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Loan Officer Planning Guide Flipbook PDF

Loan Officer Planning Guide


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2019 LOAN OFFICER PLANNING GUIDE Your guide to reflect on 2018 and project a successful and unstoppable 2019

LOOKING BACK

LOOKING FORWARD

Start down your path to building a successful business by thinking about all the homebuyers you helped in the last six months.

Visualize where you want to be at year-end 2019. Set “stretch” goals that will motivate you to reach beyond your current productivity.

My business achievements: The last six months

My 2019 business goals: The next six months

A. Number of Closed Loans

G. My Income Goal for Next Year

$

H. My Average Commission per Transaction Last Year (D÷A)

$

B. Total Loan Volume

$

C. Average Loan Amount (B÷A)

$

D. Total Commission

$

E. Total Listings F. Closed Sales that were listings

I. Number of Loans Needed to Reach this Year’s Income Goal (G÷H) J. Percentage of Closed Sales that were Listings Last Year (F÷A) x 100 K. Number of Listings Needed this Year to Reach Your Goal (apply percentage in J to I) L. Number of Buyers Closings Needed this Year to Reach Your Goal (I - K)

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LOOKING BACK Referrals & Communication Channels

As you look back on 2018, did you see a trend of significant closings from a particular referral source? _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______

Real Estate Agent Title Agent Builder Financial Planner Estate Planner Attorney Repeat Customer Relocation FSBO Flyer/Mailer Doorhanger Open House Networking or Community Group

_______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______

Event or Seminar Cold Call Warm Call Door Knocking Social Media Online Review Website Zillow Online Advertising Pring Advertising Email Campaign Other

If you didn’t reach your goal last year, what prevented you from doing so?

What will you do this year to counteract that?

What specific activity (or activities) had the most positive impact on your 2018 production?

What is your “Why?”

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LOOKING FORWARD Target Markets

After taking a look at last year’s closings, were there any patterns that suggest natural target markets for 2019?

Select markets you plan to communicate with this year. _______ _______ _______ _______ _______ _______ _______ _______

Renter to First-Time Homebuyer Move-Up Buyers Multi-Property Investors Retirees Empty Nesters Past Clients Real Estate Agents Home Builders

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_______ _______ _______ _______ _______ _______ _______ _______

Referral Network Out-of-Area Agents Relocation Companies Financial Planner Other ______________ Other ______________ Other ______________ Other ______________

LOOKING FORWARD Setting Yourself Up For Success In the columns below, place an “X” under Weekly, Monthly, and Quarterly on the various rows to set goals to build your sales and marketing efforts throughout the year. L E A D G EN E RATIO N Weekly

Monthly

Quarterly

_________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________

Personal Notes Cold Calls Warm Calls Call Past Clients In Person Meeting with Business Partners Open Houses

BR AN D D EV ELO P ME N T Weekly

Monthly

Quarterly

_________ _________ _________ _________ _________ _________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________ _________ _________ _________ _________ _________

Update Online Profiles Social Media Email Marketing Direct Mail Doorhanger Print Advertising Web Advertising Radio Advertising Host Seminars Videos Joint Marketing

BU S I N E SS B UIL DIN G Weekly

Monthly

Quarterly

_________ _________ _________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________ _________ _________

_________ _________ _________ _________ _________ _________ _________ _________

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Team/Office Meetings Manager One-on-One Meetings Community Events Community Volunteering Attend Training Seminars Read Industry Articles Attend Industry Organization Meetings Practice Elevator Pitch

YOUR STRATEGY Opportunity belongs to those who are prepared to go after it. Get started by crafting an actionable business building plan.

My Business Building - The Next Six Months BUSINESS PARTNERS List 3-5 key items to include in your value statement (consider audience needs)

List 2-3 ways you are going to find and meet new sources of business

List 3 things you are going to do this week to get started

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BORROWERS

NOTES

We are committed to your success. Rely on Citywide to help leverage your opportunities for growth in today’s market. Our experienced, dedicated, and resourceful team is ready to work with you and your business goals.

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