Get ready to end 2006 strong and start 2007 with a big push.
We are a week away from Thanksgiving and it will slow down a bit but those last minute refis and purchases before the end of the year are still applying online. We generally see a fall off on the week of major holidays but the weeks after are generally really strong and we always have a big push before the end of the year.
If you are planning your new marketing budget for 2007 and are looking for a good low cost flow of Internet mortgage leads I recommend looking info our VIP Mortgage Lead Program. The first of it's kind created in 2003 the program has had much success and is currently providing mortgage leads to a elite list of mortgage companies. Elite in that the program can and will only service up to 100 users or locations at one time. Only allowing 2 office locations to buy into the program per state this service is delivering a massive ROI with quanity and quality.
The program is only $9500 per year - less than $800 a month. This program allows you to download unlimited mortgage leads for an entire year. So the return for most mortgage brokers has been the reason the program has a 87% renewal ratio.
Let's break it down if you pull down 20 leads a day for 260 business days that is over 5000 mortgage leads. Let's use 5000 mortgage leads. If you closed only 1% of these leads, which equals 50 deals, and earned $3000 in fees per deal then the revenue generated is $150,000.00.
Deducting expenses, time, energy and resources your return will still be massive.
This example has been done with the small closing ratio of 1% - think if it was 3% or even 6%.
Many branch managers have bought into this program to provide a good flow of leads to their employees or big power brokers and loan officers have paid for this program on their own.
The program is working and has been for almost 4 years. It will continue to grow. Call now about a possible slot in your state or get on the waiting list. You will be glad you did.
Leadbull.com VIP Program
Labels: Mortgage Leads, VIP Mortgage Leads