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Loan Officer Freedom

Keeping Score Makes All The Difference

Loan Officer Freedom

Carl White

Mortgagemarketinganimals, Business, Loanofficer, Getmoreloans, Freedom, Mortgage, Loanofficercoaching, Carlwhite, Education, How To

5743 Ratings

🗓️ 20 November 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.

In this episode, your hosts, Carl White and Kristin Simpson discuss the four essential things you should measure to up your game and achieve more closings.

Key Takeaways:

  • Why keeping score is crucial for your business growth.
  • The four metrics that matter: Leads Received, Loans Closed, Hours Worked, and Money Saved.
  • How to identify bottlenecks in your process and improve efficiency.
  • The significance of focusing on controllable factors in a fluctuating market.

Whether you're a seasoned loan officer or just starting out, this episode provides valuable insights on how to manage your activities effectively and make informed decisions that lead to greater profitability.

Don't forget to visit getmoreloans.com for more resources and to connect with Kristin for personalized guidance!

Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.

Transcript

Click on a timestamp to play from that location

0:00.0

Yeah, but you know, it's kind of like golf. Do you play golf by chance?

0:10.6

I mean, I pay, not as much as I would like to. So I probably play a very bad round of golf at this point. But yes.

0:17.2

I'm a, I'm a major putt putt player, but that's the, uh, that they stand. So, uh, talking

0:23.3

today with my, uh, one of my partners over here, uh, Kristen Simpson. And, uh, Kristen, what we're

0:29.9

talking about today, um, before we hit the record button is how important it is to keep score onto how well you're doing.

0:40.3

And you know, I think, and we're going to talk about, we're going to give you the four things to measure.

0:46.3

Like there's not 133 different things, well, there are 133 different things to measure, but it really boils down to the four. And if you do these four

0:55.7

or when you do these four, you will absolutely possibly up your game resulting in. My experience

1:02.6

has been, you know, more closings. I think, you know, the thing about tracking, Kristen,

1:09.6

is, you know, it's not the sexiest thing you know it's

1:13.5

a you know it's a spreadsheet and gee I'd rather be at the Realtors Association or I'd rather be

1:19.8

working on this AI bot which is all good stuff right I'd rather be doing you know the kind of the

1:25.6

fun and the sexy stuff and the prospecting stuff

1:28.3

and do i do i really need to measure and kind of keep score do i really need to do the tracking

1:33.6

of leads and how things are coming is is it really that important to do it in the first place

1:40.4

oh heck yes i agree with you nobody wants to be a slave to spreadsheets, but the reality is, and I think you might have said this, I heard it from either you or Steve, but I'll give you credit since we're on a podcast.

1:50.5

On my podcast, we give me credit.

1:53.2

I was just going to say, you can't manage what you don't measure.

1:57.8

Yeah, that was probably Steve, actually. We won't tell him that, but that was probably Steve.

2:03.3

But it's so...

2:04.6

It is. It's so true. Or, you know, and this goes, I've heard this.

2:09.2

I don't know who originally came up with this, but what isn't measured isn't improved.

...

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