Dave Ramsey is a well-known radio host who assists individuals in budgeting and saving money. Additionally, his advice in real estate sales and purchases is widely followed. Many real estate agents use his ELP program to connect homebuyers and sellers with experienced professionals who share Ramsey’s financial principles; it is free for use and matches up people with local Realtors who follow Ramsey’s teachings as fans of his radio show and follow its teachings.
The ELP program has some distinct advantages over traditional real estate agencies. Registration is quick and simple online, while its matching service matches you with a Realtor who shares your financial values. Once your matches are selected, you’ll be able to review their sales records, customer reviews, Dave Ramsey books they have read as well as whether or not they belong to Financial Peace University course memberships.
ELP works to assist buyers and sellers find an agent, but also works with mortgage brokers and other financial services providers for buyers in need of home loans, and sellers looking for maximum revenue from their sale. Although this program provides additional services that may help, be sure to shop around before selecting these additional providers to ensure you’re getting the best rates and terms.
At first glance, the advantages of working with an ELP are obvious to homebuyers and sellers. These agents have been carefully chosen by the Ramsey organization and adhere to his financial principles, with some offering special deals such as discounts. Their expertise may also prove particularly helpful to those following Ramsey’s debt snowball strategy, who wish to pay off their mortgage early.
However, some customers have reported issues with the ELP program. Some customers have noted that they are charged high referral fees that eat into their profit. Others have complained about missing out on top-tier realtors due to a limited pool.
Although some customers have expressed discontent with ELP services, there have been customers who have found their experience with ELP to be positive. Jenna M****** gave high marks to her Ramsey Trusted Realtor for guiding her quickly through the home buying and selling process while drawing multiple buyers willing to offer premium pricing for her home.
When searching for the ideal local Realtor that shares your financial values, it’s essential to interview potential candidates before making a final decision. Ask questions about their marketing strategies, open house procedures and any qualifications or specialization they possess. Also look at alternatives like Clever Real Estate and UpNest which provide more agents at lower fees (around 1.5% commission for listing homes).