not saying this [...]

]]> By: azmortgageguru http://www.azmortgageguru.com/outsource-realtors-to-india/#comment-63 azmortgageguru Fri, 11 May 2007 16:18:28 +0000 http://www.azmortgageguru.com/?p=428#comment-63 Chris, Good point! I didn't even think of the licensing issue. I'm sure the NAR will fight any trend towards online licensing. Thanks for your thoughts! Shailesh Chris,

Good point! I didn’t even think of the licensing issue. I’m sure the NAR will fight any trend towards online licensing.

Thanks for your thoughts!
Shailesh

]]> By: Christoph Schweiger http://www.azmortgageguru.com/outsource-realtors-to-india/#comment-62 Christoph Schweiger Fri, 11 May 2007 12:59:50 +0000 http://www.azmortgageguru.com/?p=428#comment-62 Not sure how licensing comes into play? Since originators and processors do not have to be licensed in Arizona as of yet, outsourcing is a possibility in the mortgage lending business. I doubt that the entire purchase transaction could be outsourced pretty soon, since real estate agents must be licensed in the state they are doing business in. On top of that, the real estate license has to be renewed periodically. As of now, the initial real estate license for Arizona can only be obtained by attending 90 hours of real class room education - not online. Currently the only licensing which can be done online, is renewing the AZ Real Estate license. I am sure discount brokers have already brainstormed this possibility, but where does it stop? Not sure how licensing comes into play? Since originators and processors do not have to be licensed in Arizona as of yet, outsourcing is a possibility in the mortgage lending business.

I doubt that the entire purchase transaction could be outsourced pretty soon, since real estate agents must be licensed in the state they are doing business in. On top of that, the real estate license has to be renewed periodically. As of now, the initial real estate license for Arizona can only be obtained by attending 90 hours of real class room education - not online. Currently the only licensing which can be done online, is renewing the AZ Real Estate license.

I am sure discount brokers have already brainstormed this possibility, but where does it stop?

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