How Buying or Selling a Home Benefits the Economy and Your Community
Sprout Mortgage - Retail Division
Local loan officers providing uncommonly good home financing solutions not commonly offered by other mortgage companies.
When you’re helping your clients with buying?or?selling?a home, chances are you’re focusing on the many extraordinary ways it’ll change their life. But do you know it has a large impact on your community too?
To measure that impact, the?National Association of Realtors?(NAR) releases a?report?each year to highlight just how much economic activity a home sale generates. The chart below shows how the sale of both a newly built home and an existing home impact the economy:
?As the visual shows, a single home sale can have a significant effect on the overall economy. To dive a level deeper, NAR also provides a detailed look at how that varies state-by-state for newly built homes (see map below):
You may be wondering: how can a single home sale have such a major effect on the economy?
For starters, there are multiple industries that play a role in the process. Numerous contractors, specialists, lawyers, town and city officials, and so many other professionals are all necessary at various stages during the transaction. Every transaction involves a team of?professionals?involved behind the scenes, like yourself - trusted?real estate advisors.
That means when you help your clients?buy?or?sell?a home, you’re leaving a lasting impression on the community at large. Let the knowledge that you’re contributing to those around you while also meeting the needs of your clients help you feel even more empowered every day.
Bottom Line
Homebuyers and sellers are economic drivers in their community and beyond. Let’s connect so you have a trusted lender on your side to help your clients. It won’t just change your life; it’ll make a powerful impact on your entire community.
Get connected with one of Sprout Mortgage’s experienced local loan officers.
Disclosures:
All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply.
Sprout Mortgage, LLC, NMLS# 1844521 (www.nmlsconsumeraccess.org), 1680 SW St. Lucie West Blvd, Suite 208, Port Saint Lucie, FL 34986, 800-403-7518. For complete licensing information, visit?www.sproutmortgage.com/licensing. Equal Housing Opportunity.?
This communication is provided for use by real estate or mortgage professionals only and is not intended for distribution to consumers or other third parties. This does not constitute an advertisement as defined by Section 1026.2(a)(2) of Regulation Z.
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