Mortgage Marketing - How to Earn More Business From Realtors®

Is your marketing strategy getting the results you desire?

Mailing postcards, handing out flyers, giving out your business card, and referring real estate agents to your website are forms of marketing activity, but does that mean it's effective?

Being effective first means understanding how marketing to real estate agents works. Otherwise, you're practicing the definition of insanity - Doing the same thing repeatedly, each time expecting a different result.

Let me share a powerful illustration of marketing:

"If the circus is coming to town and you paint a sign saying, "Circus is coming to Fairgrounds Sunday," that's Advertising. If you put the sign on the back of an elephant and walk him through town, that's a Promotion. If the elephant walks through the Mayor's flowerbed, that's Publicity. If you can get the Mayor to laugh about it, that's Public Relations. And, if you planned the whole thing, that's Marketing!" - Author Unknown

Crafting a Bulletproof Marketing Plan

Do you enjoy rendering service, helping people live the American dream and adding income to an Agent's bank account? I suppose two out of three isn't bad, is it? If you're passionate about helping others, crafting a marketing plan is possible when you learn and understand the key components, which I call the 4 P's.

Planning

Planning is the foundation from which you build your marketing. The process helps yield decisions on how you can compete best. By taking the time to properly plan you can avoid many of the common mistakes loan officers make in creating an overall marketing strategy.

Creating a marketing plan is a formal process of describing the type of relationships you want to attract, how many you want to attract and how you will attract them. By knowing precisely what you want to achieve, you know what you have to concentrate on to do it. You also know what is merely a distraction.

Positioning

A position is a place in your prospect's mind. You use positioning as a communication tool to reach targeted Agents in an information-overloaded marketplace. By narrowing your focus you can build a position as a specialist or expert in their mind. This increases the chances of your marketing message cutting through the noise.

Instead of competing with every loan officer in your town, you've created a niche specialty in which you can become recognized as an expert over time. Positioning is your competitive strategy for getting noticed.

One of the most profound statements made on the subject of positioning comes from Louis Carroll's Alice In Wonderland. When Alice asks the Cheshire Cat which path to take, he responds, "If you don't care where you're going, it doesn't make a difference which path you take."

Give your marketing plan better focus, or else your service will be perceived as coming from a multi-headed creature -speaking from many mouths, saying nothing and going nowhere.

Packaging

Often, it's your materials that Agents come across and gives them their first impression. Perceptions are formed from the quality of your materials that promote your services. Packaging is your opportunity to build a personal brand identity with Agents that they'll trust.

Packaging that has been professionally designed conveys that you're established, especially important if you're new in the industry. You can shape an Agent's perception to increase credibility, give a sense of stability and most importantly - to make your brand more memorable.

Promoting

Promoting your services is what gives your brand identity visibility and credibility. To attract quality relationships you desire, Agents must become familiar, comfortable and feel that you're trustworthy. If you're invisible, nobody is thinking of you.

Promoting is your opportunity to repeat yourself visually. A Grammy winner never won the award from their fans hearing the song one time. They won because their fans heard their song repeatedly.

Once you've determined a position within a niche specialty, your goal is to promote it through every medium that reaches your targeted audience.

Become an Agent Magnet

In it's simplest terms, it's about knowing which problems that you can solve for Agents and then targeting the Agents who have those problems. The more painstaking the problem you can solve, the better magnetism you have in your marketing.

If you chase Agents, they'll always feel they have the upper hand. By incorporating the 4 P's into your marketing and way of thinking, soon you'll have Agents hunting for your services.

Jeff Nelson helps mortgage companies and individual loan officers increase loan originations by developing customized relationship-building strategies that secure quality relationships with real estate agents.

Click here to get a free copy of the Marketing Planning Guide, a 20-page workbook designed to help you outline the 4 P's into your marketing strategy.

Visit us at http://www.loan-officer-marketing.com.

In The News:


Google News
Updated : Mon, 06 Oct 2008 14:48:34 GMT

Obama accuses McCain of looking for distractions - CNN


Los Angeles Times
Obama accuses McCain of looking for distractions
CNN - 19 hours ago
(CNN) -- Sen. Barack Obama on Sunday charged that Sen. John McCain's campaign is launching "Swift boat-style attacks" on him instead of addressing the country's problems.
Health Care: Coverage -- But at What Price? WIS
Health Care Destruction New York Times
Los Angeles Times - BlueRidgeNow.com - Chicago Tribune - Wall Street Journal Blogs
all 1,314 news articles

Publ.Date : Sun, 05 Oct 2008 19:30:50 GMT

For Some Animals, There's No Place at Home - U.S. News & World Report


Canada.com
For Some Animals, There's No Place at Home
U.S. News & World Report - 1 hour ago
By Amanda Gardner MONDAY, Oct. 6 (HealthDay News) -- Exposing your children to the joys of pet ownership may, in some cases, also mean exposing them to infections and injuries.
Keep Kids From Exotic Animals, Docs Say NewsNet5.com
Doctors: No hamsters or exotic pets for young kids The Associated Press
WRCB-TV - Reuters South Africa - The Press Association
all 291 news articles

Publ.Date : Mon, 06 Oct 2008 13:06:44 GMT

PGA -- 2008 Turning Point Championship Recap - Pro Fantasy Sports


SkySports
PGA -- 2008 Turning Point Championship Recap
Pro Fantasy Sports - 41 minutes ago
Hello in the second of the “Fall Finish” series, a unknown rookie birdied the 72 nd hole to earn a hefty paycheck and a spot on the PGA tour for the next two years.
Johnson earns first win at Turning Stone Sports Network
Rookie posts first victory San Francisco Chronicle
WFIE-TV - Chicago Tribune - PGA Tour
all 293 news articles

Publ.Date : Mon, 06 Oct 2008 14:07:14 GMT

Postseason ace Beckett shelled as Angels win 5-4 - The Associated Press


The Associated Press
Postseason ace Beckett shelled as Angels win 5-4
The Associated Press - 37 minutes ago
BOSTON (AP) - Josh Beckett waited four extra days for a chance to show his postseason brilliance. That shine wore off with his very first pitch.
Video: Angels, White Sox Each Force a Game 4 AssociatedPress
Red Sox's injuries could prove costly vs. Angels FOXSports.com
Boston Globe - MLB.com - Newsday - Boston Herald
all 2,381 news articles

Publ.Date : Mon, 06 Oct 2008 14:11:21 GMT

Mammals facing extinction threat - BBC News


Canada.com
Mammals facing extinction threat
BBC News - 2 hours ago
By Richard Black At least 25% of the world's mammal species are at risk of extinction, according to the first assessment of their status for a decade.
Many, many mammals face extinction Los Angeles Times
One Quarter of World's Mammals Face Extinction Scientific American
Washington Post - Daily Green - eFluxMedia - Boston Globe
all 194 news articles

Publ.Date : Mon, 06 Oct 2008 12:37:47 GMT

Ask.com Sails into Semantic Search to Differentiate from Google - eWeek


BBC News
Ask.com Sails into Semantic Search to Differentiate from Google
eWeek - 1 hour ago
By Clint Boulton Ask.com's search engine market share is minimal at best, but the company keeps on plugging away in application development to keep from being extinguished by Google, Yahoo and Microsoft.
Ask.com Amps Up Search Again Wired News
Ask.com, now with more answers CNET News
BBC News - Search Engine Land - Computerworld - Profy
all 21 news articles

Publ.Date : Mon, 06 Oct 2008 13:04:07 GMT

Angelina Jolie Debuts New Movie and New Ink - Actress Archives


MTV UK
Angelina Jolie Debuts New Movie and New Ink
Actress Archives - 39 minutes ago
Angelina Jolie and Brad Pitt recently attended the movie premiere for Jolie’s new film “The Changeling” directed by Clint Eastwood, and the film wasn’t the only thing on display.
Video: Angelina Jolie and Brad Pitt at Premiere AssociatedPress
Angelina Jolie’s New Tattoo MTV UK
eFluxMedia - First Coast News - ChattahBox - hecklerspray
all 402 news articles

Publ.Date : Mon, 06 Oct 2008 14:09:31 GMT

Rss Feed Reader
Increased Web Site Traffic


PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

Unique Gift Items ? 3 Creative Ideas

With promotional items there are standards: t-shirts, mugs, note cubes,... Read More

Why Most Marketing Videos Dont Work

Every now and then I will meet someone who has... Read More

Do You Know Where Your Email Address is Today?

Having people go to your website is not always easy:... Read More

After The Mailing Is Done, What Happens Next?

If you're doing any sort of marketing effort, whether it's... Read More

5 Ways to Use Your Business Cards More Effectively

Contrary to popular belief, the best use of business cards... Read More

Fax Marketing : Reaching a New Niche of Customers

Traditional marketing and advertising assumes that all of your customers... Read More

51 Ways to Say Thank-you in a Fundraising Letter for a Non-for-Profit (Includes Examples & Samples)

One of the hardest jobs in fundraising is crafting original... Read More

Online Communities - A Marketers Wildest Dream and Worst Nightmare!

Online Communities are all over the Internet and attract lots... Read More

How You Can Make Money From Competitors Easy

Are you market products and services using PPCs? PPC Advertising... Read More

Medias Dirty Little Secret

I'm constantly amazed by all of the media reps from... Read More

Fundraising Letters Should Raise Donors, Not Donations, When Mailed to Strangers

Are you willing to spend $1.25 to raise $1? To... Read More

Up Your Income Next Week: 13 Ways to Have a Sale

Nothing gets people buying products or programs like a special... Read More

Eliminate Your Competitors With 2 Simple Steps

In business, having competitors goes with the territory. There's almost... Read More

Color Part 1: Accuracy

Color is one of the most difficult parts of a... Read More

How to Turn Your Promotional Products Expense Into a Profit Center

If you use promotional products you probably already know the... Read More

Tackle a Newsletter and Come Out On Top

Unlike any other marketing vehicle, newsletters give you the opportunity... Read More

Using Demographic Data For Your Direct Mail Marketing Campaign

Targeting high potential markets with a direct mail marketing campaign... Read More

What Does Your Logo Color Say About Your Business?

And not only your logo, but also your website, your... Read More

3 High-Impact Fixes For Your Marketing Woes

How many times has your competitor gotten one over on... Read More

Winning At Business With Your Marketing Game Plan

Stuart from Colorado had talked to a number of marketing... Read More

Building Skills in Information Marketing will Boost Your Business

Yesterday I was sitting on a train going into London... Read More

Web Site Marketing Strategy: 8 Ways To Increase The Perceived Value Of Your Freebies

It is a well known web site marketing strategy: To... Read More

Clever Headlines Usually Flop! Are You Being Too Clever For Your Own Good?

Copywriters that try to be clever, humorous, abstract, or use... Read More

How to Put Law & Order into Marketing Your Legal Practice

First in a series of three articlesRegardless of your law... Read More

Joint Venture Marketing: What and Why

What is a Joint Venture? A joint venture is an... Read More