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You are here: Home > Business > Marketing > Mortgage Broker Marketing: How to Get Realtors to Support Your Fees |
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Casual Articles - Mortgage Broker Marketing: How to Get Realtors to Support Your Fees
Hot Tips For Marketing Books For Self Publishers with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…?With careful planning you can market, promote, and get (free) publicity (publicity is always free) on a limited budget; you can take the cheap and easy way. Whether you've just published a book or have a book that isn't selling, now is the time to get to it; start marketing today! This article will provide you with easy, free, and cheap book marketing, promotion and publicity tips to get you headed in the right direction fast.Send out the same press release to the editor of your local daily newspaper every week until you are called for an interview or are written up. Your book press release should not be written as you would a sales letter o For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing t Wild West Creative Fund Raising Idea The store sign blares, “Divorce Today…$199,” another trumpets, “Rolex Watches – Cheap,” and the next one shouts, “4 tires, $120.” Discounting is everywhere, advertising a common message – low price and cheap service.There are so many creative fund raising ideas that you can use to raise money for your favorite organization or group. The size of the fund raising project will really depend on what you need to accomplish financially. This article will expose you to a creative fund raising idea you can use for your next fund raising event.Take a Step Back To the Wild WestThis creative fund raising idea will take a little planning, but it is sure to be a winner if done right. Follow the step below to create a fun and memorable Wild West fund raising event that will surely be unique.Supplies needed -- You will need some nice squirt guns for this Discounters wreak havoc on the rest of us who charge for a premium service. With so many businesses advertising low price, it makes customers ultra price sensitive. In your case, the customer is a real estate agent, and more of them are becoming price sensitive to fees charged by you. What’s Your Fee? The agent asks, “How much do you charge the client?” The loan officer replies, “I charge a point on the front and one on the back.” The Agent appearing stunned says, “That seems unfair, why are you charging so much?” The perturbed loan officer utters, “That’s what I’ve always charged.” The agent leaves, never to return again. Hopefully this has never happened to you. Instead, you should expect the opposite when you understand how to get agents to support your fees. Rather than agents questioning how much you charge, they’re explaining to the client why your service commands a premium. Marketing is your opportunity to shape their perception of your service, before appealing to them about a relationship. It should educate an Agent, ahead of you meeting them, about the quality of your service, which is in direct proportion to the size of your fees. It’s like luxury automobiles. Seldom does someone walk into a Lexus dealership and haggle over price. Marketing has shaped their buyer’s perception of quality, prior to walking into the showroom, to defend the price. How to Describe Your Service Is your brochure shaping perceptions of your service? In many cases, brochures brag about service with unproven statements like, “We deliver great service.” And when a loan officer is questioned about fees, they struggle to prove the worth of it. If you want agents to truly understand the quality of your service, your marketing has to express it. Begin by making your service tangible. If an Agent can’t see, hear, or touch it, they’ll create their own perceptions, one that won’t support your fees. It’s not good enough to just say, “We deliver excellent customer service.” Here’s how to make it tangible:
Make It Trivial For instance, develop an outline of the loan application process and describe it in steps, i.e. “Our Exclusive 12 Step Process.” Better yet, develop an outline of the communication between your office, the agent, and the borrower during the loan application process. Let the focal point be a flow chart with graphics, since it’s excellent for agents to visualize. Be More Descriptive in the Details When you describe your staff, mention the number of combined years of experience, “Our seasoned staff combines over 150 years of mortgage experience.” Use pictures and biographies to make an emotional connection. And as a personal favorite, use details to describe what’s involved, “Over the course of a loan, a production assistant, two processors, a manager, two underwriters, myself and 20 sets of hands will touch your file.” The FAQ You can create a supplement brochure that answers the most frequently asked questions. Questions should be answered in sequential order from easiest to toughest. About half way down the list, include questions that address your fees. A tool like this can help an Agent defend your fees when the client questions them about it particularly. The Three Amigos So why should any Agent care about doing business with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…? For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing th The Do's and Dont's of Creating Lucrative Business Partnerships erstand how to get agents to support your fees. Rather than agents questioning how much you charge, they’re explaining to the client why your service commands a premium. I run a small meeting, event and conference planning company based in the New York City area. As an entrepeneur and small business owner with a limited advertising and marketing budget, developing business partnerships has been really helped me to get the word out about the services that I offer. For example, I have aligned myself with a DJ company as the preferred planner for their clients and am actively receiving business and referrals from this source. Also, due to my partnership with a travel agency, I am now handling meetings, conferences and events for inbound corporate groups from abroad. Forming strategic alliances has been and will contin Marketing is your opportunity to shape their perception of your service, before appealing to them about a relationship. It should educate an Agent, ahead of you meeting them, about the quality of your service, which is in direct proportion to the size of your fees. It’s like luxury automobiles. Seldom does someone walk into a Lexus dealership and haggle over price. Marketing has shaped their buyer’s perception of quality, prior to walking into the showroom, to defend the price. How to Describe Your Service Is your brochure shaping perceptions of your service? In many cases, brochures brag about service with unproven statements like, “We deliver great service.” And when a loan officer is questioned about fees, they struggle to prove the worth of it. If you want agents to truly understand the quality of your service, your marketing has to express it. Begin by making your service tangible. If an Agent can’t see, hear, or touch it, they’ll create their own perceptions, one that won’t support your fees. It’s not good enough to just say, “We deliver excellent customer service.” Here’s how to make it tangible:
Make It Trivial For instance, develop an outline of the loan application process and describe it in steps, i.e. “Our Exclusive 12 Step Process.” Better yet, develop an outline of the communication between your office, the agent, and the borrower during the loan application process. Let the focal point be a flow chart with graphics, since it’s excellent for agents to visualize. Be More Descriptive in the Details When you describe your staff, mention the number of combined years of experience, “Our seasoned staff combines over 150 years of mortgage experience.” Use pictures and biographies to make an emotional connection. And as a personal favorite, use details to describe what’s involved, “Over the course of a loan, a production assistant, two processors, a manager, two underwriters, myself and 20 sets of hands will touch your file.” The FAQ You can create a supplement brochure that answers the most frequently asked questions. Questions should be answered in sequential order from easiest to toughest. About half way down the list, include questions that address your fees. A tool like this can help an Agent defend your fees when the client questions them about it particularly. The Three Amigos So why should any Agent care about doing business with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…? For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing t You Don't Have To Get It Right, You Just Have To Get It Going ruly understand the quality of your service, your marketing has to express it. Begin by making your service tangible. If an Agent can’t see, hear, or touch it, they’ll create their own perceptions, one that won’t support your fees. It’s not good enough to just say, “We deliver excellent customer service.”I have a confession to make.Starting something new sucks. Yup. Plain and simple I'm impatient and when I see something I want, I don't want to have to go through the growing pains of getting it to where I want.Can you relate to that?For example, many of you know that I'm relatively new as an information marketer. I started my career almost a year and a half ago and some people would say that I've enjoyed a fair amount of success in such a short period.I would agree and I'm very happy with the progress that I've made.However, being surrounded with marketing gurus like Alex Mandossian, Armand Morin, John Childers Here’s how to make it tangible:
Make It Trivial For instance, develop an outline of the loan application process and describe it in steps, i.e. “Our Exclusive 12 Step Process.” Better yet, develop an outline of the communication between your office, the agent, and the borrower during the loan application process. Let the focal point be a flow chart with graphics, since it’s excellent for agents to visualize. Be More Descriptive in the Details When you describe your staff, mention the number of combined years of experience, “Our seasoned staff combines over 150 years of mortgage experience.” Use pictures and biographies to make an emotional connection. And as a personal favorite, use details to describe what’s involved, “Over the course of a loan, a production assistant, two processors, a manager, two underwriters, myself and 20 sets of hands will touch your file.” The FAQ You can create a supplement brochure that answers the most frequently asked questions. Questions should be answered in sequential order from easiest to toughest. About half way down the list, include questions that address your fees. A tool like this can help an Agent defend your fees when the client questions them about it particularly. The Three Amigos So why should any Agent care about doing business with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…? For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing t Maximize Your Home Business Profits With Press Release Distribution w chart with graphics, since it’s excellent for agents to visualize.If you are new to the world of home based businesses, or have just started selling a product that you would like to tell everyone about, the best way to do so would be to use press release distribution. One of the simplest and most effective ways of letting people know about your home business is through press release distribution. In order to maximize sales, home business owners need to drive customers to their home based business, which are interested in their products, and want to buy.To find targeted traffic, a home business owner should know they will need to use various forms of media available to let the public know about the merchand Be More Descriptive in the Details When you describe your staff, mention the number of combined years of experience, “Our seasoned staff combines over 150 years of mortgage experience.” Use pictures and biographies to make an emotional connection. And as a personal favorite, use details to describe what’s involved, “Over the course of a loan, a production assistant, two processors, a manager, two underwriters, myself and 20 sets of hands will touch your file.” The FAQ You can create a supplement brochure that answers the most frequently asked questions. Questions should be answered in sequential order from easiest to toughest. About half way down the list, include questions that address your fees. A tool like this can help an Agent defend your fees when the client questions them about it particularly. The Three Amigos So why should any Agent care about doing business with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…? For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing t The Importance Of A Good Phone Message For Title Closers And Freelance Notary Signing Agents with you? Because of what you can do for the Three Amigos. Who are they? The same three people you care about – me, myself and I. Agents are people too, aren’t they? Well, maybe not…?Good and bad marketing extends beyond what you send to your customers. It is also, what you present to your clients about you and your business. During the years that I operated my Signing Service, I called many notaries to schedule appointments. For the most part the messages on their answering services were excellent. They sounded like "You have reached Cathy and I am not available right now, please leave a message and I will call you back." Good, but even better would have been “Hello this is Cathy you have reached Cathy's Notary. Sorry I missed your call. If your call pertains to a signing appointment, please leave a message and I will c For example, if you’re consistent at producing referrals, isn’t this a reflection of quality service? And if the referral benefits the Agent, isn’t this a powerful reason that explains why your fees are a premium? The exciting news is, the more an Agent understands how they directly benefit from your service, the higher a fee can be incurred. Are you thinking what I’m thinking? Exactly! How can you describe servicing clients after the loan closes, so you produce referrals for the Agent (and yourself)? Since many agents have this gap in their marketing, they’ll appreciate you more. By making your details trivial, being more descriptive, and educating how they directly benefit, you’re helping an Agent rationalize emotionally and logically why your service commands a premium. By doing this, they’ll be less likely to question your fees and help clients understand the value of your service and why it’s a premium.
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