The mortgage industry is becoming increasingly competitive. To thrive, your mortgage company needs more than just quality services. You need to build customer trust and expand your reach on the Internet.
Here are four things you can do to stand out in the sea of mortgage businesses:
Leverage Social Media
Social media platforms, such as Facebook, Instagram, and LinkedIn, allow you to interact with your audience directly. Here are some tips to get you started:
- Share informative posts to build credibility.
- Share industry updates to reach a wider audience.
- For mortgage-related infographics and visual posts, use Instagram.
- Reach out to industry experts on LinkedIn.
- Share client stories and testimonials.
- Hop onto current trends to stay relevant.
- Create content specifically curated for your audience.
- Hold live Q&A sessions for increased interaction.
- Create a strong social media strategy to respond to queries promptly.
- Use automation technology to handle common questions and save time.
When it comes to social media marketing, consistency is the key. Focus on building a community of like-minded individuals who will then become borrowers.
Use Mortgage Mailing Lists
Despite advanced marketing techniques, reaching out to potential homebuyers in a specific geographical area can be difficult. This is where mortgage mailing lists come in. These are highly curated and contain a pool of individuals who are most likely to become clients. FHA mortgage mailing lists are an excellent resource for businesses specializing in the loans insured by the Federal Housing Administration (FHA).
Mailing lists include pre-qualified individuals with good credit scores and a stable income. As a result, you can avoid sending mail to irrelevant contacts. This will save you time and money. Since these individuals have shown a strong intent to borrow, your sales efforts are more likely to be successful.
Strengthen Your Online Presence
Building a strong online presence can attract potential clients. Start by optimizing your website. Create a user-friendly interface for increased engagement. Make sure your business’s contact information and other statistics are easily accessible.
Mobile responsiveness is another important feature to incorporate. The layout and navigational features should be suitable for multiple screen sizes. Showcase customer reviews to build credibility. You can also utilize Search Engine Optimization (SEO) practices to attract a wider audience. Optimize your content, insert backlinks, and use local keywords to boost your online presence.
Leverage Social Proof to Build Trust
Did you know social proof has a greater impact on consumer behavior than advertising? Social proof is a psychological phenomenon where people tend to follow the actions of others when they’re uncertain about a decision. Research shows that nearly 90% of consumers read product reviews before making a purchase. A similar scenario can be conceived when choosing mortgage services.
Ask your previous clients for testimonials and showcase them on your social media profiles. In addition to the traditional written review, focus on getting video testimonials. This will create a relationship of trust and help clients feel confident in choosing your mortgage company.