App Explosion

Urban Spoon.  Dropbox.  Around Me.  Evernote.  Keynote.  Wikihood.  Posterous.

Those are just some of the apps — for smartphones and tablets — that I heard discussed (and extolled) at a Realtor conference this morning.

Yes, I recognize their utility.

And yes, I ‘m sure I’ll have my favorites by the end of the Summer (next up:  replacing my dud, first-generation Android phone).

Realtor Repertoire

But just because there is an app for it, doesn’t necessarily mean it should become part of a Realtor’s repertoire (IMHO).

Case in point:  app’s for calculating mortgage payments, mortgage insurance premiums, etc.

Once upon a time, I walked around with (printed) tables that calculated those numbers.

Then, I had them available on my laptop or smartphone.

But what I’ve discovered is that prospective Buyers who want you to calculate those things haven’t called a lender yet — which is one of the crucial, first steps in the house hunting process.

So, yeah, I’m happy to connect prospective Buyers with good lenders, but I don’t want to field questions that will inevitably come up in the course of applying for a mortgage (that process also includes the Buyer/Borrower providing their social security numbers, recent tax returns, W-2’s, bank balance(s), etc.).

P.S.:  My past and current clients will attest that I’m always available as a resource and sounding board if they have qustions navigating the loan process.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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