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Consumer Direct Marketing - Don't Leave Your Mortgage Business Without It

You may be very happy contacting and eliminating the competition. A Realtor
schmoozing Realtors/Agents/Builders and Agent/Builder would be out of their mind
begging for their business or, possibly to suggest that your client start the
purchasing leads and then competing with mortgage process all over again with a
three or more originators for the new loan officer and a new company. After
mortgage. But, there are many loan all, the mortgage is approved and a quick
officers and mortgage brokers working closing is all but guaranteed, isn't it?
with prospects, home buyers and sellers, Here are a just few "Consumer Direct
many months before they even think about Marketing" methods you could be
contacting a Realtor/Agent. incorporating into your marketing program
It's called "Consumer Direct Marketing" to ensure your mortgage success:
and the mortgage professionals that are 1. You can market to your existing
incorporating this principle into their database ever month with timely mortgage
marketing programs, are way ahead of you. and credit information, postcards,
And yes, it's simply marketing to articles, and reports.
consumers, prospects, and clients long 2. You can market to For Sale By Owners
before they decide to make a mortgage (FSBOs) and assist them in selling their
decision. homes and pre-qualify and pre-approve
The mortgage professionals that are using their prospects for them.
this principle have seen the handwriting 3. You can market to first-time home
on the wall and the changes taking place buyers and pre-approve them for a
in the mortgage industry. I'm sure you've mortgage loan in advance and before a
experienced the fact that many Realtors Realtor/Agent is involved.
Agents and even some Builders now have 4. You can market to anyone by providing
their own mortgage companies. They are free articles and reports such as
competing with you head-to-head and Refinancing Tips, Home Buyer Tips, Credit
originating loans themselves. They Tips, Mortgage Tips, Mistakes People Make
control the listings and now they are When Shopping For A Mortgage, and the
trying to control the entire transaction like.
including the mortgage process and 5. You can market to Divorce Attorneys,
eliminate you from the deal. Financial Advisors/Planners, and CPA's to
By marketing directly to consumers well gain referral partners and new mortgage
in advance you're circumventing this prospects.
possibility. You're establishing a Yes, the mortgage business is changing.
rapport, a bond, and enhancing your Don't be left behind...and don't be that
position as a trusted financial advisor "Old Dog" that can't learn new
with your contacts. You're also approving origination tips. Change the way you
them for a mortgage in advance further originate loans and you'll continue to
solidifying your position and totally prosper in the mortgage business.




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