Growing up I never liked the game broken telephone. It confused me. I couldn't wrap my head around the fact that reciting the words "walk the dog" could go in the ear of the kid to my right, and come out as "Jeff eats bugs" from the kid to my left. It seems so simple, each of us has but one responsibility – to convey three simple words to the person sitting next to us – yet not once, not even one time, has the combination of words that went into that circle come out the same by the end. It's incredible.

Now I get that as children it was meant to be a joke, but I continue to find myself being apart of this same game as an adult, which is less funny than it is sad. Broken telephone is supposed to be a game my kids play at summer day camp, not to serve as a training exercise for communicating as working professional adults.

How many times have we come to find that stories shared from one friend to another reach our ears completely different and leave us with a misunderstanding of some product or service? How often have we made premature decisions about eating at a restaurant, hiring a contractor or purchasing a product because someone told us we shouldn't, only to find out that claim had gone through its own journey of broken telephone – or was simply miscommunicated from the beginning?

Unfortunately the game of broken telephone has proven popular in our industry as well – and with one particular situation I feel to be very costly to my real estate partners...

As a mortgage and real estate professional with over 20 years of experience I would like to clear the air right now – you should accept FHA offers. That's right you should accept and embrace FHA offers, buyers and the like. The broken telephone lines are relaying you incorrect messages that are costing you deals. Deals that account for 35% of market share! That's right 35%.

FHA loans, when pre-approved properly, can provide for a great deal of value on both the buy and list side, because FHA products provide for more lenient guidelines for the buyer, and the lower down-payment requirements can allow sellers to perhaps capture a greater sales price.

Agents that take listing with the stipulations of "cash or conventional" are missing out on a HUGE segment of the market. I want you to really think about that and keep it in mind.

I designed what I would consider to be the most through pre-approval process in the industry over the last 7 years, providing thorough pre-approvals accurately reflecting the facts of each buyers scenario between the hours of 8am – 9pm 7 days a week. It is available to you as listing agents if you need to leverage it, without the expectation of me or my team funding the loan...think about the offer I am extending to you!

We're here to fix the broken telephone lines and ensure our partners have all the facts to allow you to capture the fabulous opportunities FHA buyers have to offer – call us anytime at 561-864-2458 even if I am not a part of the transaction and you want to run a scenario by me, please know that I am here for you.    

Thank you all for listening. We are committed to supporting you. So send us a friend request on Facebook or LinkedIn @mattweaverspeaks. If you need a fresh perspective on a transaction you're working on, even if we are not apart of it, please give me a call I'd be happy to have a look.

I am very excited to share with you all our next upcoming Behind the Curtain Series Event – Heavy Hitters. We are pleased to have Mr. Mark Rucco of the Mark Rucco Group joining us to discuss some of the keys to his success that have allowed him to be ranked as the #1 Agent for Palm Beach County by Most Closed Transactions in 2016, and ranked in Wall Street Journals Top 200 Realtors Nationwide.  

This event will sell-out and seating is limited. Our first ever Heavy Hitters event will be held at the Cinemark Theater in Boca Raton on October 26th from 9:30am – 12:00pm. To secure your seat today, please email Brett Vidro at [email protected]. We are very excited to have you with us and learn from one of the biggest heavy hitters of real estate in south florida.

The views of this blog, "Your Morning Shot" podcast, and on this site in general are solely those of the authors, Matt Weaver (NMLS-175651) and Zack Lewis, and do not express the views or opinions of Finance of America Mortgage.