Mortgage brokers and Realtors, I have a fun test for you. This test will give you an idea of your ability to think through situations. Believe it or not, no matter how fun it is to answer these questions, this exercise is still relevant to generating more business. Are you ready for this? Here we go:

Question #1 – There are 6 eggs in a basket. 6 people each take 1 egg. How can it be that 1 egg is left in the basket?

Question #2 – Acting on an anonymous phone call, police raid a house to arrest a suspected murderer. They don’t know what he looks like, but they do know that his name is John. Inside, they find a carpenter, a cab driver, a mechanic and fireman playing cards. Without asking his name, they arrest the fireman on the spot. How did they know they had their man?

Question #3 – A man escaped from prison and is making his way home on foot. After walking about 2 miles from the prison on a rural country road, he notices a police car coming towards him. Despite knowing that all squads will be looking for him, he ran towards the car. Only when he was about 10 feet away did he turn and run into the woods. Why did he run towards the police car?

You will find the answers to these questions at the end of this article. So what is the point of presenting you with these questions? The above scenarios were designed to test an individual’s lateral thinking ability. What exactly is lateral thinking?

Lateral thinking is approaching a problem from diverse angles instead of focusing on one approach at length. All of the above questions had relatively simple answers to them, but when presented in the context that they were, the scenarios can seem confusing.

I used these scenarios to demonstrate the way we as mortgage brokers approach our own business and the gaps in training that can daunt the “Average Joe” mortgage broker or Realtor . Sometimes we find ourselves in situations where there seems to be no easy answer. In fact, many mortgage brokers are feeling downright confused about what to do in today’s market condition.

Many originators and real estate professionals look at their options, and they find 1 or 2 recommended solutions that may or may not work as advertised. What happens when the marketing approach doesn’t bring in the desired results? They give up! Why resign yourself to mediocre results or to a less than fulfilling career when there are so many solutions still out there for mortgage brokers and agents with even an ounce of self-confidence?

By using our own brainpower and the mountain of information available to us, there are simple solutions available at our finger-tips just waiting for us to implement. The problem is that a fine balance needs to be struck between creative lateral thinking while adhering to sound and proven business truths.

Try approaching your challenges from a different angle. Apply critical and lateral thinking to the hurdles that you face to find solutions where previously there seemed to be none.

As long as originators and agents continue to implement the same strategies and approaches that everyone else is using, they will continue to get the same results they always have. It’s amazing what a little brain power and creative thinking can accomplish. Take a look at the answers to the questions above to find out what the answers were.

I think you’ll be amazed at how simple the solutions were. Yet due to our own limited view of situations and the world around us, many times we create our own mental prison. Free the creativity within yourself, and apply these principals to some of your most pressing challenges. I think you just may surprise yourself.

Answers Key:

#1 – The last person to take an egg took the basket with him.

#2 – John was the only man in the room.

#3 – The criminal was on a bridge, and was much closer to one side than the other.

http://www.loanofficermarketinglab.com/chrish

A very true post written by Chad Weber…

Many originators cannot envision themselves as being successful. No joke! Most sales professionals feel deep down inside that they will never reach their true financial goals. Isn’t this depressing? In order to reach success you have to first believe that you can do it! No, not just the uncommitted “you can do it” pep talks that we sometimes give ourselves; but the firm conviction that you are almost there! Believe in yourself and take affirmative action to supply the necessary education and tools to hit those goals.

Most loan officers are closer than they realize and just need that small helping hand to push them over the edge.Then there are others that for 1 reason or another inwardly believe that the world is against them, or “things just weren’t meant to work out for me.” My advice to these loan officers? SNAP OUT OF IT! We all have bad days, weeks, and even sometimes months and years!

Or at least it may seem that way at times. But let me give you the best advice I can based on my own personal down-turns and roller coaster rides… Despite the fact that I had some months where every single day seemed to bring 1 disaster after another, (In fact, I once had a 6 – 7 month stretch of bad news, work-related disasters, and even my condo that was nearly destroyed while I was on vacation) I can tell you in all sincerity that very little progress was ever made when my attitude was negative.

The only time I was able to make forward progress, and change my circumstances for the better was when I put the negative “poor me” and “nothing ever works out for me” attitude behind me. Too often we give in to pointing fingers at others, or circumstances instead of taking responsibility for our own future. Make the decision today to make a change for the better. Success is not too far away if you are committed to finding it. No games, no excuses, just action!

http://www.loanofficermarketinglab.com/chrish

What if I told you that there is a massive crowd of hungry buyers that are looking for your services? What if I then told you that this huge list of loan officer/Realtor leads went ignored by nearly 90% of mortgage brokers and Realtors? Would you believe me?

It happens every single month, and will continue to happen for quite a while. So what exactly does this mean to you? This means that there is a relatively untapped market just waiting for you to jump in and dominate! So what is this mystical market that no one has ever heard of?

The internet… You heard me right, the internet! According to Google, (There’s even a way to verify this information) each month, even a medium sized city in the U.S. will get over 200,000 searches for real estate! Let that sink in for a moment! Over 200,000 searches every single month for homes for sale!

While we already know that most of those individuals will not buy a home for any number of reasons, even if 10% of that number is serious about buying within the next 6 – 12 months, you have a gold mine just sitting there on the web right in front of your face!

Yet, despite these hundreds of thousands of searches each month in city after city, more than 90% of loan officer’s surveyed reported that they close 1 or fewer transactions per year from their websites! Talk about missing the boat! There’s more than enough loan officer or Realtor leads flowing through the web to keep any loan officer busy as can be, yet most are going broke in today’s market.

So what’s causing this strange phenomena? Simple. Most loan officers subscribe to the “build it and they will come” method of online marketing. They purchase a ‘pretty’ website, and then sit there to wait for business to roll in!

Sorry guys! The web is such a large place (Total websites now number in the billions!) these days, that if you don’t actively market your site, there’s no way your hungry prospects are going to find you! It’s akin to building a McDonalds in the center of a Rain Forest! How much business will you get? None!

All is not lost. There are simple techniques that can place your website at the top of the search engines so that home buyers can find your site, and ultimately end up in your pipeline. Since most loan officers never take the time to learn these techniques, this means that there are just that many more loan officer leads waiting for you.

If you’d like to see first hand how to find out just how many leads you could develop in your own home-town:

http://www.loanofficermarketinglab.com/chrish