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  • Digg it UP - Loan Officer Marketing - Why Realtors(r) Don't Read Your Brochures

    Bang Bang-Make Room In the Walk In
    During long sticky days at sea, one of the many exciting activities offered to passengers (we called them cones for some reason) on a cruise ship is skeet shooting. We used lead free pellets and biodegradable skeet discs to make certain that no creatures of the sea were harmed in any way. Never mind that we were handing a shotgun over to an inebriated, over heated, somewhat older and usually male cone. Happily full from the generous late afternoon lunch buffet and rum-runners, these cones would pay about thirty dollars just to pop off a few rounds and hopefully hitting enough targets to brag about it at the dinner ta
    t’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Cra

    Job Lead Websites To Use in Your Telecommuting Search
    Let me ask you a question: are you tired of using job sites only to find scam after scam? I bet you're nodding your head in agreement to that question. I know that I was sick and tired of spending all my time online searching for telecommuting jobs only to find scams. Any type of free job site is going to have a few scams, but some sites have more legitimate jobs than others, and some are easier to use than others.There is one job site that I enjoy, have found the most legitimate jobs from, is the easiest to search through, and has a good variety of jobs. This site is http://www.craigslist.org/. If y
    When you place brochures from every mortgage company side by side, you can’t help but notice the similarities. Each piece mentions that they have every possible loan program available, proven & experienced professionals, fast & friendly service, a list of documents needed to process the loan, a promise of individualized attention and a commitment to professionally serve the client.

    This is fine and dandy for consumers, but what about your brochure for real estate agents? If you’re giving to agents the same brochure you give to clients, does it help you stand out? Probably not - and even if you do have a separate brochure for agents, does it avoid the 3 most common mistakes?

    Brochure Mistake #1 – Feature-Driven Messages

    This is the colossal mistake with most brochures. Here’s a quick list of features often mentioned in mortgage brochures; loan rates, APR, quality service, mortgage insurance, points, refinance, payments, purchase, full service, originate, retail, interest-only, option-only, ARMS, free quote, to name a few.

    Features don’t tell the reader anything. Sometimes it only confuses them more about your service. When an agent reads your brochure, they’re reading it for one reason. They want to know, “What’s in it for them.” If you’ve been in sales for a length of time and have been a good student of it, you know that people are interested in hearing benefits, not features. But wait, there’s a twist.

    If you sell widgets, your brochure follows an old school formula. It describes what the widget is (feature) and than tells the customer what the widget will do for them (benefits). Pretty simple, isn’t it?

    But you’re in the mortgage business. Or better said, you’re in the service business. Wherein lies the caveat, when you sell a service, it’s invisible. You can’t touch, smell or see it. Even though describing the benefits an agent receives from using your services is helpful, it’s not enough.

    If you want your brochure to make a difference, the kind of difference that gets noticed by agents, than describe the problems they have that you can solve for them.

    It’s a strange phenomenon, but dreadfully true. Agents are more interested in reading about their problems than reading about the benefits of your services, or features for that matter.

    Brochure Mistake #2 – Use of Jargon

    Jargon is like, “Swahili,” a confused, unintelligible language. It’s words that you understand, but leaves an agent clueless. Jargon comes across as obscure and pretentious. Instead, keep things in simpleton terms. Your brochure should focus on expression, not impression. Using buzzwords, stylish words or phrases can come off as pompous.

    Jargon slows down or stops the reading process. Avoid it by writing your brochure in a casual voice, as if you’re having a conversation with the reader. In English class you were taught to write very formal, remember, your brochure isn’t a term paper, it’s an opportunity to persuade and shape one’s perception.

    Make use of pictures to communicate, they’re only worth a thousand words. Agents understand with their eyes. Graphs, charts, photos, and pull quotes are examples of conveying or supporting key points.

    Everyone’s brochure mentions good customer service. As an alternative, use a flow chart to demonstrate your service, and than support it with satisfied client testimonials.

    Brochure Mistake #3 – Me-tooism Disease

    Don’t take offense - most of us have this disease. You see what might be working for someone, so you copy it for yourself. It’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Craf

    Fear of Failure
    Of all the real or perceived impediments to success, the biggest is the fear of failure. Certainly, there are often many other obstacles to overcome, but it is this one phantom that prevents most people from even attempting to create the success they imagine that they want.And, in most cases, it is a mere phantom—the boogeyman that hides under the bed. Fear of failure is a creature of imagination and like most creatures of imagination, it disappears when looked at in the clear light of day.The thousands of missed baskets made by Magic Johnson were not failures. They were successful attempts to train his min
    age insurance, points, refinance, payments, purchase, full service, originate, retail, interest-only, option-only, ARMS, free quote, to name a few.

    Features don’t tell the reader anything. Sometimes it only confuses them more about your service. When an agent reads your brochure, they’re reading it for one reason. They want to know, “What’s in it for them.” If you’ve been in sales for a length of time and have been a good student of it, you know that people are interested in hearing benefits, not features. But wait, there’s a twist.

    If you sell widgets, your brochure follows an old school formula. It describes what the widget is (feature) and than tells the customer what the widget will do for them (benefits). Pretty simple, isn’t it?

    But you’re in the mortgage business. Or better said, you’re in the service business. Wherein lies the caveat, when you sell a service, it’s invisible. You can’t touch, smell or see it. Even though describing the benefits an agent receives from using your services is helpful, it’s not enough.

    If you want your brochure to make a difference, the kind of difference that gets noticed by agents, than describe the problems they have that you can solve for them.

    It’s a strange phenomenon, but dreadfully true. Agents are more interested in reading about their problems than reading about the benefits of your services, or features for that matter.

    Brochure Mistake #2 – Use of Jargon

    Jargon is like, “Swahili,” a confused, unintelligible language. It’s words that you understand, but leaves an agent clueless. Jargon comes across as obscure and pretentious. Instead, keep things in simpleton terms. Your brochure should focus on expression, not impression. Using buzzwords, stylish words or phrases can come off as pompous.

    Jargon slows down or stops the reading process. Avoid it by writing your brochure in a casual voice, as if you’re having a conversation with the reader. In English class you were taught to write very formal, remember, your brochure isn’t a term paper, it’s an opportunity to persuade and shape one’s perception.

    Make use of pictures to communicate, they’re only worth a thousand words. Agents understand with their eyes. Graphs, charts, photos, and pull quotes are examples of conveying or supporting key points.

    Everyone’s brochure mentions good customer service. As an alternative, use a flow chart to demonstrate your service, and than support it with satisfied client testimonials.

    Brochure Mistake #3 – Me-tooism Disease

    Don’t take offense - most of us have this disease. You see what might be working for someone, so you copy it for yourself. It’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Cra

    Make Your Business Plan Read Like An Action Novel - Receive Stronger Responses and Real Results
    Let’s face it, nobody confuses writing or reading a Business Plan with a Bruce Willis action movie or a Tom Clancy novel. A Business Plan is a serious presentation that details an economic opportunity being offered for funding, licensing or sales consideration. Detail, research, financials and harvest options, key elements of any plan, can be dry, less than electric stuff. However, Business Plans that achieve success invariably are written with an air of urgency, excitement and color that separates them from the usual, boring template-based submissions.I write business plans, teach business school students to writ
    b> You can’t touch, smell or see it. Even though describing the benefits an agent receives from using your services is helpful, it’s not enough.

    If you want your brochure to make a difference, the kind of difference that gets noticed by agents, than describe the problems they have that you can solve for them.

    It’s a strange phenomenon, but dreadfully true. Agents are more interested in reading about their problems than reading about the benefits of your services, or features for that matter.

    Brochure Mistake #2 – Use of Jargon

    Jargon is like, “Swahili,” a confused, unintelligible language. It’s words that you understand, but leaves an agent clueless. Jargon comes across as obscure and pretentious. Instead, keep things in simpleton terms. Your brochure should focus on expression, not impression. Using buzzwords, stylish words or phrases can come off as pompous.

    Jargon slows down or stops the reading process. Avoid it by writing your brochure in a casual voice, as if you’re having a conversation with the reader. In English class you were taught to write very formal, remember, your brochure isn’t a term paper, it’s an opportunity to persuade and shape one’s perception.

    Make use of pictures to communicate, they’re only worth a thousand words. Agents understand with their eyes. Graphs, charts, photos, and pull quotes are examples of conveying or supporting key points.

    Everyone’s brochure mentions good customer service. As an alternative, use a flow chart to demonstrate your service, and than support it with satisfied client testimonials.

    Brochure Mistake #3 – Me-tooism Disease

    Don’t take offense - most of us have this disease. You see what might be working for someone, so you copy it for yourself. It’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Cra

    Watch Your Customers Grow
    Nurturing your customers and helping them to develop into better people (who use more of what you sell) is often like raising children - but without the teenage worries! Customers need help to know how best to use your products and services. Look out for their needs and you will be rewarded in multiples.I can hear some of you thinking "Me! Nurture customers! How can I do that?" The good news is that it's not too hard. Just give yourself some time to get into a few good habits and…before you know it...you'll find yourself wanting the best for your customers every day.Nurturing activities come in many shapes
    pompous.

    Jargon slows down or stops the reading process. Avoid it by writing your brochure in a casual voice, as if you’re having a conversation with the reader. In English class you were taught to write very formal, remember, your brochure isn’t a term paper, it’s an opportunity to persuade and shape one’s perception.

    Make use of pictures to communicate, they’re only worth a thousand words. Agents understand with their eyes. Graphs, charts, photos, and pull quotes are examples of conveying or supporting key points.

    Everyone’s brochure mentions good customer service. As an alternative, use a flow chart to demonstrate your service, and than support it with satisfied client testimonials.

    Brochure Mistake #3 – Me-tooism Disease

    Don’t take offense - most of us have this disease. You see what might be working for someone, so you copy it for yourself. It’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Cra

    Sometimes It Takes An Expert To Take Out The Trash
    If a group of 100 people were asked, “If you had the time, are there papers in your files that you could comfortably toss out?” how may do you think would answer yes? In my experience - 99 people would say “Yes.” But who goes into the office and thinks, “OK, today I don’t have anything better to do. I’m going to clean out the files?” Not only that, but if you do start to clean them out, someone will undoubtedly give you a look that says “Don’t you have anything more important to do than that?!”Well, consider this! Research shows that 80% of what we file we never use, and the average worker spends 150 hours pe
    t’s easy to grab the leading competitor’s brochure and copy some or all of it. Years ago for instance, rate sheets were a hot marketable brochure. You could distribute a few hundred and get a respectable response. Well, when you have hundreds of loan officers copying it, guess what happens? It wears out, but we keep using it.

    Me-tooism isn’t worthwhile. Look at how much mail you’re still getting from other mortgage companies trying to get you to refinance. And they use the same formatted letter as everyone else. The letter specifically states, in bold print, how much you could be saving, and includes an advertised low rate. Sometimes it’s printed in the form of a fictitious check ready to be cashed.

    Don’t be afraid to be different. It’s easy to use what others have and challenging to come up with originality. But it’s originality that can earn the biggest reward.

    The Power of a Well-Crafted Brochure

    Like a good movie plot, a well-crafted brochure sets the storyline in motion. It shapes an agent’s perception before you sit down with them – curtailing rejection and lessening resistance. It provokes thought in their mind, making you more memorable. And it helps you stand out and be noticed among a huge crowd.

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