Morning Mortgage Minute
Saturday, February 15, 2014
Follow the 5 minutes or less rule.
Did you know you are 100 times more likely to connect with a lead if you call within five minutes rather than 30 minutes? This groundbreaking statistic from a researcher at MIT* only proves the point many of us already know: internet leads are only as good as the speed with which we follow-up. We found some tips that might help you refine your follow-up program.
Wednesday, December 11, 2013
tips to pick up hot buyers any season
One of real estate’s most popular myths is that when the cold sets in and leaves start to fall, clients run to hibernate until the spring. The truth is, your prospects are not grizzly bears and your prospecting should NEVER stop (or even slow down). The truth is good agents know every market has seasons. But, the best professionals know how to generate prospects year-round. So here are some ways you can hone in on the hottest buyers no matter what season the market is in. Try to Hold or Sponsor an education event. Your expertise is like gold to prospective buyers. Think about the ways you can share it with them. Consider holding an educational event for prospective buyers in your area to share your knowledge of the buying process and give them helpful tips to navigate the process. Try partnering with a local lender
Friday, November 8, 2013
What is Fannie and Freddie thinking now?
Fannie announced this week they are going away with their 97% LTV program? So any buyers that were looking to buy with this program have to have their loan preapproved by the weekend of November 16th, 2013 and have to close and fund by March 31st of next year.
So what does this mean? Well the removal of the 3% loan means buyers with great credit wanting to go conventional lending will have to either put 5% down now or go to FHA with a slight higher down payment and higher PMI.
Thursday, October 17, 2013
Using Google+ is more important than ever
Google + is now the second largest social media site. realtors need to be noticed more than ever and google+ has all the tools
Friday, September 27, 2013
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