Thursday, August 19, 2010

Does anyone have any prospecting tips for mortgages?

I mortgage broker and I woul like to find out what other mortgage brokers are doing to increase business. Maybe some of you would like to set up a forum to exchange ideas.Does anyone have any prospecting tips for mortgages?
You could check out http://www.fsbo3k.com they have a site developed by loan officers, it might be a good avenue for you as well.





Other than that, network, network, netowrk!! Meet and talk with REA's, CPA's, CFP's, Family Law Attorney's, Debt Collectors, and friends and family of course. Get a network of close friends 'advertising for you', if you have 10 ppl getting your name out there everytime they heaer someone say pruchase or refinance, your sure to start making connections.





And once you do DO NOT be afraid to ask for referrals.Does anyone have any prospecting tips for mortgages?
Meet with local real estate agencies and leave your card there. IF you can get an in with a national mortgage company (GMAC finance comes to mind), they may contract with you to be their local rep. Find out who are the biggest employers in your area and talk to their HR dept. When they hire employees who have to relocate, ask that your contact info be included in the welcome packet. Advertise in local real estate magazines.

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