What's the best way to generate referall business when you're just starting your loan pipeline?

Referall business means you want your clients to refer you. This is not the same thing as advertising.

What you can do, however, is offer your clients a $50 home depot gift card for each successful referral (be specific that its paid at time of successful closing.) This way they get incentive to refer you to friends, and you get more clients. YOu'll make more than $50 on the sales anyways, and if they just bought a home, they can certainly use some cash at Home depot!

Referal is something which can help you in the begining... But as you said as you are just starting your pipeline i would suggest you to invest some money in marketing and close loans quickly.....

Buying leads from telemarketing companies is the best option these days as those leads are exclusive, fresh and are delivered only to one officer at time.

We are a telemarketing company and generate Refinancing leads from all 50 states. The best part of our leads are they are sent to you the same day they are generated. Our leads guarantee you the closing ratio of 10% - 33% depending on the convincing power of a loan officer.

It cost approximately $42.5 to $58 per lead depending on the criterias.

For further information contact

Impressive Leads

+91 9873013383

info@impressiveleads.com

http://www.impressiveleads.com/

Get a web site and advertise on sites lik

http://www.realtylinkdirectory.com/

or

http://www.dollarbackrealty.com/

You can advertise for free.

And if you like the site you can add a link back and get yourself a Featured Link so you get more referrals.

Win win situation for you and them