There are a zillion ways to do mortgage marketing. Obviously we
cannot cover even a small percentage of them here. But what we will
cover is a few basic mortgage marketing advertising tips that can help
you succeed in your mortgage marketing.
Mortgage Marketing - Lesson #1
All your marketing should be held accountable for itself. This
means that all your mortgage marketing advertising should be bringing
in more money than it is costing you. And you find this out by tracking
all your advertising. The easiest way to track is to ask people when
they call or come in. "Where did you hear about us?"
If you do a lot of different mortgage marketing advertising,
then you need to add tracking numbers to your ads. For example, add
coupons to your ads that people can tear out and bring in for a free
gift. The coupon should have a tracking number on it so you can tell
where the customer got the coupon.
Mortgage Marketing - Lesson #2
You should focus on getting the prospect's contact information
in all your advertising. Get them to give you their name, address,
phone, and email. This will allow you to follow up with them. Build up
your database as fast as possible. Your database is your greatest and
most valuable business asset if used properly.
Mortgage Marketing - Lesson #3
Stay in constant communication with your database. At least once
a month, they should hear from you, about you, or read about you. The
best way to do this is newsletter mortgage marketing. By using this
great tool, you can have something in their hands every month.
Newsletter mortgage marketing is a must for every loan officer. If you
do no other mortgage loan marketing, you must do this. And you must do
it every month.
The trick is to outsource the newsletter to a newsletter
mortgage marketing company. These companies will write, design, print,
and mail your newsletter for you to whomever you want. All you have to
do is give them a photo of yourself and pay them every month. They do
the rest.
To get the names of some great newsletter mortgage-marketing companies, visit: http://www.mortgagebrokertraining.com/Links/a+-recommended-vendors.html
By just using newsletter mortgage marketing I have seen some of
our coaching clients go from zero referrals a month to 2-3 referrals a
month. Just by using a simple newsletter.
Mortgage Marketing - Lesson #4
Ask everyone you know for referrals. Contact all your friends,
relatives, past customers, and keep asking for referrals. You won't get
unless you ask. We have a great program that can help you generate more
referrals than you can handle. It's called Referrals on Demand and you
can get more info at http://www.mortgagebrokertraining.com/referrals.html
Referrals are the easiest loans to get, and close. You also make
more money on a referral loan than a regular loan. And they treat you
with more respect. Once you build up your database to a few hundred,
you should focus more on them, and on generating referrals. It is the
cheapest form of mortgage loan marketing out there today.
About The Author
Ameen Kamadia, "The Millionaire Loan Officer" has taught over
4,583 loan officers to get more loans and make more money. For 100's
more FREE tips and strategies that will skyrocket your business, visit http://www.mortgagebrokertraining.com.
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