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Thread: Is Cold Calling Effective for Mortgage Leads?

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    OMF Member rasel123's Avatar
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    Question Is Cold Calling Effective for Mortgage Leads?

    Recently one of client told me to find new leads for his mortgage business. I think it is not easy to find mortgage prospective customers. I am thinking to make use of offline marketing methods such as cold calling for finding mortgage leads. What do you think about cold calling for getting mortgage leads? I know that cold calling is great method of finding new business, what your thinking would it work for mortgages at the same time? Please share your opinion guys. Thanks in advance.

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    Re: Is Cold Calling Effective for Mortgage Leads?

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    Re: Is Cold Calling Effective for Mortgage Leads?

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    Re: Is Cold Calling Effective for Mortgage Leads?

    The prospect is quite interesting but it seems to me that it will be almost impossible to implement

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    Re: Is Cold Calling Effective for Mortgage Leads?

    Cold pitches have a terrible standing, since they can be meddling, scummy, or downright unwanted. In any case, calls are as yet a powerful method to interfacing with imminent home purchasers.


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    Re: Is Cold Calling Effective for Mortgage Leads?

    They are really very effective. If you want more information about it, you can email me and I'll tell you more about it. In some companies, it's accepted that such calls are not helpful and therefore it's not part of their job to make a mortgage call. The client is responsible for himself and his money, he has the right to choose. I worked for several years for a company like this and noticed that it's much more rewarding for the company to work this way. I recently had a mortgage call myself. My wife and I decided to purchase our own home for $150,000. That's a tremendous amount of money, but with the help of Mortgage Advisor Cambridge, we were able to reasonably pay off the entire amount
    Last edited by owentrue; 01-26-2021 at 02:20 PM.

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    Re: Is Cold Calling Effective for Mortgage Leads?

    Cold calling is a good option but I prefer using other offline methods for this purpose like brand imprinted promotional products as gifts or giveaways. You just need to distribute them as giveaways to potential customers. It will act as a portable billboard for you. Or if you want some quick leads then you can always try flyers etc.

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    Re: Is Cold Calling Effective for Mortgage Leads?



    Cold calls have always been part of progress, which is why they are still used in every call center in the world. You will understand how this system works if you study the information at https://goodlifehomeloans.com/reverse-mortgages/process/. I'm sure you'll find information here that will lead you to the truth about cold calling. Many clients don't agree to such terms over the phone, and therefore the manager is obliged to present iron-clad proof that it will be profitable. That's why it's in their best interest to know more about the industry.

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