Benefits:
While more training is involved, each deal wouldn’t take more than 20 to 30 min of additional phone time with each client.
Simple Sales process - completely scripted.
Residual payout per client acquired. Avg. client pays out is over 15 months.
35% of total fees (avg. deal = approx $3,800 in fees)
Example 1 (1 Loan Officer):
If 1 loan officer sells 1 client a week = 4 per month.
In 3 months, you would have 12 clients making their “down payments” from that 1 loan officer, which would equal $1,952.44/mo.
In 6 months, you would have 12 clients making their “down payments” & 12 clients making their “regular payments” from that 1 loan officer, which would equal $1,952.44/mo + $841.89 = $2,794.33.
In 12 months, you would have 12 clients making their “down payments” & 36 clients making their “regular payments”. This would equal $1,952.44/mo + $2,525.67 = $5,320/mo.
Example 2 (Broker Office with 10 Loan Officers):
With each Loan Officer selling 1 per week, that would be 40 per month.
In 3 months, you would have 120 clients making their “down payments” from these 10 loan officers, which would equal $19,524.40/mo.
In 6 months, you would have 120 clients making their “down payments” & 120 clients making their “regular payments” from these 10 loan officers, which would equal $19,524.40/mo + $8,418.90 = $27,943.30.
In 12 months, you would have 120 clients making their “down payments” & 360 clients making their “regular payments”. This would equal $19,524.40/mo + $25,256.70 = $44,781.10/mo.
