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800K People Still Need to Refi

September 9, 2014 CFPB, FHA/HUD, Refi 6 Comments
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According to NPR there are over 800,000 people that still need to refinance.  Sick ’em!

REMN Wholesale is going to be at the NAMB Convention in Vegas next week!  Here’s the deal… They throw a killer party and their having one on the 14th that you won’t want to miss!  So to get more information about it you can simply CLICK HERE!  Hope to see you there and don’t miss it!

Sea of PeopleNow on to new business and that’s what it really is.  A lot of originators out there are complaining about business being slow with respect to refinances, but according to the NPR, there is a bunch of business out there ready to be had.  So why isn’t it getting done?  Well, if you ask me, it’s because no one is talking to these prospects letting them know that they can do it.  I think most originators and companies are sending emails and making Facebook posts, but no one is calling.  I think the one’s who call will get the majority of the business.  That’s my opinion, what’s yours?  So if I am right what’s stopping us?  I think it’s a combination of motivation and time.  A lot of us aren’t motivated to pick up the phone and a lot of us feel like we don’t want to put in the time.  Look, if you’re in this boat, just use Boomerang Prospecting.  Send them a couple hundred people in your database you think will benefit from a refi, chose the refinance script and let them call for you.  When they find an interested person they set the appointment for you to call them back and get the deal.  CLICK HERE to learn more about Boomerang Prospecting, but… If you don’t use them, get on the darn phone yourself and make it happen!!

With that you all have a wonderful day and we’ll see you tomorrow!

Frank and Brian

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