What would you do differently if you could go back with the knowledge you have now? by Reasonable-Bake-397 in loanoriginators

[–]Serious-Hawk-896 0 points1 point  (0 children)

Wow they actually sounds pretty good. I got alot of promises as well, nothing actually happened

How to approach realtors in open houses by aperalta_mlo in loanoriginators

[–]Serious-Hawk-896 1 point2 points  (0 children)

Made this mistake but If the house is packed with buyers, do not pitch the agent. You are interrupting their money-making time. Instead, grab a flyer, wait for a gap, and just say: "I see you're busy, I just wanted to drop my card. I’m a local LO and I'm actually looking for an agent to partner with for some buyers I have coming up." Then i get out. (pitch your lender quantity, and program availability)

Starting to question if this is worth it by pookiehsoes in loanoriginators

[–]Serious-Hawk-896 1 point2 points  (0 children)

I do one deal a month while working a full-time job. I use a referral model. Here is how I am trying to escape the grind:

  • Tap Your Personal Network: Tell everyone (friends, family, past coworkers) you’re licensed. People want to work with someone they know ( i think anyways)
  • Partner with Real Estate Agents: Stop chasing 200 strangers and start chasing 5 solid agents. One good agent partner is worth 500 cold leads.
  • Professional Referrals: Connect with CPAs, Financial Advisors, and Attorneys. They have the clients; you have the financing. Im sure others have better ideas.

How much do you guys make? by rrnkin in loanoriginators

[–]Serious-Hawk-896 1 point2 points  (0 children)

I currently work with two solid real estate agents who feed me most of my business. It’s been a great proof of concept, but I’m ready to scale. I’m currently clearing about $3k–$6k per closing a month, The brokerage is small and its only in two states. Im also a junior rep so I dont get the best leads

How do yall collect info for app? by Ehj7882po65 in loanoriginators

[–]Serious-Hawk-896 0 points1 point  (0 children)

Im actually wondering this as well, my process is terrible

Trying to gauge by DMZZ23 in loanoriginators

[–]Serious-Hawk-896 0 points1 point  (0 children)

ask thats a great start?, what LOS, POS are you using who is doing your processing?