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Are You Likable?

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Why Likeability will be More Important Than Ever

reverse mortgage newsLikeability. It may seem irrelevant to some but I believe that it will become more essential for reverse mortgage professionals in the coming months. Ponder for a moment the personal probing you will have to conduct as part of the Financial Assessment. What do you earn? Have you been late on your property taxes? Is your credit good? You get the picture. Prior to ever asking such questions we must build rapport which brings us to the question. Are you a likeable person?

Look at these traits and grade yourself and see where each of us may improve.

1. A positive outlook. If the borrower senses negativity or fear from the originator they will be more inclined to be insecure and fearful. A positive attitude must be part of our mental makeup before we can be reassuring and imbue others with the same attitude.

2. Undivided attention. A likeable person has mastered how to give others their undivided attention making the person feel like they are the most important person in the world at that moment.

3- They listen. Poet Ralph Waldo Emerson said “There is a difference between truly listening and waiting for your turn to talk”…

Download the video transcript for this episode here.

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Editor in Chief: HECMWorld.com
 
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
 
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
 
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

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1 Comment

  1. Yesterday as I was listening to Jane Wells on CNBC discussing the Wolf of Wall Street, Jordan Belfort, she pointed out one characteristic she remembered from her prior interviews which was just how doggone likeable the guy was. Likeability is a tool which can bring about bad or good.

    Our goal should not be likeability or tearing out the throats out of our prospects but helping our clients understand how useful HECMs can be in reaching their retirement financial objectives. L

    Likeability can be an important tool for dealing with the hard details of financial assessment. Some may find likeability less useful than others but to some degree we all need it along with a minimum sense of humor.


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