“More Referrals to and from Institutions in 2016”

“More Referrals to and from Institutions in 2016”

In 2015 nearly 15% of my mortgage practice are referrals from banks, credit unions, other lenders and friendly competitors. In 2016 I see that number continuing to grow.

 

Paul let me know that he closed the last referral that I sent him, it was a Realtor referral partner, as they were buying a three season beach property and it was a mortgage that I couldn’t do.

 

Joe,

 

Wanted to let you we closed the XXXXXXXXXX’s mortgage today. They are so excited and they think you walk on water. This is now the fourth transaction we closed this year that you referred. Our bank enjoys working with your company, as we each do business the other can’t do.

 

We look forward to sending much more business in 2016. As we previously discussed, I will make arrangements to have you come in to meet with all of our loan officers and the VP in charge of residential lending. Not sure I can arrange it, but it might be smart to include the underwriters, as we are located in one office.

 

I heard back from the folks I had referred last week, they are hopeful that you can get their mortgage done. I have already told them, if you can’t no one can.

 

Have a wonderful 2016 and lets send each other ever more referrals.

 

Paul XXXXX

 

I x’ed out the names to protect the innocent.

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 17 commentsJoe Petrowsky • December 28 2015 05:03AM

Comments

Thank you, Joe, for sharing some of the elements of your very successful referral programs.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 1 year ago

That's a great percentage Joe.....speaks volumes of your professionalism and the trust people have in you.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) over 1 year ago

With so many folks from Connecticut buying second homes in Florida it is surprising that we do not see referrals coming in.

Posted by Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County (One World Realty Inc.) over 1 year ago

More business your way from referrals...You're definitely doing everything right!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo & Home Sale Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) over 1 year ago

Good morning, Joe Petrowsky .... you have your business set up perfectly by not wasting any clients.... refer them and establish relationships with other institutions.... smart man.

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) over 1 year ago

Now that's another win win partnership that will continue to grow.  Love it.

Posted by Women of Westchester Working Together, Women helping Women get ahead (Women of Westchester Working Together) over 1 year ago

Good morning Joe. Great plan to continually grow your referral business. Enjoy your day

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) over 1 year ago

Joe - it sounds like a great referral question for your partners is to ask the banks, "What do you do with their turn down loans (loans that don't fit into their box).

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 1 year ago

Good morning Joe. You are a perfect example of there is enough to go around and it helps to be generous.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 1 year ago

"If you can't, no one can" - now that's a recommendation!

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, 914-419-0270, kat@thehousekat.com) over 1 year ago

Great to have banks & other lenders that will be your network always, Joe.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate) over 1 year ago

Joe Petrowsky Yes. I think you will get a lot more referrals from banks this coming year. It's in the cards, for sure.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 1 year ago

Referrals are the best compliment of all.  Good job!

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) over 1 year ago

Hi Joe -- impressive statistics from an impressive person.  Nicely done.

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) over 1 year ago

Joe you are a referral machine, and as a result you receive as well.  You are a great example of how referrals work.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 1 year ago

Joe,

Great stats, we are delighted for you and wish you many more.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding and Marketing (Napa Consultants) over 1 year ago

I am not surprised Joe, you have an excellent business model.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 1 year ago

Participate