The Three Magic Words mortgage-marketingHere’s a mortgage marketing tip:

Spend some time with a real estate agent and ask them questions about their specific field of expertise. Sooner or later someone will invariably utter the three words that are often used to sum up what”s needed to understand the world of real estate: location, location, location. Which got me to thinking. Does the world of mortgage brokers and loan officers also have its magic three words that sum up what’s needed to understand the world of mortgage marketing?

I”m here to tell you that it does, and I recently discovered those three secret words while speaking with one of Exodus Marketing’s longest and most successful customers.

Meet Dennis. Dennis is a mortgage guy who lives in central California. He has been with us for over 7 years now. Dennis changes his personalized message on his mortgage marketing newsletters every single month and has done so since the beginning. His approach is to fill the first two-thirds or more of the space available for personalization (starting on page one and continuing to page 4, about 450 words total) sharing with his readers stories about his grandchildren, his life living on a small farm, which includes planting an annual garden, cleaning out his barn and doing his best to manage large puddles of water that run onto his land after it rains. Dennis also writes about how he and his wife compete in long-distance, endurance horseback riding events.

He writes about traveling to Mexico once a year with his church to help build and repair housing for the poor. Dennis sometimes laments some of the changes in modern life and shares his views on the world his grandchildren will hopefully inherit. After sharing stories from his life, which almost always includes a small dose of countrified humor, Dennis fills the last third of the space available on his mortgage marketing newsletters with something about, well, mortgages. He may talk briefly about the low interest rates and how now might be a good time to refinance, or he may write briefly about a new state or federal program and how this program might help those who are looking to sell or buy.

Dennis may have not intended to do this from the start (or maybe he did), but his clients see him as family. They trust him like family. They seek his advice. Why? …Because they know him on a personal level just like they do family. They know what Dennis does when he’s not doing mortgages and they know his opinions on certain subjects. Whether they agree with him or not, they know where he stands and for that reason they trust him. Will his clients refer him to friends and neighbors? Absolutely. Why wouldn’t they?\r\n\r\nI called Dennis recently and expressed to him personally how I have come to really enjoy his personal mortgage marketing messages month after month. I feel like I know him as well as I know my own personal friends, and I just spell-check and do his layout for his newsletters. It”s odd. I’ve never actually met him, but I feel like I know him. Dennis thanked me for my positive comments and then said, “You know, there are a lot of mortgage people out there who never figure it out. They spend their careers talking about percentages and terms like quantitative easing to people who they desperately hope to retain as clients. When, in fact, the secret to this business, any business for that matter, is building real relationships. …It’s all about building and maintaining personal relationships with people. That’s why people come back; that’s why people refer you. …That”s the big secret that no one seems to get. So there you have it. The three magic words that sum up the world of real estate are “location, location, location.” And the three magic words that sum up the world of mortgage marketing are “relationships, relationships, relationships.”

Lastly, a mortgage-marketing newsletter is the foundation upon which those crucial relationships can be built, maintained and nurtured.\r\n\r\nTo learn more about how we can help you with your mortgage marketing strategy, call us today.

 

Mailing list accuracy is paramount. By utilizing our Change Of Address Service, your mailing list will be accurate with in 2 weeks of the Post Office’s records. The COA Service is used to compare your mailing list against the United States Postal Services – Change of Address database and returns to us a new address along with the month and year that the move occurred. It requires that the initial address is correct and that the addressee submitted a Change of Address / Mail Forwarding Request with their local post office.

Mail Service

Your newsletters are complimented by our state of the art mailing service. This invaluable convenience costs less than the cost of a postage stamp and includes folding, tabbing, sorting, and of course the inevitable trip to the post office. Once your newsletters are personalized, approved, printed and folded, the mailing process begins. Your mailing list is submitted, through our secure online server. We provide a complete turnkey solution to keep your mortgage marketing or real estate marketing efforts consistent, on time and with no hassles or worries.

Help

Content Help What is it and how much does it cost?

What is it?: Since not everyone knows how to write we offer the content help service. It is no more than a 5-7 minute conversation with your layout rep. Not a questionnaire or forms you need to fill out. Your layout representative asks a handful of business and personal related questions. Nothing too serious however we use the answers to write the personalization for you. It works extremely well and often inspires things to share with your clients that you might not have thought of or were unsure would be worth while. Most people realize they’re just reflecting back on the last 30 days or so.

What does it cost?: Nothing, we gladly help you for free. We want nothing more than your newsletter to be successful. Simply put, your success is synergistic with our success.