Posted by Jessica Ward on 9/17/10 4:41pm
Msg #353036

My highest volume month EVER

Holy cow, I can't believe how busy I've been this month. Anyone have an idea what is causing the volume and/or how long it might last? I'm booking out fully, frequently days in advance from 10am-10pm. What gives? I've never had this sort of volume before. Not that I'm complaining, but I'm wondering if it's likely to be short term or hold up a good long while.

Reply by MW/VA on 9/17/10 6:26pm
Msg #353045

You're obviously doing something right, Jessica. This is an example for others to follow.
If you build your business & reputation the work will come--sometimes more than you want! LOL
IMO the volume is here because of the fantastic interest rates. I did a FHA S/L today for a gal who was quoted 4.5%, but got 4.375%. Needless to say, she was thrilled. It's great to see people get some real relief & savings in their monthly budgets.

Reply by James Dawson on 9/17/10 6:40pm
Msg #353052

Live like it was a bad month.....and put the rest away for a rainy day.......it's coming!

Reply by JanetK_CA on 9/17/10 9:27pm
Msg #353072

Great advice! n/m

Reply by Alz on 9/18/10 6:25pm
Msg #353118

Words of great wisdom.. n/m

Reply by Blueink_TN on 9/17/10 9:06pm
Msg #353068

Yes Jessica, it's awesome isn't it! It's true, the interest rates are bouncing on the bottom and homeowners everywhere are seeing their chance to save some $$$. However, you must be doing a great job - As a SA turned LO, I can honestly say how important it is to have a qualified closer. When it comes time for my loans to close, I pray... please, please, please God - let the NSA know what he/she is doing!!

Reply by Bear900/CA on 9/18/10 9:11pm
Msg #353120

Local FirstAm escrow officer said 65% of closings are refis. At 4.25 it's no wonder. WA was one of the states that kept an active RE market when the bubble burst. You gotta wonder how many loans were ARMs. I would think most people are getting fixed - for 30 yrs that is. Enjoy the ride!

Reply by Joan Bergstrom on 9/18/10 11:36pm
Msg #353121

Great month! "Let the ride continue" as posted before.
Cheers,
Joan

Reply by Jessica Ward on 9/20/10 3:35pm
Msg #353203

Blueink--that's an interesting transition! But I can totally understand your anxiety about the closer knowing what they are doing. I really, really hate when I'm sent on "cleanups" to fix something from another notary. Here in WA it is very, very easy to become a notary--so there's lots of people who don't know how to close loans properly, but go about doing it anyhow. :-S

Reply by LKT/CA on 9/19/10 9:24pm
Msg #353133

Been busy with both general notary work and loan signings. It's nice to have some cash on the spot from the general notary work while I wait for the receivables to come in.....SWEET !!!