We had Scott Westlake back to the show to talk about networking and the direction he has taken his business.
Check Out Scott’s Last Interview:
123: How Scott Westlake Was Too Innovative To Work At The Bank
Timestamped Show Notes
(click the timestamp to jump directly to that point in the episode.)
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- [1:30] What were you doing before and what are you doing now?
- We were trying to build a team that did a 1,000,000,000 in volume. Over the last couple of years, we hit 700 – 800 Million.
- I went back to the drawing board and started to work more on the BDM part of the business.
- We have the same goal but to do it with as small of a team as possible.
- [2:55] What do you do on a daily basis?
- I do BDM from 9 am to 11 pm every day.
- [3:40] Give me an example of what you’re doing for business development?
- I work with large high-level real estate firms with on-going projects.
- [8:50] What is your company structure like now?
- We have 3 agents.
- Outsourcing documenting services with Docassist.
- In-house we have 1 underwriter and a fulfilment officer.
- [11:50] How has this year been going for you?
- Building referral sources and building brands make me the happiest.
- Volume wise it’s hard to monitor because I am sending business all over the place.
- [14:30] How do you network?
- You have to want to do it.
- I try to get involved with the community.
- [16:48] What’s your process like when you’re reaching out to a new contract?
- I start off trying to find out what I can help them with.
- Just like people monitoring their client I monitor my referral partners.
- [23:40] How do you put on a good event?
- Last year I hired an event planner.
- We also pride ourselves on knowing our clients. This helps a lot when it comes making a great customer experience.
- Every quarter we do an event with a luxury Realtor.
- [28:10] What’s your gifting program like?
- We try to send someone out to personally deliver the gift if it’s local.
- At the very minimum, we will send a card.
- [34:00] Track everything you do. Try new things, if you don’t you won’t be able to build a database.
- Getting a mentor will help build your business.
- [1:30] What were you doing before and what are you doing now?
References
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Host
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- Scott Peckford
- Scott Peckford
More Shows
See more notes and other episodes at the I Love Mortgage Brokering website. -
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