Vice President | Branch Manager
Rick Scherer promises five-star customer service because he knows that he and his team can deliver. As Vice President and Branch Manager at Guaranteed Rate, Scherer has created an office environment that fosters determination and commitment as well as business growth. He works with a variety of clients ranging from first-time homebuyers to investors purchasing multi-family homes within Massachusetts, Rhode Island and New Hampshire.
For the last seven years, Scotsman Guide has ranked Scherer among the top 1 percent of all mortgage originators, and in 2016, he and his team were able to close $100 million even as they transitioned from their previous mortgage company to Guaranteed Rate. “The learning curve with all of the new and exciting technology slowed us down for a month or two but once we were up and running, it made it all worth it,” he says.
As a professional with 16 years of real estate experience, Scherer prioritizes assisting others in improving their businesses. “When I am not with my clients, I am typically working side by side with my referral partners,” he says. “I often host Real Estate Agent Masterminds where I will bring together 10 agents for a three-hour event to discuss and share best practices. I have and will continue to help my partners in any way I can so that we all continue to grow our businesses together.”
Scherer has found a great balance between being a team leader, growing his own business volume and spending time with his family. He enjoys time with his wife, daughter and son, boating in Boston Harbor during the summer, and skiing in New Hampshire in the winter.
Scherer is a member of the Greater Boston Association of Realtors and a supporter of HomeStart, an organization that specializes in securing permanent housing for people living in shelters and helps people maintain their homes when threatened with eviction.