In this MikeDrop episode, co-hosts Michael Kelleher and Michael Zau dive into the often-overlooked challenges of homeownership, painting a vivid picture of the reality that new homeowners face. While the initial excitement of owning a home is undeniable, the honeymoon phase can quickly fade when unexpected issues arise—whether it's a leaky faucet or a misplaced instruction manual, the responsibilities can feel overwhelming.
Michael Zau sets the tone by addressing this very issue, humorously pointing out that for many homeowners, it's "all unicorns and rainbows" until something goes wrong. This lighthearted introduction underscores the importance of preparedness and effective home management, themes that resonate throughout the episode.
The conversation then shifts as Michael Kelleher takes center stage, calling out lenders for their communication shortcomings. Drawing from his extensive experience as a disruptor in the mortgage industry, Michael doesn't mince words. He acknowledges that while lenders excel in various stages of the mortgage process—from prequalification to post-closing—they often fall short when it comes to leveraging their data and relationships to truly connect with homeowners. His advice? Think of yourselves not just as lenders but as broadcasters of homeownership, providing continuous support and guidance to clients long after the papers are signed.
This episode also features insights from Daniel Smith, the founder of Keepingly, who shares how his platform is helping to bridge the communication gap that Michael highlights. Keepingly is more than just a home management tool; it's a revolutionary approach to maintaining, managing, and growing the value of a home. Daniel's contribution to the discussion reinforces the episode's central theme: the need for ongoing communication and support in the homeownership journey.
As the episode wraps up, the key takeaway is clear—whether you're a lender, a homeowner, or an industry professional, the focus should always be on building lasting relationships. This MikeDrop episode is packed with actionable insights, making it a must-watch for anyone involved in the housing market.