If I have a list of people from the courthouse that have recorded mortgages of over 7%, what is themost effective way to cold call about refinancing right now because 30 year fixed rates are lower right now? The mortgages are from 2001-2004 and can range from $200,000-$5,000,000, are owner occupied and can be ARM's or fixed.
2007-01-05 02:52:13 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
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2007-01-05 05:56:02 · update #1
Many people prefer having a good telemarketer call the leads for them and use a questionnaire that you provide. Then from the information provided you can follow up with a good fit scenario and set up an appointment. I have worked where 3 good telemarketers were keeping over a two dozen seasoned LO's scrambling to keep up with all the business. A friend of mine has 1 caller do this for him just 2 evenings per week. He averages over 30 loans closed per month and has for years.
2007-01-05 05:31:50 · answer #1 · answered by Kevin H 4 · 1⤊ 0⤋
Probably a good idea to use a good, bonded telemarketer. With the do not call rules, there's an $11,000 fine for the first offense. Know the rules before cold calling anybody!
2007-01-05 05:47:20 · answer #2 · answered by teran_realtor 7 · 0⤊ 1⤋
The notes on Adjustables are recorded as well. When your having your searcher do the work, make sure he notes the adjustable rate riders. We are killing it with 3/1 ARM's that were recorded in '03.
2007-01-05 02:55:04 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Ill call!! Give me the numbers!! Lets make some money!!!
2007-01-05 06:13:54 · answer #4 · answered by CEESONE 4 · 0⤊ 0⤋