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Marketing Tips for Mortgage Brokers

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Mortgage Brokers have one of the most ideal marketing environments in history. Are you taking advantage of these unique conditions to grow you mortgage business?

I know what you’re thinking…”Troy, what are you thinking?” But, really it is true. Here is my simple case:

  • The mortgage market is more volatile than any time in history
  • Volatile markets create questions, concerns, and fear
  • These emotions drive homeowners and homebuyers to seek information
  • Consumers looking for answers are very responsive to marketing
  • Marketing is cheaper than ever, some marketing is even free

So, what should you be doing to get in on this mortgage marketing high?

  • Use the news – they are marketing for you. Send clips to your database
  • Alert your clients when rates change – start a daily or weekly email
  • Give them a place to read more – start a blog or website with mortgage info
  • Market in multiple places – try direct mail again
  • Don’t have a lead database of prospects – buy inexpensive aged leads

Most importantly take action today! This mortgage marketing ideal world will only last so long.

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