When it’s time to do a ‘Drive-By’

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There may be a reason they refuse an in-home appointment

Before meeting with a potential borrower at a location other than their home, you may want to drive by their home first…

About John Luddy: John has trained reverse mortgage professionals how to be successful when sitting face-to-face at the kitchen table with prospective HECM borrowers. Norcom is looking for qualified loan officer candidates. To learn more call 1-860-507-2582 or email John Luddy here

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Forget home runs…

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The real secret to closing more loans is not what you may expect

All the expertise, sales skill, and ability to influence does little to increase sales without one thing…

What did you do for a living?

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The one question that will help you determine their learning style

Before you begin explaining the Home Equity Conversion Mortgage you should ask this one question to determine their learning style…

About John Luddy: John has trained reverse mortgage professionals how to be successful when sitting face-to-face at the kitchen table with prospective HECM borrowers. Norcom is looking for qualified loan officer candidates. To learn more call 1-860-507-2582 or email John Luddy here

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Now it’s personal!

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get-personalThe power of showing your personal side in business and social media communications

If there’s one thing you shouldn’t do on social media it’s to ‘over-share’. However, there is a time and a place to periodically share your personal side with your potential and existing reverse mortgage borrowers…

I have a problem…

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A non-borrowing spouse question & servicing the client after the sale

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About John Luddy: John has trained reverse mortgage professionals how to be successful when sitting face-to-face at the kitchen table with prospective HECM borrowers. Norcom is looking for qualified loan officer candidates. To learn more call 1-860-507-2582 or email John Luddy here

Fill out my online form.

Lessons from Coach Jim Valvano

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What Coach Volvano taught his players applies to our success

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The impossible. Much of what we face as reverse mortgage professionals can appear overwhelming. The words of North Carolina State basketball coach Jim Valvano came to mind this week while watching a documentary…

6 Phrases to Persuade Others

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Six phrases you can use on sales appointments or anywhere!reverse mortgage sales

We are not merely ‘educators’. We are sales professionals and as such should know how to better communicate with potential borrowers. Here are six phrases that will help you ethically persuade others.

  1. “Have you ever made an exception?”
  2. “If I were in your position I’d feel the same way.”
  3. “If you decide not to get a reverse mortgage today how will you know a year from now that you made the right choice?”
  4. Use the person’s name
  5. Ask a series of questions that will get a ‘yes’ response
  6. Follow the request with a reason “because…”.

 

Using on-location videos to market

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reverse mortgage newsUsing location shoots to engage potential borrowers and stand out above your competitors

Last week we talked about social media marketing. This week we take a short field trip for a remote shoot showing you how to tell a compelling and personal story that sells…