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How is business on the other side?
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andres2bz



Joined: 19 May 2006
Posts: 33
Location: NE

Posted: Sat May 20, 2006 7:55 pm    Post subject: How is business on the other side?  

How is business on the other side?

I’m very curios to how everybody is making out so far ''06

do you guys have increase in loans or decrease

as for my company we’re 3 yrs old Ive only been with this company Ive been in the business 7 mo. the average for last yr per mo. was 35 closings since January we had 24 and we been going less per mo. last mo. we only closed 14. And right know we are only at 15 for the mo.

as for the telemarketing were getting better the previous manager was only producing 15 lead average per week... ive been producing closer to 45 leads per week....

so can anybody relate? or are you guys doing better than never? how is your company doing?
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zsouth



Joined: 09 Jan 2006
Posts: 18

Posted: Mon May 22, 2006 6:38 pm    Post subject:  

We are generating around 200 qualified leads a week per 10 telemarketers. That is a lot lower than it was 4-6 months ago since rates have increased. These leads are also all over the country and not in a specific area.

Zach South
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andres2bz



Joined: 19 May 2006
Posts: 33
Location: NE

Posted: Mon May 22, 2006 10:35 pm    Post subject:  

200 leads!? a weak with 10 telemarketers..... wow that’s pretty impressive!! How many LOs do you have? and what is your hit ratio?
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Haplo



Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL

Posted: Mon May 22, 2006 11:37 pm    Post subject:  

Our branch does zero telemarketing and we have seen a significant increase over last year. 30% in both volume and units, as well as a much greater percent in purchase specific production. We have the same number of producing HMC's as we did last year as well.
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zsouth



Joined: 09 Jan 2006
Posts: 18

Posted: Tue May 23, 2006 5:22 pm    Post subject:  

Well we are kind of in a different business than you since we are a lead seller but we do have a small team of LO's which take live transfers during certain days of the week. Our ratio on live transfers is 20-25% but we do not work all of the leads we generate.

Zach South
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Greg Phillips



Joined: 13 Dec 2005
Posts: 123
Location: Chillicothe, Ohio

Posted: Wed May 24, 2006 2:24 pm    Post subject:  

Nice to see you Z.
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zsouth



Joined: 09 Jan 2006
Posts: 18

Posted: Wed May 24, 2006 5:00 pm    Post subject:  

You 2 Greg! :D

Zach
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mzamora9



Joined: 25 May 2006
Posts: 4
Location: San Diego

Posted: Thu May 25, 2006 9:22 pm    Post subject:  

Hey z south, I've been looking into live transfers myself and was wondering what company you use? I dont know which to try out. From your post, it seems that they work well. How many actually come in and how many people do you need to man the calls?

Thanks in advance for any help on the topic
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Haplo



Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL

Posted: Thu May 25, 2006 10:03 pm    Post subject:  

Welcome to the forums Mz :)

Would you mind modifying your signature so that it conforms to the signature thread in the 'loan talk' section?

Thanks!
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zsouth



Joined: 09 Jan 2006
Posts: 18

Posted: Tue May 30, 2006 2:25 am    Post subject:  

Hey Mz,

I actually work for a lead company and I do live transfers after we fill our customers orders. Its not a service we offer although we do help people set up their own rooms for live transfers. PM me if you want so more info.

If you are looking to do your own room you should expect 1 lead an hour per TM station. That will give you an idea of how many live transfers you can take and how many LO's you need in the room to take them. Hope this helps.

Zach South
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