Learn what it REALLY takes to build a THRIVING mortgage business, doing what you LOVE, without relying on cold calling or annoying Realtors. Hosted by Doren Aldana, founder of MortgageMarketingCoach.com and several highly-acclaimed training programs, including the Client Acceleration Formula and the 7-Figure Lender Academy.
Episodes
Thursday Oct 13, 2022
How Top Producers Are Taking Advantage of the ”Market Shift”
Thursday Oct 13, 2022
Thursday Oct 13, 2022
In today's market, it can take a lot to get to the top and even more to stay there. We hear success stories of how the market's top producers climb the ladder, but not how they stay at the top when things change in the market.
How do top producers respond to adversity? How do they decide where to focus their energy? Stinkin’ thinkin’ isn't going to get us the results we desire, so how do we change our mindset from one that is focused on adversity?
In this episode, I discuss some of the quintessential traits that the top producers in the industry share, and the key to seeking out opportunity in adversity.
While the ordinary focus on adversity, the outstanding focus on opportunity. -Doren Aldana
Three Things We Learned
- Turning adversity into opportunity
Like everyone else, LOs face multiple adversities. How do the top producing LO’s turn adversity into opportunity? - How to be a contrarian
One of the things that LOs do to stand out in the market is doing the opposite of ordinary. How does going against the current attract the masses? - Sift, sort and select.
Rather than merely selling, the top producers are sifting, sorting and selecting when it comes to building their dream team of Realtors. How does this help them stay at the top?
Thursday Sep 29, 2022
3 Steps For Upping Your Income In A Down Market
Thursday Sep 29, 2022
Thursday Sep 29, 2022
In times of adversity, like a down market, it’s more difficult than ever to stay positive and use the struggle to learn and grow. Yet to get and stay ahead, this is the most important time to embrace adversity and use it beneficially.
Can we use a down market to actually grow mentally and financially?
In this episode, I look at three simple steps to shift our mindsets on adversity, draw on our innate resilience, and increase our income in a down market.
Being a champion is not about being perfect, it’s about seeking the best version of ourselves. -Doren Aldana
Three Things We Learned
- How to shift our perspective on the adversity we face
Anytime there is a down market, many of us focus on the adversity as something taking our joy. Is adversity making you better or making you bitter? - How to focus on what we can change, and ignore what we can’t
Surrender is powerful. When we focus on what we can control it gives us the opportunity to move forward, and come closer to living in the light, instead of the dark. - How to stop chasing and start attracting
It can be hard to adopt this particular posture, but we have to work toward attracting, rather than chasing agents.
Thursday Sep 15, 2022
Ask Me Anything: Market Shift Edition
Thursday Sep 15, 2022
Thursday Sep 15, 2022
From just getting started, to growing and scaling, there are so many steps to get up and running, and that’s before a market shift factors into things.
Can we survive and even thrive when the market gets a bit shaky? How do we become our unstoppable selves and become the best in this business?
In today’s episode, I answer questions submitted by listeners that cover mindset shifts, marketing tips and more to get you working smarter not harder.
There’s always an ocean of abundance available; the question is are you coming to that ocean of abundance with a little itty-bitty thimble… or a dump truck? -Doren Aldana
Three Things We Learned
- How to get past the wall of resistance
In today’s crazy market place there are multiple barriers that make our job in mortgage harder, how do we get over these and find success? - Why we have to target top producers
The fastest way to the cash is working with top real estate producers, but how do we crack the code to get there? - Why we have to diagnose first, prescribe second
Become irreplaceable and indispensable by offering the “cure” to the ailments of top producers
Thursday Sep 01, 2022
Thursday Sep 01, 2022
In the mortgage industry we’re often chasing down Realtors and working long hours putting power in the hands of others, but this doesn’t have to be our reality. What if we could flip the script and put the power back in our own hands?
By putting more value on our time, and owning the gifts we bring to the marketplace, we can attract the right clients instead of trying to convince any Realtor to work with us.
In this episode I talk with Tyshawn Young about how she put more value on her time, her decision to limit who she works with and how that all led to her doubling her income in just three months.
We can’t change our reality until we face our reality. -Doren Aldana
Three Things We Learned
- How to show that we value our time
How can we shift our mindset about time and work productively while not giving up personal time for ourselves? - Why we should focus on attracting, not chasing
How do we align our business to attract Realtors and clients without having to chase them down? - Why it doesn’t take much to stand out
Can we stand out and differentiate ourselves by simply asking the right questions and providing solutions in a way nobody else is?
Thursday Aug 18, 2022
3 Simple Steps to Recession-Proof Your Mortgage Business
Thursday Aug 18, 2022
Thursday Aug 18, 2022
With all the inflationary indicators in the market, it’s clear that the mortgage gold rush is over and a recession is well on its way. Many loan officers are going to find themselves in scramble-mode - experiencing business turbulence, operating in a precarious position, and facing a whole lot of uncertainty.
How do you make sure you’re least and last affected by a downturn, not first and most?
Believe it or not, right now is the perfect time to prepare to take market share, and thrive and grow while everyone else is dropping flies. How do we build stability into our business and make it Parthenon stable?
In this episode, I’m going to share 3 ways to arm your business for a recession and build a rock solid foundation for you to enjoy whatever is happening in the market.
If you’ve noticed that you’ve been getting your ass kicked when it comes to your refi business dwindling and you’re in scramble mode, here are some words that will help you: never again. -Doren Aldana
Three Things We Learned
- Why many loan officers find themselves in a precarious position
Relying on one anemic aspect of the business makes us exceedingly vulnerable to market shifts, so what do we do instead? - How to avoid the worst of the downturn, and even thrive through it
What are the big mistakes that make you hyper-vulnerable to market downturns? - How to create a treasure trove of opportunity
How do we build a stable of rockstar Realtor partners?
Thursday Aug 04, 2022
The ”BIG 3” Realtor Objections That Stop Most LOs
Thursday Aug 04, 2022
Thursday Aug 04, 2022
Objections are a normal part of the game of business but unfortunately, many LOs let that pushback discourage them from taking further action.
What are the top objections mortgage professionals face, and how can we get past them?
In this episode, I present the various reasons why objections often stop mortgage professionals in their tracks and how to overcome them.
No event is good or bad except the meaning we add to it. -Doren Aldana
Three Things We Learned
- Why Realtors give us lame objections
What are the most common reasons real estate agents say "no" to us? - 5 big reasons why objections trip us up
What factors affect us when we get objections? - The ultimate value proposition for attracting top-producing Realtor partners
What offers make Realtors need us more than we need them?
Thursday Jul 21, 2022
How to Cultivate Massive Confidence to Close More Loans!
Thursday Jul 21, 2022
Thursday Jul 21, 2022
A lot of what’s happening right now is stealing our confidence - a massive market shift, low inventory, hyper-competition, margin compression and higher prices. It's becoming harder to do business, and many people are struggling to earn only a fraction of what they used to make.
Amid these challenges, what role does a high level of confidence play in keeping mortgage professionals in business?
In this episode, I discuss how you can cultivate massive confidence so you can close more deals.
"We build muscles by lifting weights heavier than what feels comfortable, heavier than what we're used to, and that’s how we step into the best version of ourselves." -Doren Aldana
Three Things We Learned
- What a lack of confidence looks like
How can you tell you lack confidence, and how can you fix it? - Three different ways we kill our own confidence
What kinds of thoughts and actions destroy our self-confidence? - Three keys to cultivating massive confidence
How can we build our self-confidence rather than destroy it?
Thursday Jul 07, 2022
Thursday Jul 07, 2022
A lot of people are struggling with the challenges in the marketplace from hyper-competition, income regression, to low inventory, and rising rates.
Understandably, many LOs are freaking out – they're working longer and harder for less, their net income has dropped considerably, or they’re having a hard time converting deals into contracts.
On the other side of this adversary, however, is an enormous opportunity because regardless of the condition, people will be getting into the market, moving up in the market, and getting divorced.
All those require transactions that might as well be transactions with your name on them! In this episode, I shed a brighter light on the number one reason why your income is going backwards and how to fix it, regardless of challenges in the market.
"If we’re entering into new domains, we are stepping out of our comfort zones. And when we step out of our comfort zones, we discover how much we need to learn." -Doren Aldana
Takeaways
- What's really causing your business to go backward
There are causes, and there are exacerbators. What’s the difference between both? - Why most LOs fail to attract Realtors
Why do most mortgage professionals get no-shows, BS excuses, and a high wall of distrust from Realtors? - How to build a recession-proof mortgage business
Why should you have a list of top-producing Realtors who need you more than you need them, adore you, and send you deals?
Thursday Jun 23, 2022
Thursday Jun 23, 2022
At a time when everyone is getting hit by the storm of a market shift, it's important to have a strong base of top-producing realtor partners, especially if you’re new to the game.
In this kickass Q&A session, I talk about the best and shortest way to get more transactions and master the purchase market when you don’t have a stable of 10-15 rockstar Realtors sending you all the business yet.
The shortest path to the cash is always going to be top-producing Realtor partners. -Doren Aldana
Takeaways
- How to get more Realtor referrals without cold calling
The importance of having a Realtor-attracting system, the right mindset, and the right posture. - How to build a rock-solid recession-proof business in the purchase market
What is the best way to build stability? Does diversification work? - How to stay motivated when things are tough
How do you induce motivation when you clearly lack it?
Thursday May 19, 2022
3 Killer Strategies for Winning More Deals in a Crazy Sellers’ Market!
Thursday May 19, 2022
Thursday May 19, 2022
In this crazy seller’s market, it’s safe to say that LOs are feeling the heat on a lot of fronts. Rates are going up, margin compression is the order of the day, inventory is crazy low and the refi gold rush is hitting the point of diminishing returns.
How do we get traction under these conditions and still build a solid recession-proof business?
In this episode, I’m going to share 3 peace-of-mind-inducing winning strategies that will still get you to planet prosperity even as market conditions get more challenging.
"In this crazy seller’s market, everyone is clamoring after the same Realtors because rates are going up, inflation is going up, and the refi boom is drying up." -Doren Aldana
Takeaways
- How to strategically guide clients to victory in a multiple offer scenario
What powerful steps can you take to get your buyers under contract even if they’re not the winning bidder? - High level marketing strategies to win over the best and brightest Realtor partners
To succeed in a seller’s market, we need a bench of top producing Realtor partners, but how do we prime them to want to work with us when so many LOs are clamoring for their attention? - Why helping Realtors get more listings will propel our businesses
What is the ultimate bait for winning buyer clients in this crazy market?