Thursday, February 18, 2010

The numbers game

So we have officially been in business (on our own) for about 17 days! From what we have learned from our previous company and especially now that our website registration and approval process is improving is that every morning we wake up to several new opportunities. Whether a client has simply filled out a registration or a full pre-approval we do know that most clients these days do not qualify for a home purchase. It is the 5-10% that do that we wait for and eventually close.
But what do we do with the other 90-95%? That was the topic of conversation in our living room last night.
Every day we are turning away 6-7 potential clients because they don't fit the mold. Whether it is a credit glitch, income issue, divorce, bankruptcy, foreclosure, etc the underlying point is that every one of these people would like to own a home. So why not help them? Today starts a new division of Campaign 82 where we help people correct their situation and eventually get into the home they deserve. I have spent a lifetime reviewing credit and know the ropes for sure. After all, I was denied my first home purchase because my own credit at 23 years old was terrible! Because I was in the business I spent the next 10 months cleaning it up so that I could purchase my 1st home at 24 years old via FHA financing. I was soooo proud! What about those that do not know how, don't know where to start? That is my commitment.

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