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Now comfortably ensconced in the industry, Daood said he derives much support from the Association of Independent Mortgage Experts of which he is a member. His association with the group has yielded the opportunity to become comfortable speaking to crowds of 1,000-plus people as he did at last year’s “Hall of AIME” event in Miami, he said. Additionally, he benefits from “phenomenal” discounts AIME gives members when pulling credit reports – which can really add up when posting the level of volume he does. Daood said he also gains invaluable insight from AIME’s broker-to-broker podcasts.
Snow accumulation is hardly the only hardship Daood has faced in his young life. He recalled the Great Recession of the late 2000s, when he witnessed his Iraqi immigrant parents endure the indignity of having their home foreclosed after his father was laid off from his job. Aside from himself, his parents have two other children – his younger brother and an older sister.
Yet it was that same work ethic developed at an early age shoveling snow that helped Daood come to the rescue for his family. “I ended up renting out a house in my name for my family at that point.”
The knowledge gained as a broker has further helped him assist his family and ensure they’re housed since those dark days of the recession. “Honestly, ever since then, my family has lived with me,” he said. “I’ve taken care of my family, and right now, they still live with my wife and me. I have a house that I bought five, six years ago for $300,000 that I’m going to move them into when our baby is due. I’m going to still cover the note for that house which is $2,800 a month and all the expenses there, and make sure they’re taken care of at the end of the day.”
Clearly, Daood has come a long way from snow plowing with a path ahead that is clear and unencumbered.
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