| Author |
Previous Topic | Next Topic |
|
cblaskoski
998 Posts |
 Posted - 05/13/2008 : 12:26:06 PM
|
| My title company is really good at getting me leads and I was hoping some of you might be able to give me some advice on what to screen for and what has worked best for you. Thanks. |
|
|
|
Managing Prime
2958 Posts |
Posted - 05/13/2008 : 12:31:37 PM
|
100% equity or renters.
You know that title rep is slinging those lists like meth in a trailer park and everyone wants the subprime lenders or current FHA or ARMs or people with rates above 6.5%, etc.
Work the space that everyone else is overlooking. |
|
|
cblaskoski
998 Posts |
Posted - 05/13/2008 : 12:38:08 PM
|
| thank you. Could you enlighten me on 100% Equity? Is this people who don't owe anything? Would you be selling them cash out? |
|
|
KHufford
10374 Posts |
Posted - 05/13/2008 : 12:40:57 PM
|
The best filter for farm leads would be...to filter them ALL out. Honestly dont wast the time. I have a group of 5 telemarketers sending me applications with social#'s and everything, for 3 months. Didnt not close ONE. Out of about 200. Got about 3-10 a day and nothing, couldnt help any of them. Focus on purchases.
|
|
|
Managing Prime
2958 Posts |
Posted - 05/13/2008 : 12:49:41 PM
|
No cash out pitch, but it could turn into cash out refi. No closing cost home equity lines of credit. If someone owns their house free and clear and does not have an equity line they are an idiot. Easiest sell in the world. Don't make much on the units, but you can sell a lot of them.
quote:
Originally posted by cblaskoski
thank you. Could you enlighten me on 100% Equity? Is this people who don't owe anything? Would you be selling them cash out?
|
|
|
Managing Prime
2958 Posts |
Posted - 05/13/2008 : 12:50:51 PM
|
DAMN.... Equity problems?
quote:
Originally posted by KHufford
The best filter for farm leads would be...to filter them ALL out. Honestly dotn wast the time. I have a group of 5 telemarketers sending me applications with social#'s and everything, for 3 months. Didnt not close ONE. Out of about 200. Got about 3-10 a day and nothing, couldnt help any of them. Focus on purchases.
|
|
|
KHufford
10374 Posts |
Posted - 05/13/2008 : 12:54:49 PM
|
quote:
Originally posted by Managing Prime
DAMN.... Equity problems?
quote:
Originally posted by KHufford
The best filter for farm leads would be...to filter them ALL out. Honestly dotn wast the time. I have a group of 5 telemarketers sending me applications with social#'s and everything, for 3 months. Didnt not close ONE. Out of about 200. Got about 3-10 a day and nothing, couldnt help any of them. Focus on purchases.
They were all over the US too. Either bad credit, late payments, no equity, combination of both, or getting undercut by some loser telemarketer bait and switching or retail. Complete and utter waste.
|
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
