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You are here: Home > Business > Sales Training > Mortgage Broker Training Article: So You Want to be a Top Producer?? |
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Added for You - Mortgage Broker Training Article: So You Want to be a Top Producer??
Crisis Management ity is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales sCrisis Management is a critical part of life, no matter who we are or what is our vocation. Handling matters such as the downsizing of a company or trauma in the workplace are often cause to take positive action in finding the way to great success. This lesson can only be discovered if purpose and the urge to move forward can be achieved.It took twelve years to get far enough past the crisis and trauma of my kidnapping, torture and rescue to be able to relay my story. It was in January of 1992 I was a businesswoman, wife and mother of two when I found myself caught up in the political disintegration of the Soviet Union. The KGB was disbanded, and many of its operatives moved into the shady underbelly of criminal society. Capitalism was taking hold and new business ventures were springing up between the international business community and the newly monetarily Create a Niche: Stoke Your Market With Affiliate Branding First of all, many studies have been performed on top producers. No matter what field of sales they are in, top producers always seem to have a common thread. This has led me to believe that success is a recipe. What I mean by this is wherever you find success, you will find certain ingredients. Unfortunately, many mortgage brokers focus on the WRONG ingredients. This became very clear to me, only when I began teaching. I say this because some of the brightest and most capable of my students are also the poorest! Before I break into that though, let's look at the key ingredients that MUST be present to be a top producer:Propose success, demand performance, and brand your market with appeal. In a world of costly business start-ups, expensive design tools, and rugged competition you can still beat the system. Success reins the process as our instructional tools are put to use building websites centered on content with focused keywords and performance.Slam-dunk your affiliate market goals with personalized branding tools and processes developed for mountain top success. Business development requires basic planning, economic structure, and dedicated commitment.Decisive planning directs your market and brands your business for success.Prepare a 10 second explanation to describe your business. If it takes more than 10 seconds to define what you do – you are not focused enough.“My business promotes development and market branding for maximum business performance 1. - Passion. Another poster mentioned this above, and hit the nail on the head. However, a lot of us misread what passion is. When I say passion needs to be present I don't mean you need to jump out of your bed every morning pumping your arms in the air singing "I love loans!!" No, this isn't passion, this is, well....Lunacy? j/k :) Seriously though, passion in this context is a reference to your viewpoint. Those who are passionate and successful have a laser focus to accomplish a certain goal, and view their position as mortgage broker as a career and not a job. With this laser focus, they are willing to go above and beyond to CREATE a situation of success instead of crying in their spilled milk claiming "it's not fair." The passionate ones will be successful no matter WHO they work for. They are the ones who still read and research even after hours. Passion will drive you to move forward no matter what. 2- Focus on others. This quality is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales si Like Brushing Your Teeth en I began teaching. I say this because some of the brightest and most capable of my students are also the poorest! Before I break into that though, let's look at the key ingredients that MUST be present to be a top producer:What do the following things have in common: brushing your teeth, regular exercise, eating a balanced diet, paying your bills on time, cleaning your gutters, spending quality time with your spouse and kids…?They’re all forms of regular “self-care” that, if you neglect them for a period of time or take the wrong approach, there will be costly negative consequences.The same goes for marketing.Do any of these symptoms sound familiar?• Your phone does not ring regularly with new prospects.• You don’t regularly hear, “Hey, I’ve heard of your company!”• Your sales pipeline is dry, so you go to some networking events, get some leads, then stop.• People don’t respond quickly to meet or talk with you after an initial introduction through networking.• The leads you do get trickle in slowly.• You spend a lot of time 1. - Passion. Another poster mentioned this above, and hit the nail on the head. However, a lot of us misread what passion is. When I say passion needs to be present I don't mean you need to jump out of your bed every morning pumping your arms in the air singing "I love loans!!" No, this isn't passion, this is, well....Lunacy? j/k :) Seriously though, passion in this context is a reference to your viewpoint. Those who are passionate and successful have a laser focus to accomplish a certain goal, and view their position as mortgage broker as a career and not a job. With this laser focus, they are willing to go above and beyond to CREATE a situation of success instead of crying in their spilled milk claiming "it's not fair." The passionate ones will be successful no matter WHO they work for. They are the ones who still read and research even after hours. Passion will drive you to move forward no matter what. 2- Focus on others. This quality is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales s Free Publicity for Restaurants I don't mean you need to jump out of your bed every morning pumping your arms in the air singing "I love loans!!" No, this isn't passion, this is, well....Lunacy? j/k :)One of the best ways to get a restaurant free publicity is by taking advantage of events and seizing the opportunity. For example, February 5th is Television Weather Persons' Day! Bet you didn't even know such a day existed, but it does, and it can give you free publicity. How? Weather people are the forgotten people at television stations. Deliver one of your specialties at the station. There's a good chance the weather person will be so delighted with the attention, he or she will mention you on the air. Even if they don't mention you, your goodies will be shared with the others on the staff and you'll get your name out there. When you call to let them know about a newsworthy event (and you will call, won't you?), they'll know about your restaurant.Actually, it's not a bad idea to deliver goodies regularly or periodically to a television st Seriously though, passion in this context is a reference to your viewpoint. Those who are passionate and successful have a laser focus to accomplish a certain goal, and view their position as mortgage broker as a career and not a job. With this laser focus, they are willing to go above and beyond to CREATE a situation of success instead of crying in their spilled milk claiming "it's not fair." The passionate ones will be successful no matter WHO they work for. They are the ones who still read and research even after hours. Passion will drive you to move forward no matter what. 2- Focus on others. This quality is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales s Innovation Management - does the idea fit with the firm? a job. With this laser focus, they are willing to go above and beyond to CREATE a situation of success instead of crying in their spilled milk claiming "it's not fair."Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be generated and selected and that investment in developing and commercialising those ideas will not be wasted.One of the useful methods of valuing ideas is to analyse whether the firm, team or individual responsible for turning an idea into a commercial success has the required fit.Fit with the firm can be measured in a number of ways:a) Does the idea have a strategic fit with the compan The passionate ones will be successful no matter WHO they work for. They are the ones who still read and research even after hours. Passion will drive you to move forward no matter what. 2- Focus on others. This quality is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales s Three Simple Keys Will Make Your Customers Stick ity is required if you want long term success. Sure there are a lot of people who are only focused on screwing over every last client they come in contact with, and they make a lot of money doing it. Eventually, your past deeds will catch up to you. If you want to create a "buzz" and high level of chat about you and your services, there is no finer way to accomplish this than approaching each sales situation with a genuine desire to HELP your client.Do you spend a lot of time and energy courting prospective new customers, hoping to pump up your bottom line? If so, you're probably missing an untapped source of sales that exists right inside your company -- there's truth in the statement that your customer list is your most valuable asset.There's a gold mine of opportunities to make easier sales and create a loyal following of customers that will return time and again by using your existing customer base to grow your sales. But when I ask small business owners what action they are taking to keep in touch with current customers, the answer is normally "we don't."How do you turn a pile of dusty invoices and sales receipts into profit generators for your business? How can you create loyal customers who will return time and again to increase your small business bottom line? There are three keys to creatin By eliminating "commission breath" from the picture, we shine through as genuine, trustworthy individuals who are also referral-worthy. Despite popular belief, no amount of charisma, NLP, or sales hypnosis will mask a thorough screw-job at the closing table! People can see through the fakeness of someone who is only motivated by money. 3- "YOU" packaging I get emails from posters on this board sometimes asking why I ask so many questions to those who are asking for sales and marketing help. I'm told I should just come right out and tell people what they should do, and be done with it. Well, there's a reason I do this. That reason is listed above. YOU packaging is just a funny name for a simple concept. Top producers all understand this concept. Top producers understand that YOU are the product! Not your company, not your loan programs, not your rates and not your closing costs. YOU are. Once we understand this we need to begin treating ourselves like the feature product. In other words, we need to package ourselves, and spend time developing ourselves. Imagine if one of the mortgage companies you broker for called you up and said: Hey, in order to serve our brokers better, we are allowing you to customize some of the plans. Tell us what rates you want to offer, what credit scores will qualify etc. Anything goes, you want it, you'll have it..." How many of us would jump all over this opportunity like mad men, trying our best to create the ultimate product? Yet, there is a much more powerful solution ava
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