This source actually wants you to contact the leads and get loans from them. This source has no business with these mortgage leads, and only makes money if you can convert the leads into loans.
But wait, it gets even better.
There is not just one of these sources. There are dozens where you live and they all compete with one another. So if you play your cards right, you can get free mortgage leads from all of them.
Can you guess what this source of free mortgage leads is?
I'll give you a hint: It's a place you wouldn't mind visiting everyday.
Hint #2: The people that work there, talk to you on a regular basis - if you are doing loans on a regular basis.
OK, I'll tell you: the source is...
drum roll please...
Your Local Title Company.
Now in all states, this won't hold true. And not all title companies will help you out. But if you want real estate information, a title company is a great place to get it. If you need a mailing list of home owners, or renters your title company should be able to help you.
I just had two Jump Start Your Mortgage Career E-Class students tell me yesterday that their visits to title companies were very fruitful. They were very happy with the free mortgage leads that they received.
One student was given THOUSANDS of names and addresses of people in the area whose ARM's will be adjusting soon. Now his only problem is deciding whom to market to first. The title company also gave him the dates of when the ARM's would adjust so that allows him to space out his marketing to that his message hits exactly when the homeowners will be thinking about refinancing.
Another student visited 5 title companies and they all helped him with free mortgage leads for his particular niche.
If you have not talked to your title company about how they can help you improve your business, you need to do so...today! Not only are these mortgage leads highly targeted, but they are free!
But before you go, have your niche in mind. The more specific you can make your requests the better the information will be. And if your title company does not want to help you with mortgage leads, or they are "too busy", find one that will.
Since we give them so much business, they should be helping us with whatever we need.
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If you're like most people, you are ignoring this valuable learning opportunity. In fact, you're probably throwing away your junk mail immediately and deleting emails without even looking at what's being offered and how it's offered.
As far as email goes...most of us sign up for mailing lists in order to access information. We understand that the price for that information is giving up an email address. The result is a series of subsequent marketing emails from the person providing the goodies. When we get those emails, we might read them or we might just delete them as we go about our daily business.
Whether it's a direct mail piece or an electronic email delivered to your inbox...what you should be doing is reading each of them very carefully. No, I'm not saying that every product offer you receive deserves your purchase via credit card! Far from it! What I'm arguing is that each of those offers is a free object lesson in marketing.
Read them. Analyze them. What is the person sending them doing right? Is the letter/flier or email a good one or a bad one? Is it effective or does it turn you off? Does it get your attention? Does it make you want to buy? Would it make others want to buy? What can you learn from it?
Pay careful attention to the mailings from successful marketers who are recognized as top performers in their fields. Learn from their direct mail and emails. In many cases, major advertising agencies have put these offers together at a tremendous cost.
I'm not suggesting that you read every piece of spam sent to you, but you should pay close attention to the opt-in mailings you receive. Even if you aren't interested in the product behind the mailing, the text of that copy itself can be extremely valuable to you as a mortgage professional and a marketer.
Everyday I receive over three hundred emails. Many of these are a result of my opt-ins to subscriptions, newsletters, and email courses. Some are just plain spam. I don't use any email filters because they also inadvertently filter out the good emails I want to read. The spammers will always win the battle with programmers that design our email filters. Never do I miss an important email because it was placed in a junk folder somewhere automatically.
I try to handle each email once. It is either deleted immediately or, if it is a result of my opt-in and covers topics like Real Estate, Mortgage and Finance, Internet Marketing, or Customer/Client stuff, I do a speed read and save it using the sender's name as the folder name. I don't save the emails in an Outlook folder...instead; I set up an email folder on an external disc drive and save each in their own file. If the email requires my action, it's flagged and left in the inbox until completed. It's then saved and the original message deleted.
You'll be surprised how quickly you can review your junk mail and email and benefit as a result. Subscribe to as much as you can and read them. You'll learn how to better market your mortgage products, how to refine your advertising copy, and much more. It's a completely free resource that deserves better treatment than a quick trip to the trash can or the delete key!
Both Ameen Kamadia & Tom Domin are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Ameen Kamadia has sinced written about articles on various topics from Home Buyers Guide, Foreclosure Help and Home. Ameen Kamadia, known as "The Millionaire Loan Officer" offers dozens of free articles about mortgage marketing. Get dozens of great cheap lead generation ideas at his free. Ameen Kamadia's top article generates over 60500 views. to your Favourites.
Tom Domin has sinced written about articles on various topics from Finances, Sales and Negotiation and Prospects. Tom Domin is the author of "101 Ways to Originate Mortgages" and publisher of "Tom's Mortgage Tips" a twice monthly Mortgage Newsletter geared for Mortgage Professionals. Increase your pipeline and put your mortgage career on the fast track and sign-up fo. Tom Domin's top article generates over 74000 views. to your Favourites.
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