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Individual
coaching for a loan officer is a special benefit usually reserved
for a very small percentage of loan officers. Its benefits are often
overlooked by the mortgage industry.
Many loan officers with incredible potential never realize the levels
of success to which they aspire. Many others want to go from point
A to point B but don't know how to get there. In both of these instances,
the loan officer probably has never had a qualified coach.
Why Coaching is Important?
Think of pro golfers and pro tennis players who are at the top of
their games. There are very few, if any, who have risen to great heights
without the consistent help and support of a coach.
Tiger Woods is perhaps the greatest example of how a coach can assist
even the absolute best achieve greater heights. Butch Harmon often
travels with Tiger to tournaments and can often be seen watching Tiger's
swing on the driving range, looking for even the smallest flaw. Tiger
wants to remain the best, and by having his coach constantly monitor
his game, he can be assured that he will experience very few long
slumps that often plague professional golfers.
How a Coach Can Help a Loan Officer?
A good coach can bring balance, business vision and a business plan
into a loan officer's life. Once a loan officer has clarity of purpose,
a solid life strategy, and a plan, there are no limits to the production
growth they can experience. A coach can also be an accountability
partner, assisting the loan officer in implementing new growth ideas
and strategies in a timely fashion.
Lots of loan officers have good ideas that never get implemented.
A coach helps guarantee that what gets decided upon gets done.
Why Tom is a Top Notch Coach?
He was a high volume loan officer for 25 years. He's been where you've
been. He's been where you are going.
He stays abreast of what the very best loan officers in the U.S. are
doing to improve their businesses by being one of only 30 people who
attend Todd Duncan's Master's Coach conferences quarterly. Tom is
a
charter member of this elite group made up of approximately 24 high
producing (several originated $200
million in 2001) loan officers and 6 manager/owners.
He has been coached himself by both Daniel Harkavy, president of Building
Champions, an organization that coaches many of the top originators
in the country, and Todd Duncan of the Duncan Group. They are the
two finest coaches/trainers of loan officers in the nation.
His business purpose is to "help loan officers achieve whatever
level of success they aspire to in the mortgage business."
New loan officers are required to attend a weekly meeting of their
peers (loan officers with less than 1 years experience). Topics of
discussion include what the loan officers did last week, what results
they achieved last week and what they expect to do this week. Tom has
found this to be an invaluable learning and coaching experience for
new loan officers.
His coaching plan for an experienced loan officer can be customized to the needs
and desires of the individual loan officer. Meetings can be as often
as weekly or as infrequent as monthly. Set appointments assure that
meetings are done on a regularly scheduled basis.
Depending on the particular needs or wants of the loan officer, the
meetings may include a production
review, a marketing review, a goal review, suggestions for greater
personal effectiveness, and a review of life balance.
Very few organizations have someone as qualified or as dedicated as
Tom to serve as a coach/accountability partner to help move a loan
officer swiftly and surely from where they are to where they want
to be. |
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