MyEloanProcessor Blog

July 30, 2008

To Social Network or Not? Do you really understand the concept?!

 Prior to diving into the world of commission-based salaries, I was a recruiter for about 10 years during the 1990’s. As a recruiter I recall a sizable portion of my time focused on networking, networking, networking which of course included countless calls.  I used to refer to my phone as an oxygen mask; I needed it to survive.  The internet was new and very slow.  I remember having to dial-up to access anything, and that in itself took forever.  Back then to develop a rapport with clients, joining Networking Groups was essential.  Much has not changed in this regard.  Networking continues to explode in the after-hours aspect of the day over appetizers, cocktails and the exchanging of business cards.   The next day was much like clock-work.  Enter the info into your rolodex, send out your “nice to meet you card” and schedule a follow-up meeting.  Those were the days…. Or were they?  As I gained more experience as a recruiter, I recall it being a hit-or-miss based on my actions or lack thereof.  If I didn’t take the time to engage in conversation, if I were robotic in passing out my cards, and if I didn’t take the time to make my follow-up calls, all my time was a waste of time.  Always the hard way, I learned and understood the value of connecting.  Being proactive yet realistic is also key, meaning not to expect a client in each person but to safely assume all new meets could be potential clients.  Now that I could do. Like dominoes, each person is a potential connection… the rewards of Networking. 

 I left the world of recruiting for the life of Home Mortgage Loan and Real Estate industry. Quite frankly, I do not see any differences—in fact, I see similarities… assisting consumers, customer service, referral, rapport building, and back to networking, networking and networking. My forte I assumed. But I felt that I was missing something during this volatile mortgage and real estate market. I heard about the crave of networking sites, such as LinkedIn, Myspace, Facebook, etc. My former recruiter colleagues would share that this is the new way of recruiting and networking… so I signed up and thought I knew all about it. I got disappointed because I wasn’t getting any responses. I thought to myself, “Whats the big deal?” This may work in recruiting/staffing, but not in the Home Mortgage Loan and Real Estate industry…. So I let my nice sites go untapped… Until. 

One evening I was relaxing and received a call from my business partner who was raving about this book on Social Networking. He was excited about some of the tips. Well he got me all excited that I went to purchase the book.  I’m sure I don’t need to tell you that remaining afloat with the latest innovative technology is always a challenge.  And then I read this book that left me inspired:  The Truth About Profiting From Social Networking by Patrice-Anne Rutledge. The moment I read the synopsis, I knew this is going to be the way we do things in the 21st century and it is applicable to the Home Mortgage Loan and Real Estate industry.  Amazingly, it is not that different from networking in the 90’s.  The added touch is utilizing the network; a simple concept that could open the doors to endless possibilities in networking.  Most definitely the way to go.

 Has anyone ever felt the same or thought they knew everything about Social Networking?

June 10, 2008

We Believe In Progress….

Filed under: Uncategorized — myeloanprocessor @ 3:51 pm

    Welcome to MyEloanProcessor.com   All of our processors have at least 3-5 years of experience.   We handle both residential and commercial loans.  We utilize technology to process our loans by maintaining them in our Customer Relationship Management system .   Our system keeps you  informed by phone, email, text message and fax on status of your loans.   We keep you posted on Rate Expirations. 

    Our unique loan packaging consolidates all documents into one single pdf.  Each document is stamped with document name and broker name.  This makes it easier for lenders to handle your loan packages.   

    Bottom line our method of processing, we aim to keep our customers happy, our processors happy, your lenders happy, your realtors happy, and your borrowers happy.  No Dropping The Ball !!! Now that’s how we’re making progress…

 MyEloanProcessor Team

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