A: Yes, and for several strong defining factors…
Leverage the knowledge… at C2 Commercial we can take your loan request to several active lenders to create competition for your loan, resulting in the best economic terms. Lenders negotiate more seriously when they know other parties are competing for your business.
Time efficiency… by hiring an exclusive loan broker, a borrower saves valuable time by shifting finance responsibilities like finding the best lenders, fielding calls, processing the request and running financial models to their broker. This allows borrowers to focus on their core business.
Alignment of interest… exclusivity keeps the interest of the broker and the borrower aligned. Since commercial loan brokers only get paid if they complete the financing transaction, a non-exclusive broker’s objective could be to get a transaction completed quickly, even if it may not be in the best interest of the client. A qualified exclusive loan broker, who is protected by a retention agreement, can be objective and spend the needed time to identify and negotiate the best financing possible.
Full Service Approach… it is highly unlikely that a non-exclusive broker is going to commit the full suite of resources their platform offers. In today’s market, valuable services like processing, data collection, financial modeling and investment analysis can help a client make a more informed real estate and financial decision.
Create opportunities in a tight market… a qualified broker who understands the local, regional and national lender market is able to be resourceful and effectively use their time to source the best financing for any given scenario. To take advantage of a real estate investment opportunity, you need a financing source that is reliable, fast and predictable. An opportunity is only real if you can take advantage of it otherwise; it’s just another transaction for someone else.