BATTLECALL.COM: MORTGAGE TRAINING, LOAN OFFICER TRAINING AND MORTGAGE BROKER TRAINING FOR WARRIORS.  How To Close More Loans In Less Time & Make More Money. :-)
Home | Join Now Warriors Wanted | Free Tour | Site Search | Warrior Discussion Forum | Help & FAQ's | Tell A Friend | Contact Us | WARRIOR LOG-IN HERE >>>>>
Join Battlecall.com Now And Become A Warrior
 

 Join Now Warriors Wanted
 Take Our Free Site Tour
 Free Sample Training
 Free Tips Newsletter
 Member Success Stories
 Got Questions? Ask Us
 Warrior Discussion Forum
 Battlecall Image Gallery
 Most Popular Resources
 Suggest An Idea Or Topic
 Tell A Friend
 Post A Loan Scenario
 Mortgage Basics
 Advice For New People
 Sales & Marketing
 Loan Officer Survival
 Power Processing
 Lenders & Loan Products
 Regulation & Compliance
 Credit Reports & Repair
 Net Branch & Going Solo
 Mortgage Management
 Wholesale & Lender Reps
 Land/Construction Loans
 Home Purchase Loans
 Commercial & Mixed Loans
 Hard Money Loans
 Refinance/Cash-Out Loans
 Subprime & B-Paper Loans
 Reverse Mortgage Loans
 HUD, FHA & VA Loans
 Consumer Mortgage Info
 Mortgage Ad Case Studies
 Goals & Living Your Life
 Advanced Strategies
 Creative Financing
 Real Estate Investing
 Real Estate Development
 Real Estate Legal Advice
 For Real Estate Agents
 Condo Conversions
 Real Estate Humor
 Warrior Marketplace
 Today's Market Quotes
 Today's Mortgage News
 Mortgage Calculators
 Download Library
 Warrior Buyer's Guide
 Real Estate Dictionary
 List All Forum Topics
 List All Downloads
 List All Audio Resources
 List All Site Resources
 Site Search
 View Site Map
 Change Text Size
 Help & FAQ's
 Add A Link To Us
 Our Guarantee
 Site Privacy Policy
 Warrior Log-In
 Renew Your Membership
 Terms Of Use
 About Us
 Our Products & Services
 Our Partners
 For The Media
 Advertise With Us
 Become A Contributor
 Contact Us

Discussion Forum
Home | Sales & Marketing | 5 Highly Effective Ways to Use Your . . .
 

5 Highly Effective Ways to Use Your Mortgage Business Card...Part II

BATTLECALL GUEST EXPERT: Tom Domin, Mortgage Marketing Toolkit

In Part I we talked about adding value to your card and using the back of the card to promote your mortgage marketing message. I'm sure these remaining business card tips will help you in your mortgage business:

 

3. Set a goal indicating the number of business cards you want to hand out each day.

 

If you're a newbie (new person) in the mortgage business with a limited budget...or if you're an experienced originator experiencing a period of very few referrals...this tip is for you. Even the best of us get back in the trenches to generate business.

 

Now here's the deal: You pick the number and set your daily goal. The only thing I suggest is that you pick a good number...it can be three, five, seven, ten, etc.

 

You'll have to meet your goal every day. Now, I don't expect you to work on Sunday and...you can also take off Saturday...but only if you've reached your goal the previous five days in a row.

 

So...if you picked five as your daily goal and you reached your goal each day...you now have twenty five cards out there working for you. Do this for a month or two or three and all of a sudden you have three hundred cards out there working for you.

 

Are you going to get some business as a result...of course you are. It's a numbers game...the more people you talk to...the greater your chance of success.

 

When I first started in this business, this is how I did it. I picked ten as my number and at the start of my day I set aside ten business cards. I made a promise to myself that I wouldn't go home until I had handed out every one of those cards.

 

I did that for over six weeks straight and even worked in a couple of Saturdays. No matter what I had going that day, I made sure that I hit my goal. I have to tell you...it works. In six short weeks I had distributed over 330 cards. It wasn't long before I had some calls coming in from these contacts and eventually loans in my pipeline.

 

4. Print your own cards. Even if your company supplies business cards, find a way to print a few cards.

 

Most employers don't object to this. Plus, this gives you the opportunity to create an identity with your card as well as produce cards with multiple backs.

 

Why multiple backs you may be asking? For different sales messages of course! For example...If you spend a fair amount of time calling on Realtors, then the back of your card should relay a message geared specifically towards Realtors.

 

Over the years I've seen cards with various back designs including the following: 

1. A mini-certificate good for $250 which can be applied towards closing costs.
2. A list of documents needed to begin the application process.
3. An Amortization Schedule.
4. A list of loan programs available to borrowers.
5. A special loan program like the low start rate program.
6. A statement like "I save commissions!" or "Last year we saved $146,000 in commissions." This is obviously geared for Realtors/Agents.
7. "We offer easy Builder approval!"
8. The possibilities are absolutely endless...think about your market...and you'll find a message.  

Ok, here's my last point on the subject of Business Cards:

 

5. We touched on it above...use your business card to create an identity for yourself. Printing your own card helps to do this. Personally, I don't like the picture idea at all...I'll leave that idea for the Realtors.

 

Instead, create a consumer-friendly phrase to separate yourself from other loan officers. Many loan officers use "Loan Officer for life" theme. Think original, such as; "Moving? Take me with you to finance your next home." Spend some time on this and pick a good brand for yourself.

About the Author: Tom Domin has over twenty-five years of experience in sales and training in Real Estate and as a Licensed Mortgage Broker. He is currently publisher of "Tom's Mortgage Tips" a twice monthly Mortgage Newsletter for Mortgage Professionals. You can sign-up by visiting http://www.mortgagemarketingtoolkit.com


Got an opinion? We want to hear from you. Post your thoughts or comments here in our Mortgage Warrior Forum. Come join the conversation and say hello...onward mortgage warrior!


Printer-Friendly Format
·  Remember To Sign All Your Documents Correctly
·  "Defensive" Investing... Know Your Market Before You Proceed
·  A To M: Mortgage Broker Regulations Breakdown By State
·  Lenders: List Of State By State Requirements
·  Flat Fee Real Estate: Are MLS Only Listings The Future Of Real Estate?