MonitorBase’s Post

Transcript

Database monitoring is better at generating repeat business than any other marketing strategy you've ever tried before. It's better because it's a fully automated system that affordably turns your existing customer database into high converting leads. If you have a list of contacts, leads, or customers, whether it's past clients, previously closed loans or realtor database or anyone else you have a name and address for, you are sitting on a gold mine. The problem is, you don't know how to mine. In other words, you don't have a way of knowing exactly who in your database is in the market for a home, and you don't have an automated system. We're reaching out and closing those deals, but we have a mining tool. It automatically monitors your database, tells you who is in the market for a home loan, and sends out mail and e-mail offers on your behalf so you can sit back and take applications from ready home buyers. And the great thing is you only pay when our tool brings you a gold nugget that's less than $3. Each time we alert you about a warm, qualified home buyer, we dig out of your database. So how does our database monitoring technology work? Monitor base syncs with your CRM database or spreadsheets and consistently monitors their credit activity. Then alert you. When someone applies for a mortgage with competitor, it proves the credit enough to meet your minimums, list their home for sell or rent, or is identified by our predictive algorithms as likely home buyer. And every time we alert you to a hot new lead, we also send out a firm offer of credit in the form of an e-mail and a direct mail piece. It's all sent in your name and customize with your brand name. Interactions and responses are tracked and forwarded directly to you. We have industry high open rates and response rates because we're constantly testing and have been for the last 15 years. And of course, we make sure everything is legal and compliant. And the math on this looks really good. Let's say you have 1200 people in your database. Each month, about 48 creditworthy customers will trigger an alert. Three to four of them will submit an application and you'll easily close at least one of those because they're already warmed up and meet your credit requirements. Which means for about $100 and very little effort, you can close an extra loan each month. So the question is, how many people do you have in your database and how many eggs are closed loans? About become, you can see why our customers are so excited about database monitoring. Here's what a few of them have to say. They do great work. I love the features they have and it's actually been a real good selling point to my agents. They love the fact that I can call them and say, hey, just so you know, I was our client. You know, they just have their credit pool. You may want to get in touch with them. You sold the house last year, then maybe thinking about buying another house. So I'm reaching out. You may want to do the same and they love that. So you're not using monitor base and getting the alerts that people are applying for mortgages and other places. It's definitely gonna step your game up and help you eliminate some of that competition. Be first to it. The software that you guys provide is outstanding and be able to take your past clients, see if they are moving anywhere or if they're looking for a new opportunity with a mortgage. It's allowed us to maintain our database and maintain our client relationships when they are possibly looking to do something with home lending, I do think almost every loan officer. And every mortgage broker would benefit from monitor base. When I first started my company in 2018, I was averaging about four or five loans a month. Goes $100 a month time. I signed up immediately. It was, you know, it paid for itself. I had a decent database, not huge. So anyone that has any kind of database, but even if you don't have a database, you can, you can farm neighborhoods, so you can literally put your neighborhood in there. You can pull property tax records. Like there's so many creative ways that you could do it for a new kind of marketing. We use it mostly for past clients, so. You know, I I hate to say there's one person that can't use it, but I think there's two two major ways you can use it and you can use it both ways. One, for past clients, you know, and your database. But two, if you're just starting out, there's also a lot of cool marketing ways you can use it too. And you know, there's been times that we've done both, so. The majority of people that are looking to grow their business, Good monitor base has saved at least two deals for me this year, maybe more on clients that I either forgot about or they've been shopping for like 6 months. And I got a notification that their credits and pulled and it gave me a reason to reach out to that particular client at two of them. One of the past client one was a friend of mine that I used to work for or work with a different company and they just forgot that I did loans and so me just calling I was able to get the business and probably earned. About $8000 in a Commission in two different Commission checks on $400,000 loans just because I got an e-mail and gave me the reason we call monitor. Base gives you an automated system that delivers a consistent stream of repeat customers. We identify the people in your database who are actually qualified and looking for a home so you don't waste time in marketing dollars on uninterested or unqualified prospects. Warm, qualified leads are delivered to your inbox so you'll know exactly who is looking for a home. Direct mail and e-mail offers are automatically sent out on your behalf. Eliminating the majority of your manual sales and marketing effort, you get inbound phone calls and emails from qualified, serious home buyers without an expensive advertising budget, and all you do is point our technology at your database, then pay 1 to $3.00 every time we bring you another hot lead. There's really nothing to lose. There are no long term contracts and you only pay for what you use. Sign up today and we'll start mining your database for you.