Mortgage Market Guide Review
Mortgage Market Guide / Mortgage Success Source www.mortgagemarketguide.com
You won't go wrong with Mortgage Market Guide and Barry Habib.
As a new loan officer marketing for clients, I became a subscriber to MMG (Mortgage Market Guide). I later became a certified mortgage planning specialist (CMPS) after learning about the training through an MMG conference call. (Another MMG call introduced me to Edward Jamison / CreditCRM). I can easily say I learned more from the wealth of resources on MMG than I did at my first job in a broker's office.
For instance, I still run into people that have been in the mortgage business for years that follow the treasury note to determine where rates are going. Well, with MMG you'll learn that sometimes the note follows long term mortgage rates, sometimes it moves at different speeds away from or with the direction rates are taking, and sometimes it flies like a rocket the opposite direction that rates are taking. That's not a great way to watch out for your business or your client's best interests. But it is a good demonstration of why you need to look at the resources that are available to you or referred to you by friends or colleagues, or sites like Mortgage Planner Tools. Conventional wisdom is sometimes lacking.
There is an excellent article on the relationship between the treasury note/bond and the correct bond to follow on the site. It would be nice if the media would get this right as they often talk about following the the treasury note. But that's the media, they don't get paid to be right, just to worry people, but I won't go into that here. Notice i mentioned above "long term mortgage rates". Learning the difference between what affects long and short term rates is part of the education you'll get with the resources available at MMG.
Some of the best mortgage professionals and marketers in the business are directly involved with, or contribute to, MMG's resources which have been pulled together in one location for your benefit. There is a wealth of great information and training on the MMG website. They also have links to partner's programs and services, which are top notch. The recorded conference calls are always good, and some are just flat out gold. And these guys get involved in what they bring to you. For instance, when they decided to bring their members a program on negotiating skills, they partnered with a well known top negotiation expert, and some of their own people went through the course first. One of the senior management people told me how it had improved their own skills in negotiating. They don't just call someone up and order a canned course to sell like some other companies will. MMG gets involved and digs in make sure it will provide you with real value.
Of course, if you don't try MMG out, that's up to you. If you want to compete with thousands of well educated, and often better informed competitors you are welcome to do that. If you want to compete and win you need the tools and education to do that with. The market constantly changes, and you can adjust with it and learn about new strategies, or you can keep doing the same thing day in and day out and hope you are still in business next year.
As part of your MMG membership (very reasonable pricing), you receive additional outside resources including a newsletter from Kiplinger's which is very timely and brings you information you generally don't hear about that can affect your business and your success. For instance, the one I just received talks about the potential increased taxes on businesses and high earners. Good stuff (the information, not the tax hikes). MMG also offers some very well done weekly and monthly newsletters you can send to your clients along with other marketing programs like websites, etc. But the education, market knowledge, and ongoing communications from them are the real meat of their excellent services as far as I'm concerned.
MMG sends out mini video updates on marketing every week which are very good. They also alert you when something big is brewing and you need to know about it. They set you up to receive market alerts when there are rate moves or indications that suggest a need to lock or float. You get can get them sent to your email, your cell phone, and as a text message. They give you a reason for the market move at the same time by (by email or phone call broadcast) so you can explain to your client why you may need to make a choice right now.
The rate alert service alone could save you enough money on one deal to pay for your entire membership. It's happened to some of your competition. I would find it hard to believe that you were able to save as much as they have with the rate alert service on those same days unless you were hovering over your computer watching the right indicators. And if you were, they were getting work done or bringing in new business while you had your eyes glued to your monitor. This is about leveraging your time and money wisely and getting a return on them.
The Chairman at MMG / MSS is Barry Habib. Many of you may have seen Barry on MSNBC when they bring him on as the man in the know on what's going on in the mortgage business. Or you may have seen Barry in a mortgage event as he speaks often and all around the country. I've seen Barry speak several times now at events. Yes, they sell memberships at the events. He's a smart business man and markets well. But he also gives you a ton of value at the events whether you are going to join or not. Barry talks about fiscal literacy and the importance of our responsibility to our client. He shows you how to generate new business and do it in a way that benefits your client. He leaves a room energized and motivated. And he gives you tips and often tools you can use to go out today and start generating more business. I've seen him stay after and wait for a long line of people to come up and say hi and ask him a question, and he very politely and professionally smiles, gets personal with them, and answers the question he may have answered for 5 people before them. Those are things I look for in the people I recommend.
Barry is joined by staff members such as Sue Woodard, who is a great marketer in her own right. There are tools on the site Sue has developed over the years that you can learn a lot from. I watched her speak and she is great at what she does and can teach you a lot. Also on staff is Greg Frost. Greg spent years developing different marketing and branding strategies and is also a very entertaining speaker. Watching Greg Frost is like watching an old master pass on his knowledge to his students. He is very personable and has his own style. Through MSS, Todd Duncan is also on staff bringing another spin to what MMG / MSS has to offer. You may have heard about Todd's High Trust seminars. Jim McMahan is also on staff. Jim has been an originator for over 20 years and does excellent teaching on the history of the economy and the Fed. Jim is an ARM expert and is really one of those guys who could forget more than we know and still be the most knowledgeable guy in the room on his topics. There was a lot of his material in a home study course I took from CMPS. I'd like to meet him some day just to thank him for what I've learned from listening to him.
I believe that no matter how long you have been in the business, or no matter what level you are at in your career, you owe it to yourself to get the 30 trial at MortgageMarketGuide.com and look at what you could gain from it.
Visit Mortgage Market Guide right now while you're thinking about how it could help you.
Tell them your friends at MortgagePlannerTools.com recommended them.
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