Its been 4 weeks and 4 calls since I took a more active roll in the Luxury Home Mortgage Advisor program and we already have a terrific success story! Read below on how one of our students Generated an Extra $50K in 1 week! For more information visit https://www.luxuryhomemortgageadvisor.com/ and book a free consultation call with our team. Alternatively, you can email me direct: scott@thewestlaketeam.com to get connected!
So far our calls have been audio but are being converted to video podcasts and we have some terrific guests line up for you! Luxury Realtors, Builders, some of the top Mortgage Brokers in the industry, Lenders, Athletes, Executives and much more. We are just getting started!
Scott
How This Student Generated an Extra $50,000 In 1-Week
It’s always nice to hear feedback from students enrolled in our course – especially when we hear how they are absolutely crushing it by putting our proven strategies and best practices into place!
Trevor is 4-weeks into our program and was kind enough to share the following feedback:
“I got such great value from prioritizing lead gen first thing in the morning and then marketing with social posts after. It helps to get it out of the way and makes sure I do it when I have the most energy. I reached out to about 5-10 commercial bankers one day last week and booked three meetings and got two solid leads that we are moving forward with”.
The 2 deals Trevor is moving forward with are for an apartment building and a combination industrial/residential...one loan is for $3M, the other for $2M, netting Trevor approximately $50,000 in commission. Not a bad week by any means!!
How did Trevor do it?
The Luxury Home Mortgage Advisor program is a combination of online learning and live coaching calls where Scott Westlake and I personally coach Mortgage Brokers about how they can turn their $100,000 commission business into a $300,000, $500,000, $750,000 business by changing how they market themselves.
It’s not about working more hours, in fact, you’ll actually end up working less. Let me ask you this...have you ever fired a client? Mortgage brokers we train are actively encouraged to cut clients from their book. Clients that are demanding, needy, suck-up all your time and energy but only net you peanuts in commission. By actively freeing up your capacity to develop a network of top-tier referral partners and high-net-worth clients, you will end up earning more while doing less.
Before writing this email I called Trevor to see how his deals were progressing. He is super-thrilled about our live coaching calls and told me it’s given him the confidence to go out and ask for the right kind of business. In fact, he’s done with first-time homebuyers! These will be given to an agent in his office on a co-broker basis.
Why is Trevor done with first-time homebuyers?
Don’t get me wrong, first-time homebuyers will earn you commission. However, the stage they are at in their life, their career, and their mortgage needs, is vastly different than working with C-level executives, entrepreneurs and custom home builders. First time homebuyers will be able to introduce you to, well, other first-time homebuyers. But that’s not the type of clients Trevor wants to focus his time and energy on.