{"id":1423,"date":"2007-05-14T08:32:34","date_gmt":"2007-05-14T15:32:34","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1423"},"modified":"2007-05-14T08:32:34","modified_gmt":"2007-05-14T15:32:34","slug":"mortgage-brokers-how-everybody-can-win","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1423\/mortgage-brokers-how-everybody-can-win\/","title":{"rendered":"Mortgage Brokers — How Everybody Can Win"},"content":{"rendered":"

Almost three years ago we kinda sorta beta tested doing invitation only seminars for past clients of local mortgage brokers. It went like this.<\/p>\n

The mortgage guy went through his data base looking for clients who either fit the investor profile, (as defined arbitrarily by some bald dude) or folks who had actually spoken to them about their investments, or how they wanted to get started. This resulted in a ’10 best list’. We’d decided to keep these seminars small and intimate. We didn’t want to play the numbers game. By limiting the invitees to those who were actually interested in real estate investing, we felt 10 people (or couples) was about the right sized group.<\/p>\n

This turned out to be correct, as the atmosphere was more like having a conversation instead of being talked to. It also resulted in more time getting their questions answered than listening to me talking at them — a good thing.<\/p>\n

I wrote in more depth on this topic several days ago<\/a>.<\/p>\n

So far, the mortgage brokers who have hosted these seminars have increased their production significantly, and their clients have begun the march to a great retirement through intelligent real estate investment. The very first mortgage broker to participate ended up inviting only five clients. All five became our clients. In the eight months immediately following our first client meetings, he closed almost 30 loans. In the year after that he did another dozen.<\/em><\/p>\n

I invite you to contact me if you have interest. We don’t charge for the seminars, but the host is responsible for our travel and hotel expenses.<\/p>\n

Our last seminar of was held in Boise, and the response was incredible. We ended up having to do two of them.<\/strong> All but one person decided to seriously consider becoming a client. So far, over half have indeed signed on. This will mean by the end of the year our Boise host will be busy providing about 10-20 new loans — all a direct result of the seminar. <\/strong>This also means that whatever these clients do in the future, the original seminar host will be the go-to Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Almost three years ago we kinda sorta beta tested doing invitation only seminars for past clients of local mortgage brokers. It went like this. The mortgage guy went through his data base looking for clients who either fit the investor profile, (as defined arbitrarily by some bald dude) or folks who had actually spoken to […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,26,5],"tags":[],"class_list":{"0":"post-1423","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-lending","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17922,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17922\/mat-ishbia-draws-a-line-in-the-sand-do-business-with-rocket-mortgage-and-you-wont-do-business-with-uwm\/","url_meta":{"origin":1423,"position":0},"title":"Mat Ishbia draws a line in the sand; do business with Rocket Mortgage and you won’t do business with UWM","author":"Brian Brady","date":"March 4, 2021","format":false,"excerpt":"The dynamic CEO of United Wholesale Mortgage, Mat Ishbia laid down an ultimatum to the mortgage broker channel today.\u00a0 Ishbia said, in a conference call with members of the Association of Independent Mortgage Experts (AIME), that mortgage brokerages who choose to fund loans through Quicken's Rocket Mortgage will no longer\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1304,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1304\/designations-real-education-marketing-give-me-a-break\/","url_meta":{"origin":1423,"position":1},"title":"Designations — Real Education — Marketing — Give Me A Break","author":"Jeff Brown","date":"April 15, 2007","format":false,"excerpt":"I apologize in advance for the War and Peace length of this post. And also to those who, even though my intent is good, will become offended at the thoughts offered. My intention here is to offer real clarification to real estate investors as to what is really required in\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9803,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9803\/real-estate-investors-its-time-to-come-out-of-hibernation\/","url_meta":{"origin":1423,"position":2},"title":"Real Estate Investors: Its Time to Come Out of Hibernation","author":"Cooksquared","date":"September 19, 2009","format":false,"excerpt":"Is it time to start investing in real estate again? \u00a0 First positive sign, I am writing again.\u00a0 While I write that half-jokingly, there really has not been a lot to write about for the past six months.\u00a0 My previous advice was to take shelter and start researching the markets.\u00a0\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1236,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1236\/predatory-coaching-for-realtors-and-loan-originators\/","url_meta":{"origin":1423,"position":3},"title":"Predatory Coaching For Realtors and Loan Originators","author":"Brian Brady","date":"March 29, 2007","format":false,"excerpt":"Are you a victim of predatory coaching? There are many advice gurus available to Realtors and loan originators. I watch our industry grow and am amazed at the cottage industries that have hatched from that growth. It reminds me that the only people really making money in multi-level marketing sell\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1622,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1622\/six-daily-disciplines-of-purposeful-advisers\/","url_meta":{"origin":1423,"position":4},"title":"Six Daily Disciplines of Purposeful Advisers","author":"Brian Brady","date":"July 3, 2007","format":false,"excerpt":"The following essay is taken from a lecture by Todd Duncan at the Strategic Equity Summit. Mr. Duncan opened the conference of 3,000 mortgage originators with an electric speech chock full of useful information. Mr. Duncan is an author, a highly sought after speaker, and a business consultant. His company,\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11580,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11580\/will-pre-approval-letters-be-banished\/","url_meta":{"origin":1423,"position":5},"title":"Will Pre-Approval Letters Be Banished?","author":"Brian Brady","date":"March 17, 2010","format":false,"excerpt":"Score one more screw up for the Government-Banking Complex...and watch mortgage brokers thrive because of it. 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