Millenials are quickly becoming one of the largest demographics of home buyers, estimated to be about 50% of the buyers market nationwide. Since most Millenials are still fairly young, the majority of them will be first time home buyers. That means, that if you want to cash-in on this very lucrative sector, you need a way to connect with them and build a valuable relationship.
The question is how do you do that?
In this episode of MLO Monday, Scott sits down with his friend and neighbor Aaron to learn how he is attracting hordes of first time home buyers.
In this episode, you will learn:
- What you can get for $4.90 on Facebook
- How you can dozens of new loan applications in just a few hours
- Why you should stay solo when conducting seminars
If you are in search of an easy way to generate more valuable leads and start closing more transactions every month, this episode of MLO Monday will give you an amazing strategy that you can implement right now.
What Is A First Time Home Buyer Seminar?
First time home buyer seminars are a lead generation event designed to usher in dozens of hopeful homeowners in search of information from the experts. There are several benefits to holding a seminar, versus a number of other lead generation tactics. Aaron shares that he believes being able to connect with hopeful buyers at the events helps to solidify the relationship with buyers. Additionally, he says that his team has developed a credit repair program which allows them to work with buyers that otherwise, wouldn’t qualify, allowing them to still cash-in on the leads.
How To Hold A Successful Seminar For First Time Buyers
There are several important elements to holding a successful seminar. Aaron suggests renting out a hotel conference or meeting room to increase attendance. In order to get people in the door, Aaron runs Facebook ads and calls on old leads.
The ultimate goal is to get people to submit loan applications at the end of the seminar. In order to maximize your results he offers the following advice:
- Offer advice from a real estate agent, title insurance rep, and yourself
- Make the seminar as valuable as possible by including the highest quality content
- Offer a champagne toast at the end in order to encourage people to stay and mingle with you
Are You Ready To Get To $100 Million This Year?
It can be hard to accept, but you are worthy of success.
The truth is that you do have the ability to be a Millionaire Loan Officer or leading branch manager.
However, you may never get there without the right systems and tools (like a virtual assistant) in place.
If you are feeling trapped by limitations or stuck on the ladder to success, then it is time you booked your strategy call with me.
During our call, I will help you to understand exactly what is holding you back and exactly what you need to become a Millionaire Loan Officer or branch manager this year.
Accept success and claim your strategy call.