Latest / Mortgage Marketing Radio / Our Members Speak About myAgent Classes
Transcript
- 0:00In today's highly competitive mortgage industry, building profitable relationships with
- 0:04the real estate agents is essential for success.
- 0:06However, finding effective ways to secure agent relationships can be a challenge.
- 0:11With so many mortgage loan originators vying for the attention of real estate agents, it
- 0:15can be difficult to stand out and establish meaningful connections.
- 0:20Our new case study featuring loan officer Chris Cogill is a must-read.
- 0:25Chris has closed a remarkable 36 million in funded loans from agent referrals.
- 0:31And in this case study, he shares his proven strategies for building strong relationships
- 0:34with real estate agents and leveraging those relationships to drive more business.
- 0:39To get your hands on this resource, head over to LOKestudy.com and download your free copy
- 0:45of the case study today.
- 0:47You'll find actionable insights and practical tips that Chris used to close 36 million
- 0:52in funded loans from agent referrals and how you can, too.
- 0:56Don't miss out.
- 0:57Go check it out right now.
- 0:58Visit LOKestudy.com and download your free copy today.
- 1:03Hey, what's up, podcast listeners?
- 1:11Jeff Zimfer, welcome to this episode of a very special episode of the Mortgage Marketing
- 1:16Radio podcast.
- 1:17And if you can't tell, I'm so thrilled.
- 1:19I've got my soundboard back.
- 1:21Congratulations, you are the winner.
- 1:24Yeah, that means I got all my cool buttons I can start using again.
- 1:27I'm going to change up some of the sound effects on that.
- 1:30But it feels like I've finally got the full platform for the podcast back and ready to
- 1:37rock, which means I can do some really cool audio interviews.
- 1:40Again, coming up for audio quality.
- 1:42All right, so this episode is unique and different in that I've got multiple special guests.
- 1:48And what I decided to do is because to be completely, blatantly honest with you, you
- 1:54may or may not be aware that one of my primary superpowers is helping loan officers succeed
- 2:00with real estate agents.
- 2:01What do I mean?
- 2:02I mean helping you get more agent referrals.
- 2:05It's what you want, right?
- 2:07Many of you want it.
- 2:08I know because that's what you tell me when you join our private Facebook group over
- 2:10there on Facebook for the Mortgage Marketing Radio podcast, which you haven't, if you haven't
- 2:14yet gone over there to join, please go over there and do so.
- 2:18But one of the questions I ask when you come in there is what's your biggest challenge
- 2:21or frustration that you're working on right now.
- 2:23And I would say upwards of 70 plus maybe bumping up against 80 percent of the time, more
- 2:28agent referrals.
- 2:29That's what you want.
- 2:30But here's what I know as well being in this game since 2003 that many of you struggle
- 2:34to get agent referrals, to get attention, to get engagement.
- 2:37Why?
- 2:38Well, because unfortunately you're playing from the same playbook that every other L.O.
- 2:41town is, right?
- 2:43Which I know it sounds cliched and played out, but it's still true.
- 2:47Great rates, great service, give me a chance.
- 2:50Monday morning call.
- 2:51How was your weekend?
- 2:52Small talk.
- 2:53Want to grab a coffee, right?
- 2:55And so those value propositions, those sales pitches, if you will, fall flat, fall short
- 3:00and automatically put you in the commodity box, which is part of the reasons why you continue
- 3:05to struggle.
- 3:06Therefore, I'm excited to introduce you today to a better way.
- 3:09You may have heard me mention in the past, it's called my agent classes.
- 3:13And what it is is a plug and play turnkey platform of 10 plus ready to go classes in a box,
- 3:19lunch and learns in a box that you deliver over Zoom or in person.
- 3:24You get the PowerPoint speaker notes, you get the handouts, you get the video training
- 3:27for me, training you how to give the class, you even get the full blown event registration
- 3:31platform with prewritten email templates, landing pages, SMS tech messages, follow-up system,
- 3:38looped and nuts, all you need to do is sketch your class and deliver it, which is what we
- 3:42help you do as well.
- 3:44So today's episode is about me taking a stand for myself and no longer being reluctant
- 3:51to bring this platform, my agent classes to you and allow you to listen to the feedback
- 3:59from some of our members that are my agent class members, mortgage marketing pro members,
- 4:05and hear what they've had to say.
- 4:06So what I did is I took a conversation that we had a few weeks ago on our normal Friday
- 4:11calls that we do every Friday, changed it up, and I wanted to ask everybody what their experience
- 4:17was, being a member, what were their apprehensions, what were their reservations, what have they
- 4:24experienced, what are their results, how they've grown as a result, and this conversation
- 4:27today is you get to sit in and listen in on what they're sharing.
- 4:33I hope you find it insightful.
- 4:36Once again, I know teaching agent classes is not necessarily right for everybody and some
- 4:42of the members didn't think it was right for them either until they got in and got part
- 4:45of a community that supported them and provided the way forward.
- 4:50So I'm not sure where you stand or sit right now and where you're at with your sources
- 4:54of purchase business and what the next six months are looking like for you, but if you're
- 4:58looking for a better way, perhaps today is the day for you to check out my agent classes
- 5:04further, after you listen to this episode and what people have to share, if you feel
- 5:09compelled to do so, go over to mortgagemarketing.pro, mortgagemarketing.pro, check out the brief
- 5:15video I've put up there, and if it's for you, I'd love to see you on the other side.
- 5:20So without further ado, let's get into this week's show.
- 5:24When you first decided to join me and become a pro member in all this stuff, what reservations
- 5:30or concerns, hesitations or doubts that you have about participating in this?
- 5:37At first, for me, it was the price and then it literally was a no-brainer.
- 5:45One's actually saw the contents and then this was just instantaneously great relationships,
- 5:50great content and just frees me and my assistant up to actually do it and create more deals.
- 5:56But you found it to be beneficial.
- 5:58Yes.
- 6:00I think I've created more friends in this group that actually know what I'm talking about
- 6:05and that when I'm struggling and I'm having my moment, I have like Glendo over here at
- 6:11Carey or Ryan giving me some spiritual information kind of back to Jesus, figuring out what
- 6:18the heck am I doing?
- 6:21That over anything I think has made such a difference because when you feel like you're
- 6:26on a cliff by yourself and you send out a message, you're like, what do you think
- 6:30about this?
- 6:31Like everybody else chimes in, it's so nice to feel that it's not just you, you're not
- 6:37just on the cliff by yourself.
- 6:39You know, I had one expectation, this is what the classes are going to do for me, but
- 6:43I didn't realize that by going through the classes, teaching the classes, it would help
- 6:48me twofold.
- 6:49I could use the content to better my own business to increase my social presence and
- 6:53teach me how to do things, but to also it, I mean, it increased my confidence as, I
- 7:01mean, somebody in her mid 40s that changed careers completely, it was scary.
- 7:06I did it during COVID, what was I thinking?
- 7:09But I feel like this platform really, you know, it, it, it made my business take off
- 7:16as I have proven by sharing the success story from my first year in business using your
- 7:22platform.
- 7:23I've done a lot of different coaching and I have to say of all of it, this one has been
- 7:27my favorite group because I think there is the camaraderie, but also you are helping us
- 7:33have really actionable things to do.
- 7:36Like there's, it isn't just all, like here's my list of if I was going to talk to real
- 7:42estate agents and what I would say in the cadence of reconnecting, but like you have really
- 7:46actionable, this is what you can do, here's a class, here's how to, here's the instructions
- 7:53on how to market it and here's literally, I'm giving you it, giving it all to you and
- 7:59I feel really grateful because I was, I was in a spot where I was like, I really should
- 8:05start teaching classes to agents like, and I hadn't heard of you at all and then, you
- 8:10know, that law of attraction, I just, you, I did like a podcast search on mortgage and
- 8:18you came up and then I started listening and like, you already had the classes done like
- 8:22that meant I didn't have to make any PowerPoint presentations or come up with anything, you
- 8:27know, you just had all the stuff and so I like share your message to all my coaching
- 8:33groups too because I think what you have, you have stuff for us to do, not just do more,
- 8:39do more social media, do more videos, do this, do this, like you have actual stuff we can
- 8:44take and implement, so I love that.
- 8:47Thank you, let's appreciate that and I know you share with some other people, sorry
- 8:51to go ahead, is that Katie?
- 8:53Yeah, I was honestly like, I feel when nice thing too is accountability, even though
- 8:58you don't call us out each time individually, it's like, if I miss one of these Fridays
- 9:02or what have you then, or I don't go do, you know, some of the things you're supposed
- 9:07to go do, then it's, this is a nice Friday check-in to be like, okay, how is it, by the
- 9:13way, I also love the motivational piece of it too, right, we're all on the same boat
- 9:16sometimes as markets tough, rates are tough, you know, and it's always good to hear
- 9:22different messaging of like, you know, look, there's, you can go one way or you can go
- 9:27the other way, right, so I thought it was fun, this is a great check-in from a support
- 9:32standpoint and then accountability standpoint.
- 9:36What would you tell another L.O. who wants more agent relationships or referrals, this
- 9:43may sound like a softball on its side, I don't apologize, I'm trying to think, I don't
- 9:46have to say this, what would you tell another L.O., either if they're considering joining
- 9:50or if they're like, look at, a lot of L.O.s are in the place you guys were before you came
- 9:55here, which is repiser down, I need more real-to-relationships referrals, so what would you say
- 9:59to them?
- 10:00Stop paying for leads, leads to nothing at all, don't spend money on the marketing with your
- 10:07agents, you are not helping your agents grow at all unless you teach them how to actually
- 10:13grow.
- 10:14So in Liz LaFour's book, she heard page 16 when it comes to agents ask, will you pay
- 10:20for leads?
- 10:21She's got one word on the page, and it's no, no, no, no, no, no, no, no, no, no, you're
- 10:29right, even better Liz, no, say it again.
- 10:32You know your word, you just gotta know, you just gotta do something, and one agent, you
- 10:42paying $200 to $300 to, it's not going to make your year.
- 10:49That's my response when I try to talk to brokers in charge, and I say, hey, I got these
- 10:54classes, you know, that, I mean, do you want to use it as a recruitment piece, do you
- 11:00want to enhance, you know, your agents, how are they showing off or reflecting your brokerage?
- 11:07And you know, the first thing, well, are you willing to buy leads, are you willing to
- 11:12do this?
- 11:13And that is my comeback, is here's the deal, I can buy leads, you're right, I could.
- 11:18I said, but that's not teaching your agents how to survive, especially in this market that's
- 11:23coming up.
- 11:24So I can either meet them for a day, or we can try to feed them for a lifetime.
- 11:28A lot of my agents that have come to classes, we're now good friends because we invested
- 11:34that extra hour of a time, and then we take them out, I've kind of changed mine a little
- 11:40bit, is now we go present them with video, and we help them do their video, and that's
- 11:46where I was this morning, and we're doing something unconventional.
- 11:51We're not just telling you, hey, we're going to close your loan on time, hey, we're going
- 11:55to do this.
- 11:56When you take an extra hour or 34 minutes, is all it took today to do nine videos from
- 12:02a guy from the class, now he has six listings because of how we've taught him through the
- 12:08class, he's in it for a win it, right?
- 12:10He is in it for life, he is our agent, and he's telling everybody, if you go to anybody
- 12:16else, you're stupid, basically, as what he said, but we're doing something unconventional
- 12:21and classes allowed us to get that confidence to now jump up there in front of video, and
- 12:28do what we do love, and not collecting a W2 on the other side.
- 12:33You are not going to grow unless you invest in yourself.
- 12:38You are a true business, you can't do this business part time, you can't do this business
- 12:43for no cost, so you need to actually invest in yourself because you are a successful professional
- 12:49and you will be with the classes.
- 12:51I think the biggest thing that for me is you have been a connector in a big, big way,
- 12:56and I know that you have your podcast and this group and what have you, but there's only
- 13:01been like three or four, I wouldn't call them monumental thing, but big things, big shifts
- 13:08in my business, and you get to hang your hat on at least two of those.
- 13:13Your ability to bring people from outside in, because of your influence outside, you
- 13:20can bring these people in, and that creates transformational shifts in our business.
- 13:27It's not just the coaching, the coaching is great, I love you buddy, but it's the things
- 13:31that you have been able to provide us that we would not have access to otherwise, and
- 13:36that's certainly because of who you are.
- 13:38So thank you.
- 13:39We're building our business and partnerships, and we're not talking about mortgage programs.
- 13:45We're not talking about rates, we're not talking about, and I think your average L.O. is
- 13:49still out there saying like, oh, you know, I've got this program, I've got that program,
- 13:53like here's my rates, as Linda mentioned, I'll close on time or whatever else, so this
- 14:00for me has been just a game changer and always like to say sharp in the saw where you're
- 14:04just learning so much more information, but you take a look, like your piece here is
- 14:11almost like, you know, go build real relationships and don't even talk about mortgages at all,
- 14:17because we're not, and that's pretty cool.
- 14:22That's it, Kevin, I mean, in this climate where refinances have gone to the side, and
- 14:30people are now, you know, fighting over market share for sales, we have that unique.
- 14:37This program sets us apart by giving us a way to go deeper, drive deeper conversations
- 14:44and start conversations with realtors we don't know, so that we can stay in this business
- 14:49we love.
- 14:50I just went through where people were asking, they're like, okay, well, do you actually
- 14:55get business from your classes, like, can you tell me, like, does this actually work?
- 15:00And so many times having the conversation with people about the classes are about the
- 15:06knowledge, like, we don't sell products and during the classes, and even my bosses told
- 15:11me several times, it was when she was, when do you talk about mortgages, like, why they
- 15:15should use you?
- 15:16I'm like, I don't, like, we talked about like the information of the class, I introduced
- 15:21who I am, why you would use us, we don't talk about the 400 different programs that
- 15:26we have, but she's like, really, she was, it works, I'm like, yeah, still works.
- 15:31It's that connection, right, it's that extra connection, so you get them in the class
- 15:35and then go find their, their likes and their needs and desires after, and then if you
- 15:40have connections, then that's what's going to ultimately get you referrals.
- 15:45I know in my market, there's a lot of realtors moving.
- 15:47I don't know if you see it, and I just met with a broker I called on an agent on an
- 15:51up and coming brokerage, and one of the first things he wanted was value for his agents.
- 15:56And he's like, hey, can you do a lunch and learn?
- 15:58You know, if I didn't have this program, he'd be like, oh, I don't know, I can't do that.
- 16:02So I have out of the box content that I can do, and that was how I changed the conversation
- 16:06away from, hey, on RAID's fees, I use this guy already, yada, yada, yada, and I use it
- 16:11as an aside, it's, yeah, okay, yeah, we close loans in 22 seconds, just like anybody
- 16:15else, I mean, that's all, all the LOs I have to talk about, that's how fast I can close
- 16:20and lower it.
- 16:21That's it.
- 16:22Like, and this, another value ad for the broker owner, who's going to value for his agents
- 16:28who's aggressively recruiting agents from other brokerages, so you say, hey, how do you
- 16:32win your battle?
- 16:33Here's a value I want to present today, I was talking about homebide or database marketing
- 16:38or something of that nature, basically anything else except rates and fees, so that, that,
- 16:43like, what problem do you solve for whom and how do you solve it?
- 16:51And I think in the context of real estate agents, taking what Emma just said, there's a time
- 16:55to integrate in our brand strategy and brand statement to add the mortgage thing in there,
- 17:01but I think, to your point, it's, everybody's showing up same as lame, vomiting, and the
- 17:05same damn thing.
- 17:06It's like, you know, what problem do I solve?
- 17:09The problem I solve, like I said at the beginning, for real estate agents, is helping them make
- 17:12sense of what actually is going to work or what actually they should be doing when it comes
- 17:18to being a modern agent and marketing themselves.
- 17:21That's the problem I solve for you.
- 17:22Oh, by the way, I also happen to do kick-ass mortgage loans and stuff like that, but we'll
- 17:26get to that, right?
- 17:28Very few people are actually in the field teaching agents face to face and have a really clear,
- 17:34I think that's one of my superpowers, I really understand what agents need to hear and want
- 17:38to see in a simple way, and I think that's why our classes kick-ass compared to most
- 17:43of them.
- 17:44They're not generic and they're not very 30,000-foot like, you need a business account.
- 17:48Like, yeah, no kidding.
- 17:50Appreciate you guys.
- 17:51Take care.
- 17:52See you on the next one.
- 17:53Hey, thanks for tuning in to this episode of the Mortgage Marketing Radio podcast.
- 17:55I hope you enjoyed it and remember if you liked this episode, please leave us a review
- 17:59that helps us reach more people and bring more good value and content to you, our listeners.
- 18:05And then don't forget, if you are a loan officer who wants more agent referrals in less
- 18:11time, be sure to check out the Mortgage Marketing Pro membership at mortgagemarketing.pro and
- 18:18learn more about our turnkey system of agent classes that puts you front and center of your
- 18:23local real estate agents, attracting agents instead of chasing them and getting agent referrals
- 18:29like clockwork every single month, just like Kerry Cobb, who her first year in the business
- 18:35with closing over 75 loans, achieved 40% of those 75 loans exclusively from agent classes.
- 18:42And if you want to learn how she did it and how you can do it too, once again, go to Mortgage
- 18:46Marketing Pro and I'll see you over there.
- 18:49Thanks for listening.
- 18:50Bye for now.
- 18:52Hey, guys, what's up real quick?
- 18:59You've heard about the Mortgage Marketing Pro membership before and I just want to quickly
- 19:02remind you of that you're in a place in your business where you simply need more purchase
- 19:07loans.
- 19:08You need to fill your pipeline with purchase business.
- 19:10Let's just face it, agents are still a solid pillar of business and sources of purchase
- 19:14business for you.
- 19:16Well, good news.
- 19:17Our Mortgage Marketing Pro membership helps loan officers like you close more loans without
- 19:21the hassle of chasing agents or cold calling done for you agent classes, expert training
- 19:26videos, a marketing automation platform that automates the entire process for you, everything
- 19:31you need to build your personal brand in your local market, attract and convert agents
- 19:36into referral partners, plus done for you proven marketing materials and plug and play
- 19:41content to make promoting your class, getting agents, butts and seeds, partnering with affiliates,
- 19:47real easy.
- 19:48But that's not all.
- 19:49You'll also get access to our weekly mastermind calls with top L.O.'s authors, speakers and
- 19:55coaches to learn the best strategies to grow your business right now in today's market.
- 20:01And as an extra bonus for limited time, for all new members, you'll get access to a database
- 20:07of 200 agents in your local market that have closed anywhere to from eight to 50 transactions
- 20:13in the last 12 months.
- 20:15And we'll provide that list uploaded into our platform for you so you can get off to
- 20:18a fast start in reaching actually productive agents.
- 20:22So what are you waiting for?
- 20:23You can check out more at mortgagedmarketing.pro, see more of the success stories there.
- 20:28And if you feel compelled to do so, book a call, we'll have a chat, we'll see if it's
- 20:32a fit.
- 20:33Don't miss out on this opportunity to take your mortgage business to the next level right
- 20:36now.
- 20:37Head over to mortgagedmarketing.pro.