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Tsnyder
11685 Posts |
 Posted - 05/02/2007 : 12:40:56 PM
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Recently we've seen a whole host of folks
selling ARM leads on the Outpost...
Some are good... some... not so much...
Here's the problem...
If you're new in the business... or you simply
have a limited marketing budget... you can't afford
to screw up the first time... or even the second
or third...
The key to effective marketing is hitting the right
target with the right message every time.
All of these ARM lead sellers are selling some form
of data... origination date... start rate... some even
provide the recast date.
The problem... as evidenced by several posts in various
threads... is this... that's all good data but in every
batch of leads you're guaranteed to get some that have
already refinanced, sold or foreclosed.
Marketing to those people is a waste of tme and money.
They don't want or need your services. (I'll show you how
to eliminate that waste...)
If you have a limited budget... or you just get tired of
paying hundreds... even thousands... of dollars per month
for leads my system... Never Buy Another Lead... was made
for you.
To learn more details about how you can generate these
highly targeted and responsive leads yourself... without
ever having to buy another lead... click the link below.
There's a discount on the few remaining copies...
http://www.InterSoftPublishing.com
Tsnyder
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Tequila-John
789 Posts |
Posted - 05/03/2007 : 07:58:29 AM
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| I think Darkstars data is the best here. Why do all the work when he has a system that does it all for you? |
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jasonponeil
1107 Posts |
Posted - 05/03/2007 : 09:17:54 AM
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| one reason is that you can pay once for the know how and do the leg work yourself. Or you can pay DarkStar $10 a lead. |
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jasonponeil
1107 Posts |
Posted - 05/03/2007 : 09:23:17 AM
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| So my question is that I already have a link to all the county websites in the state i do business (florida). How would you rate the rest of the material? Would you give me a discount for not taking the county website info. I would really be interested in the mailers you recommend to send out. |
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Quicksilver
6303 Posts |
Posted - 05/03/2007 : 09:51:23 AM
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| Jason - might want to try out of the State of FL. Terry's stuff is good to learn on. But I could not get a single answer or reply from mailers or post cards I sent. Some people said they got like 10 calls from mailing 30, I sent pry sent about 300-500 per month (between my partner and I, not easy lol) for a couple months even trying to target 60 days in advance and got I think 1 call. Kinda gave up as it was too much work and the most time consuming part was the DNC issue, as once you finally found a number that wasn't on it, it was usually a fax or non-working number. |
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Tsnyder
11685 Posts |
Posted - 05/03/2007 : 12:08:18 PM
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quote:
Originally posted by Tequila-John
I think Darkstars data is the best here. Why do all the work when he has a system that does it all for you?
Like I said, John...
Some people have the budget to start out
paying hundreds... even thousands... of
dollars per month for leads.
Others find it more appealing to pay once
to have access to everything Stephen supplies,
forever... without having to pay for leads
every month.
I generate all my own leads... I find it really
doesn't take that long and it's down time I'd
be wasting here or on a gaming site anyway... lol
So... you've never seen me say anything negative
about Stephen's leads... it's simply a matter of
choice... $373 one time... or $500 - $750 per month.
Never Buy Another Lead
http://www.InterSoftPublishing.com
Tsnyder
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 12:19:03 PM
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Tsnyder,
How many mailers do you send out each month? |
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jasonponeil
1107 Posts |
Posted - 05/03/2007 : 1:09:30 PM
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| How much for just your mailer information? |
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Tsnyder
11685 Posts |
Posted - 05/03/2007 : 1:38:16 PM
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quote:
Originally posted by JesusdKing
Tsnyder,
How many mailers do you send out each month?
Hi Orlando..
When I do a mailing I send out between 40 and 60
pieces. Out of those I generally get 8-12 new
apps from those who call me and the follow up calls
I make to those who don't call me.
Of those apps I've closed & funded anywhere from 3
to 7 new loans.
Total cost to me... a couple hours of my time and
a few postage stamps. I print my own letters and post
cards so others may have some minimal printing costs
in addition to the stamps.
Tsnyder |
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Tsnyder
11685 Posts |
Posted - 05/03/2007 : 1:40:10 PM
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quote:
Originally posted by jasonponeil
How much for just your mailer information?
Hi Jason...
I've had this request many times. I don't
sell the mailers separately. Heck... even if
I did they'd still be worth the total cost of
the package.
Tsnyder |
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 1:50:26 PM
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Ok Tsnyder,
Approximately how many days does it take to pull up 40 to 60 leads and can I do all work from computer or do I have to visit court house? Millenium lender must be treating you well. |
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Tsnyder
11685 Posts |
Posted - 05/03/2007 : 1:59:59 PM
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quote:
Originally posted by JesusdKing
Ok Tsnyder,
Approximately how many days does it take to pull up 40 to 60 leads and can I do all work from computer or do I have to visit court house? Millenium lender must be treating you well.
Orlando...
We're not talking days... it takes me about
two hours to put together a mailing list and
get it out the door.
You can do it all on your computer.
And... we aren't with Millenium any longer.
We switched banks at the beginning of February.
Tsnyder |
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Quicksilver
6303 Posts |
Posted - 05/03/2007 : 3:35:32 PM
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quote:
Originally posted by Tsnyder
quote:
Originally posted by JesusdKing
Tsnyder,
How many mailers do you send out each month?
Hi Orlando..
When I do a mailing I send out between 40 and 60
pieces. Out of those I generally get 8-12 new
apps from those who call me and the follow up calls
I make to those who don't call me.
Of those apps I've closed & funded anywhere from 3
to 7 new loans.
Total cost to me... a couple hours of my time and
a few postage stamps. I print my own letters and post
cards so others may have some minimal printing costs
in addition to the stamps.
Tsnyder
Jeezus I wish I got that response lol, I don't know how you guys do that. I was sending 300-500 monthly and couldn't get any response. |
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eli
307 Posts |
Posted - 05/03/2007 : 3:47:52 PM
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| I'm with Chris. No luck!! |
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fitzpatrick
285 Posts |
Posted - 05/03/2007 : 6:51:07 PM
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| I've purchased Tsnyder's package 1 year ago and have made well over 60k just on his program alone. This is a great system but not for someone who is lazy. I work for myself and have purchased other leads on the outpost but nothing compares to the return you will get with this system. It has been a little more difficult with the shake up in the market but I really don't see how you can lose on his system. One of the benefits of his system is you can market to the demographics you want. Even if there is only one county in your state you can pull accurate data you will make money. If you say your to busy take a day learn the system and pay someone 10/hr for 2 weeks a month to do the leg work for you. It's important to know that this is just 1 system that will give your business a lift, you need to have other campaigns and get out there and meet people. Great system terry hope you can sell a few more from this post |
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fitzpatrick
285 Posts |
Posted - 05/03/2007 : 6:54:05 PM
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| Forgot to mention you have to make the calls. I think I've had 3-5 deals over the year on just the mailers. 3-5 deals will pay for the system |
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Quicksilver
6303 Posts |
Posted - 05/03/2007 : 6:59:57 PM
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I made calls, at least to the ones who weren't on the DNC and had unworking numbers like 80% of the poeple in FL are lol. Not sure what I did wrong, but other poeple I spoke with said they could mail little like 50 like Terry does and get huge responses, me, I could mail 500 and get zilch.
Problem with the phone calls is takes so much time not only to search against DNC, but then to find workable numbers as I'd end up with a ton that were faxes or incorrect. And you can't just call up to see if they recieved the mailer you sent.
Not putting Terry's stuff down by any means, just trying to figure out with all I did for like 6 months with it, I didn't get a single deal? Whereas other guys sent little mailers and were closing deals. I tried other states as well with no luck? I actually like the letter and mailer and it would catch my eye if someone were to send it to me....I wish people thought like I did lol.
Paying somebody to do it isn't as easy as your think as I tried a couple times and training them and they would still make mistakes, which I'd have to go back over and check to make sure adjustments are correct etc. |
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cachebroker
1349 Posts |
Posted - 05/03/2007 : 7:14:15 PM
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quote:
Originally posted by fitzpatrick
Forgot to mention you have to make the calls. I think I've had 3-5 deals over the year on just the mailers. 3-5 deals will pay for the system
How are you getting the numbers? Are you scrubbing with the DNC?
I just mailed out 28 letters to ocean county NJ, and got nothing. I'm not calling them, for fear of violating DNC.
I'm wondering if being systematic is key. Send one mailer 90 days out and then another 45 days before adjusting. Any doing the 2 mailer combo. I'm considering adding more incentives to tsnyder's sales letter to get a higher response rate. Its just a matter of testing.
quote:
Originally posted by Tsnyder
Total cost to me... a couple hours of my time
Also, those 28 leads took me a long time to cull, do you have a tutorial to pull your 50-60 leads in 2 hours? Im following all your directions, maybe its the high number of mortgage assignments im seeing in ocean county NJ? That ratio was 75% of valid 2/28 subprime mortgages adjusting on 6/1/07 already refi'd. Its that 25% that took me 4-5 hours to get.
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fitzpatrick
285 Posts |
Posted - 05/03/2007 : 7:27:04 PM
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I don't know I did 50 the first time, did not really know what the heck I was doing but like anything the more I did it the eaiser it became. I pay someone to get the numbers and do all the leg work. Find a friend or a stay at home mom anyone who has 15 hrs a week to help you out. I don't do it on my own (wife helps). I try to scrub for DNC but have only been told once that someone I called was on the DNC and I said I was sorry and don't know how his number came up. I only do this in my area and try to set appts and go to there house or to a coffee store and show them how much trouble they are in. I recommend a coffee store, I can't explain some of the houses I've been in. This is what I do and you may have to alter it a little to fit your own style.
1. Send out postcards (I use the small index cards because the postage is cheaper)
2. Make follow up calls 2-3 days after I send out the cards
3. I try to set an appt. Everyone and there brother is mailing these people and calling, but not many will show up and meet with them. Of the people I've met I've only had one not go through with the deal. I think the key is getting a meeting. Now if your mailing all over the country that is something different.
Just keep doing 50 every week or 2 weeks you will get a deal. If that fails do 50 in your area and then go and knock on the door. I really don't see how you can't get a few deals off this system. I will say this should only be one small part of your business. I would not count on making a living with just this one system or any one system. I have mailed out 200 and have not had any luck getting a deal. Just keep doing it thats all I can say. |
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Quicksilver
6303 Posts |
Posted - 05/03/2007 : 7:36:53 PM
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Well didn't work here, we sent from 300-500 per month to our area and counties near by with nothing over 6 months. And I know in other states you can call to see if their recieved the mailer and people don't seem to care about DNC, try that in South FL and you'll have WW III on your hands lol, just had two friends get fined for mistakes their employees made.
Obviously its working for others, not sure why it couldn't work for my partner and I? |
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 7:41:48 PM
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| Darkstar said he is averaging 3 loans a month similiar to this system with 100 mailers sent out every month. |
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Quicksilver
6303 Posts |
Posted - 05/03/2007 : 8:03:28 PM
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quote:
Originally posted by darkstar
That's 5-6 a month...
Chris, it's likes all leads, sadly, nothing works for everyone...
But like any system or lead, not everyone will do what it takes to make it work and some will do everything and it still won't work, why, nobody can answer that, it can be the area, luck of the draw, timing, who knows...Some people buy 100's and find none, some buy 22 and get 5...
As far as creating a part of your own marketing, Terry's system is an easy to learn, affordable option worth 100s of times what it cost!...
I was about to say I know Stephan and he's closing a lot more then 3 per month lol. Your stuff was excellent w/o a doubt, only thing I didn't try was the Priority Mail, spent so much on other marketing and stuff really did not want to spend the money on Priority and still not work lol, I'd have to come up there and steal your plane to pawn.
Maybe we just have bad luck with it?
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 8:10:19 PM
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| 5-6 a month CONSISTENTLY is pretty darn impressive if your mailing up to 500 mailers per month. |
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Tsnyder
11685 Posts |
Posted - 05/03/2007 : 9:01:08 PM
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quote:
Originally posted by JesusdKing
5-6 a month CONSISTENTLY is pretty darn impressive if your mailing up to 500 mailers per month.
So... the only question is do you want to spend
hundreds/thousands of dollars monthly to have
someone generate those leads for you... or would
you rather learn how to do it yourself?
Never Buy Another Lead
http://www.InterSoftPublishing.com
Tsnyder |
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kingfish
336 Posts |
Posted - 05/03/2007 : 9:02:57 PM
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quote:
When I do a mailing I send out between 40 and 60
pieces. Out of those I generally get 8-12 new
apps from those who call me and the follow up calls
I make to those who don't call me.
Of those apps I've closed & funded anywhere from 3
to 7 new loans.
If you are closing 5-7 loans from 50 mailers consistently, i would hope you have tons working for you and are making at least $1M a month sending out thousands. Seems it would be idiotic not to with the ablity to generate business so easily. |
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 9:10:41 PM
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| yes, I like those stats T! |
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JesusdKing
324 Posts |
Posted - 05/03/2007 : 9:14:20 PM
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Kingfish,
what are your stats for this type of mailer system? |
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Tsnyder
11685 Posts |
Posted - 05/05/2007 : 2:34:50 PM
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quote:
Originally posted by cachebroker
I'm wondering if being systematic is key. Send one mailer 90 days out and then another 45 days before adjusting. Any doing the 2 mailer combo. I'm considering adding more incentives to tsnyder's sales letter to get a higher response rate. Its just a matter of testing.
Yes... the key to effective marketing is continuous
testing. By all means, juice up the letter a little
and see what happens.
Also... the duel mailing... test that too. If I've learned
anything about marketing over the years it's that one should
never take anything for granted from one market area to the
next.
quote:
Also, those 28 leads took me a long time to cull, do you have a tutorial to pull your 50-60 leads in 2 hours? Im following all your directions, maybe its the high number of mortgage assignments im seeing in ocean county NJ? That ratio was 75% of valid 2/28 subprime mortgages adjusting on 6/1/07 already refi'd. Its that 25% that took me 4-5 hours to get.
Two things here... First, it doesn't take me very long
to build a list because I've probably done it a hundred
times more than you have. There's a learning curve...
when I look at a list of search results I can pretty much
tell which ones to pursue and which ones to pass without
opening all the docs. I'm sure I miss a few good ones
here and there but I don't like to waste time any more than
anyone else so it's an acceptable trade-off for me.
Second... if you're finding a high % of folks within your
search date range have already refied simply adjust the
date range for your search. In some markets you need to
contact them at least 6 months out... in others, I've found
tons of people due in the next 30 days who haven't done
anything yet.
As you said above... it's all about testing.
Tsnyder |
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kingfish
336 Posts |
Posted - 05/05/2007 : 7:47:18 PM
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quote:
Originally posted by JesusdKing
Kingfish,
what are your stats for this type of mailer system?
Never used his mailer system. My point was that when someone says they mail out 50 pieces and do 5-6 deals, kind of makes me wonder why on earth they wouldn't have a 100 or so guys working for them and sending out tons of mailers...would be PRINTING MONEY.
Personally, I have never seen any response even close to this from anyone. Every lead provider that sells mailers claims absolutely insane numbers but I havent seen it nor heard it from talking to the people who buy leads or use these systems. I think darkstar has a nice product, but, we sure as hell didn't get 13/50 to CALL IN and we sen them out priority, lol
I am not an expert at mailers by any means, we are more sales/telemarketing oriented but if anyone can get anywhere close to these numbers I will buy your company and systems for 5 years revenue...cash. |
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Tsnyder
11685 Posts |
Posted - 05/06/2007 : 01:12:19 AM
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quote:
Originally posted by kingfish
Never used his mailer system. My point was that when someone says they mail out 50 pieces and do 5-6 deals, kind of makes me wonder why on earth they wouldn't have a 100 or so guys working for them and sending out tons of mailers...would be PRINTING MONEY.
If I could find 100 or so guys... or gals... willing to
do the work I'd be happy to hire them. I don't originate
nearly as much as I used to... don't really have the time.
But the numbers are legit because I do the research necessary
to ensure that I'm only mailing to my predefined target.
quote:
Personally, I have never seen any response even close to this from anyone. Every lead provider that sells mailers claims absolutely insane numbers but I havent seen it nor heard it from talking to the people who buy leads or use these systems. I think darkstar has a nice product, but, we sure as hell didn't get 13/50 to CALL IN and we sen them out priority, lol
I agree that Stephen offers a nice product. The difference
between what Stephen offers and the leads I generate for myself
is the degree of refining. It takes less time to call/mail
Stephen's leads but the leads I generate are more targeted.
I'm not mailing or calling anyone who has already refied,
sold or foreclosed. And I don't wait for them to call me.
If someone I mailed to hasn't called me within 3 days I call
them.
quote:
I am not an expert at mailers by any means, we are more sales/telemarketing oriented but if anyone can get anywhere
close to these numbers I will buy your company and systems
for 5 years revenue...cash.
Well... I get those numbers but I'm not for sale at any price... lol
Tsnyder |
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Oracles
484 Posts |
Posted - 05/06/2007 : 11:50:51 PM
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Hello Terry,
I am interested in buying your system and would like to talk to you about couple of things. Would it be possible If you can give me your number?
Thanks |
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Tsnyder
11685 Posts |
Posted - 05/07/2007 : 06:48:08 AM
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quote:
Originally posted by Oracles
Hello Terry,
I am interested in buying your system and would like to talk to you about couple of things. Would it be possible If you can give me your number?
Thanks
Yes... email sent.
Tsnyder |
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jbrinson
572 Posts |
Posted - 05/07/2007 : 10:15:17 AM
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Terry,
We bought your system, but the major counties we aree not able to pull online. |
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jbrinson
572 Posts |
Posted - 05/07/2007 : 10:19:05 AM
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Terry,
We bought your system a year ago, but the major counties we are not able to pull online. This is what takes the most time and funds...going to each county and printing at the county for 1.00 per page. Is there anything new or something I missed as far as are immediate counties or any suggestions you can offer? Can you email me if so... jen@ufundcorp.com
We have funded a handful of loans from this but we would like to become more efficient and quicker to make it worth while!
Jen |
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Tsnyder
11685 Posts |
Posted - 05/07/2007 : 11:21:42 AM
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Hi Jen...
I'll email you...
Tsnyder |
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kingfish
336 Posts |
Posted - 05/08/2007 : 10:02:39 AM
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quote:
Well... I get those numbers but I'm not for sale at any price... lol
Translation = I make no money. Everyone business is for sale for the right price.
If you can give LO's leads that clsoe at your unheard of rate, you could get 100 in a day. Then, just hire people to get more leads.
Anyone here EVER get these astonishing numbers from this product. I would LOVE to hear from a BO member that has purchased your product and now CLOSES 5-6 deals out of every 50 mailers...lol...
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veng
1577 Posts |
Posted - 05/08/2007 : 10:21:03 AM
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quote:
Originally posted by kingfish
quote:
Well... I get those numbers but I'm not for sale at any price... lol
Translation = I make no money. Everyone business is for sale for the right price.
If you can give LO's leads that clsoe at your unheard of rate, you could get 100 in a day. Then, just hire people to get more leads.
Anyone here EVER get these astonishing numbers from this product. I would LOVE to hear from a BO member that has purchased your product and now CLOSES 5-6 deals out of every 50 mailers...lol...
While I cannot attest for Terry's system, I can give you my stats on Darkstar's after this month of mailers and phone calls.
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veng
1577 Posts |
Posted - 05/08/2007 : 10:24:28 AM
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Terry, I have a question but it probably should not be posted here. Can you e-mail me a number you can be reached at?
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Tsnyder
11685 Posts |
Posted - 05/08/2007 : 12:10:52 PM
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quote:
Originally posted by kingfish
quote:
Well... I get those numbers but I'm not for sale at any price... lol
Translation = I make no money. Everyone business is for sale for the right price.
Yeah... that's it... you guessed it... I make
no money... damn... I'm so ashamed... lol
quote:
Anyone here EVER get these astonishing numbers from this product. I would LOVE to hear from a BO member that has purchased your product and now CLOSES 5-6 deals out of every 50 mailers...lol...
I don't think the numbers are so astonishing. If you're
shotgun mailing typical lead broker leads of course your
numbers suck... so does your marketing campaign...
What's so hard to imagine about sending direct mail to a
list of people who are confirmed to have ARMs due to adjust
in the next 30-60 AND... who are also confirmed to have
not already refied, sold or foreclosed... and getting above
average results?
Doesn't seem all that tough to me... nothing astonishing about it.
Does everyone get those results... of course not... I've never
claimed they did... or would... it takes time to test a new
market and make slight adjustments here and there to get those
kind of results and most people don't have the patience to do
that. But... I've heard from many people around the country
who get the kind of results I've stated. If they want to post
here they're certainly welcome to do so.
Meanwhile, kingfish... do you have something useful to
contribute? You know... something you actually know something
about... or are you the kind of guy who just likes to snipe
at people for sport? Yeah... that's what I thought...
Tsnyder |
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jbrinson
572 Posts |
Posted - 05/08/2007 : 12:30:30 PM
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On Terry's behalf, we ordered this about a year ago and it has paid for itself. Do we get 5-6 per every 50 mailers....NO! But we also have not had the time to put every effort into this as we have other stuff we do. We have also had several people call that due to guideline and lender changes, that we were not able to help (credit just wasn't good enough amongst other factors.) I am not sure how many loans we have closed, probably a handful, but none the less, that isn't Terry's fault...there is no "magic" pill out there for getting loans, atleast I haven't found it, but this is a great idea and a good alternate to paying someone else for the same leads. DarkStar seems successful from reading through some of the threads, so the idea and program is successful, probably about as successful as you make it!! It probably is also easier and less time consuming if your counties are accessible online vs. going to the court house.
By the way Terry, forgot to mention my husband is the biggest Iowa Hawkeye fan there is, as I saw you are located in Iowa. We are both originally from Iowa. Hope you are a Hawkeye not a Cyclone!
Jen |
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Tsnyder
11685 Posts |
Posted - 05/08/2007 : 12:47:58 PM
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quote:
Originally posted by jbrinson
On Terry's behalf, we ordered this about a year ago and it has paid for itself. Do we get 5-6 per every 50 mailers....NO! But we also have not had the time to put every effort into this as we have other stuff we do. We have also had several people call that due to guideline and lender changes, that we were not able to help (credit just wasn't good enough amongst other factors.) I am not sure how many loans we have closed, probably a handful, but none the less, that isn't Terry's fault...there is no "magic" pill out there for getting loans, atleast I haven't found it, but this is a great idea and a good alternate to paying someone else for the same leads. DarkStar seems successful from reading through some of the threads, so the idea and program is successful, probably about as successful as you make it!! It probably is also easier and less time consuming if your counties are accessible online vs. going to the court house.
By the way Terry, forgot to mention my husband is the biggest Iowa Hawkeye fan there is, as I saw you are located in Iowa. We are both originally from Iowa. Hope you are a Hawkeye not a Cyclone!
Jen
Maybe this will answer the question, Jen...
"We're gonna fight, fight, fight for Iowa
Let every loyal Iowan sing
We're gonna fight, fight, fight for Iowa
Until the walls and rafters ring (GO HAWKS)
We're gonna cheer, cheer, cheer for Iowa
We're gonna cheer until we hear the final gun
We're gonna fight, fight, fight for Iowa
Until the game is won!"
Man... there just isn't anything like Melrose
Avenue on game day in the Fall...
Tsnyder |
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jbrinson
572 Posts |
Posted - 05/08/2007 : 1:00:26 PM
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Yeah, we try and go to a football game every year if possible, a group of 6-8 of us. We always end up tailgating at a great spot near the stadium...I think it's the last grassy parking area you can get near the restrooms and so on. There is always this Huge Lab out there every year, I think it's the parking lot owner's dog. Anyway we have a great time with our propane heater, beverages, and grill! If you know anyone who sells tickets, let me know. We usually go on Ebay, but last year there was a HUGE scam with fraudulent tickets. Hubby is excited to see how new basketball coach does as well. Now that we are in Minnesota, my husband is on Hawkeye Nation online every night reading the articles and checks twice a day on new recruits...he is a bit obsessed!
Nice to talk to a native, though!! Better cut this off or I am sure to tick someone off for getting off the subject! I will have to move to the Pertinent Only Subject on the Premium side!!
Jen |
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kingfish
336 Posts |
Posted - 05/09/2007 : 10:01:13 AM
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quote:
Meanwhile, kingfish... do you have something useful to
contribute? You know... something you actually know something
about... or are you the kind of guy who just likes to snipe
at people for sport? Yeah... that's what I thought...
You have no real responses. You can claim that mailing 40 pieces gets you 6 loans but everyone here knows that is a total load of crap.
I want you to show us one person who has generated the results you claim, other than yourself. Then, you might have some credibility. All I hear about you is MLM this and that....I am contributing by warning brokers/lo's that they will NOT get the results you claim, period. If I am wrong, just prove it? Surely someone MUST be as good as you at closing these amazing leads?
so, prove it and I will tip my hat, admit I am wrong, and move on.
Again, why are you posting in an open, free forum, if you cannot back up your claims with a single other member getting your results? I don't doubt people get loans -I do doubt they get 13+ call ins off 40 mailers.... |
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Tsnyder
11685 Posts |
Posted - 05/09/2007 : 11:49:52 AM
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If others want to post their results I
certainly have no objection... but I can't
compel them to do so.
And it's 50 mailers... not 40... and if you
can't get 8-12 apps from 50 people whose rate
and payment is about to go up significanly... and
who haven't already refied, sold or foreclosed,
then you're doing something very wrong.
But, hey, kingfish... I appreciate your concern...
and I'm sure all the brokers in America thank you
for looking out for them... lol
Just curious about one thing... you said... "all
I hear about you is MLM this and that..." What
are you talking about?
Tsnyder
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kingfish
336 Posts |
Posted - 05/09/2007 : 12:47:14 PM
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There is no one getting these results from your product. You cannot "compell" them to post here because they do not exist. So far, not so good....
"We have funded a handful of loans from this but we would like to become more efficient and quicker to make it worth while!"
Ok, so it has not been worthwhile for these folks.
and
"On Terry's behalf, we ordered this about a year ago and it has paid for itself. Do we get 5-6 per every 50 mailers....NO!"
Wow, the product paid for itself in a year. Anyway, good luck with your scheme - hope it works out well.
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Tsnyder
11685 Posts |
Posted - 05/09/2007 : 2:29:57 PM
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You have a nice day yourself, Mike...
Tsnyder |
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veng
1577 Posts |
Posted - 05/09/2007 : 3:49:28 PM
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Mike, I have to say I have not purchased Terry's system but I have a friend who has been actually going to the courthouse for years and doing just fine in this business doing roughly the same thing. I believe that his closure rate per 50 letters is in the neighborhood of 5 or 6 loans. The real problem is my friend only works as hard as he has to. He just maintains to allow himself the ability to play golf just about every day all summer.
It is possible to do well if you have a good personality and sound intelligent on the phone. It helps if you know how to sell as well. I do not doubt that people using this system consistently do well. The problem is many people have peaks and valleys because of their work ethic and lack of drive.
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kingfish
336 Posts |
Posted - 05/09/2007 : 7:06:30 PM
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| ok. |
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fitzpatrick
285 Posts |
Posted - 05/09/2007 : 7:58:52 PM
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I can say I don't close 5 loans per 50 mailers. I think that is off as well. What is an app, pulling credit. If that is the case then I would say yes on 50 mailers you may have 25 good phone numbers to call and can pull credit on 5 people. When someone is over 100% ltv and is in the soup 2 months is there any need to pull the credi? Some people you just can't help. The bottom line is this system works but you need to 50 every week, and do some other direct mail, maybe buy some exclusive leads from Ray at best rate once a month, and get out there join some networking groups and meet people.
I would spend the 500 or whatever tsnyder charges and do 3 campaings on your own. Learn the system then pay someone to do it for you. If your going to buy leads this is basically what your doing. I don't see how this can't add 12 loans a year to your pipeline even if you only do it twice a month no matter where you live. I don't think you will never have to buy another lead system again, you will but this is just one peice of the mortgage pie. |
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ChiHlava
854 Posts |
Posted - 05/10/2007 : 7:15:23 PM
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quote:
Originally posted by Tsnyder
And... we aren't with Millenium any longer.
We switched banks at the beginning of February.
Tsnyder
Who is the new bank? |
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homebroker@sbcgl
9301 Posts |
Posted - 05/12/2007 : 10:45:18 AM
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I also ordered Tsnyders package, it does work. We now pay people to pull the leads online or at the courthouse, just like you would pay a telemarketer to call for you. Although the programs works well as a one man operation, I got up to pulling 50-60 leads in an 1:45 min, send out mail and calls came in. The only problam I had in this area is many borrowers were spanish speaking, we solved that problems with a spanish speaking lo. Thanks Terry for a great program.
quote:
Originally posted by jbrinson
On Terry's behalf, we ordered this about a year ago and it has paid for itself. Do we get 5-6 per every 50 mailers....NO! But we also have not had the time to put every effort into this as we have other stuff we do. We have also had several people call that due to guideline and lender changes, that we were not able to help (credit just wasn't good enough amongst other factors.) I am not sure how many loans we have closed, probably a handful, but none the less, that isn't Terry's fault...there is no "magic" pill out there for getting loans, atleast I haven't found it, but this is a great idea and a good alternate to paying someone else for the same leads. DarkStar seems successful from reading through some of the threads, so the idea and program is successful, probably about as successful as you make it!! It probably is also easier and less time consuming if your counties are accessible online vs. going to the court house.
By the way Terry, forgot to mention my husband is the biggest Iowa Hawkeye fan there is, as I saw you are located in Iowa. We are both originally from Iowa. Hope you are a Hawkeye not a Cyclone!
Jen
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