Mortgage Leads: Turn Leads Into Long Term Clients With Mortgage Software
Are you missing the opportunity that most mortgage companies are today by not managing Mortgage Leads properly? Answer is probably Yes! The reality is mortgage leads are people interested in mortgages , weather now or later 65 percent of those people will get a mortgage.
The smart lenders at the top of the game have figured out the Secret. And, those smart mortgage loan officers are leveraging this principal to flush their pipelines with aged mortgage leads. They are helping these past mortgage leads get FHA loans, loan modifications, and new government-assisted mortgage payments.
The Secret that these Mortgage Companies and Loan Officers have figured out on unlocking the long-term value of mortgage leads is mortgage lead software.
Creating a Sense of Urgency
Put yourself in the shoes of your new prospective customer- When someone treats you with a sence of urgency it captures your attention-- same with your clients, if you want to immediately attrack them--show them urgency. Nothing captures a customer's trust faster than an immediate response to their inquiry.
Unfortunately, this can be challenging when leads are coming to an email inbox or in high volume. There is little to increase the visibility or prioritize leads without a well designed mortgage lead management system. As a result, leads get delayed, lost, or overlooked.
The result is that a very motivated consumer is waiting on you!
Put the Customer Center Stage
Make everyone of your mortgage leads feel like they are your only customer. Again, this can be challenging using email or spreadsheets. However, with mortgage CRM software you can automatically sort, distribute, prioritize, note, schedule, and queue leads.
Automation like this can make each mortgage customer feel like you are on top of their needs--proactively following up and always remembering the last conversation.
Treat Mortgage Leads Like Clients
We may call them prospects, but you should treat them like clients. That means you are educating, informing, and teaching. That means you are carefully looking after their interests.
A great feature of mortgage lead software is the ability to dynamically trigger alerts or prioritize especially relevant leads. These alerts should be based on specific attributes of the customer provided information or past application data.
Create a Lead Nurturing Program
Nurturing leads is just good client service. Regardless of whether that lead closed, and became a client or not, you need to watch after each customer's (in your databases) personal interests. You need to status them by objective or financial profile and manage that profile like they were are client.
Your mortgage lead management software should keep track of all these special needs and statuses. Your sales management system should be executing marketing automation that is working, hands off to nurture these prospects and past clients into fresh leads for the future.
If you do this. If you provide them education and valuable advice, even the ones that aren't your clients yet, they will not do business with anyone else. You have them for life.
Create a Client Loyalty Program
Building client loyalty is another important capability of a good mortgage lead software. Loyalty comes from a passionate commitment to help the client. CRM software can help you automate that passionate commitment. Let your mortgage CRM's marketing automation keep you top of mind. Let your CRM kick out informational communications and alerts to your mortgage leads. Let your CRM trigger your regular follow-up to each and every client in your customer database.
Manage Your Clients' Mortgage
Managing your client's mortgage financing needs should be your primary objective--for every mortgage lead in your database. Again, whether they are a client or not you need to continually demonstrate to each client or prospect in your CRM your worthiness to manage their best financial interests.
These Keys are what builds leads into long term clients. The Success of smart lenders and loan officers is that they are taking advantage of the tools that mortgage lead software provides to convert these leads.
The smart lenders at the top of the game have figured out the Secret. And, those smart mortgage loan officers are leveraging this principal to flush their pipelines with aged mortgage leads. They are helping these past mortgage leads get FHA loans, loan modifications, and new government-assisted mortgage payments.
The Secret that these Mortgage Companies and Loan Officers have figured out on unlocking the long-term value of mortgage leads is mortgage lead software.
Creating a Sense of Urgency
Put yourself in the shoes of your new prospective customer- When someone treats you with a sence of urgency it captures your attention-- same with your clients, if you want to immediately attrack them--show them urgency. Nothing captures a customer's trust faster than an immediate response to their inquiry.
Unfortunately, this can be challenging when leads are coming to an email inbox or in high volume. There is little to increase the visibility or prioritize leads without a well designed mortgage lead management system. As a result, leads get delayed, lost, or overlooked.
The result is that a very motivated consumer is waiting on you!
Put the Customer Center Stage
Make everyone of your mortgage leads feel like they are your only customer. Again, this can be challenging using email or spreadsheets. However, with mortgage CRM software you can automatically sort, distribute, prioritize, note, schedule, and queue leads.
Automation like this can make each mortgage customer feel like you are on top of their needs--proactively following up and always remembering the last conversation.
Treat Mortgage Leads Like Clients
We may call them prospects, but you should treat them like clients. That means you are educating, informing, and teaching. That means you are carefully looking after their interests.
A great feature of mortgage lead software is the ability to dynamically trigger alerts or prioritize especially relevant leads. These alerts should be based on specific attributes of the customer provided information or past application data.
Create a Lead Nurturing Program
Nurturing leads is just good client service. Regardless of whether that lead closed, and became a client or not, you need to watch after each customer's (in your databases) personal interests. You need to status them by objective or financial profile and manage that profile like they were are client.
Your mortgage lead management software should keep track of all these special needs and statuses. Your sales management system should be executing marketing automation that is working, hands off to nurture these prospects and past clients into fresh leads for the future.
If you do this. If you provide them education and valuable advice, even the ones that aren't your clients yet, they will not do business with anyone else. You have them for life.
Create a Client Loyalty Program
Building client loyalty is another important capability of a good mortgage lead software. Loyalty comes from a passionate commitment to help the client. CRM software can help you automate that passionate commitment. Let your mortgage CRM's marketing automation keep you top of mind. Let your CRM kick out informational communications and alerts to your mortgage leads. Let your CRM trigger your regular follow-up to each and every client in your customer database.
Manage Your Clients' Mortgage
Managing your client's mortgage financing needs should be your primary objective--for every mortgage lead in your database. Again, whether they are a client or not you need to continually demonstrate to each client or prospect in your CRM your worthiness to manage their best financial interests.
These Keys are what builds leads into long term clients. The Success of smart lenders and loan officers is that they are taking advantage of the tools that mortgage lead software provides to convert these leads.