Ancillary services are a great way to truly capitalize on all aspects of the transaction. In order for a transaction to take place, there are many service providers that must pitch in: Mortgage Broker, Home Inspector, Title Company, Pest Inspector, etc.

If the broker has an ownership interest in one ot these companies, there is a greater chance for profitability.

Example: If the broker has a lender on staff, he will be able to create additional income from providing loans.

Good luck,

I have been considering offering newsletters. They are cheaper in bulk, and if they have all of the same info except the agent name I can still get the bulk discount with a flat $150 change fee per newsletter. If I have 5 agents sending out 1,000 each I could charge them 75 cents each including postage and mailing. Regular price would normally be 88 cents each for 1,000. With 4 $150 change fees and the bulk rate of 42 cents each it would cost me about $2,700 and I could charge $3,700. It would save my agents money and I could make about $1,000 per month for every 5 agents that participated. I still have a lot of things to iron out, but it's an idea I've been tossing around. Right now I provide websites for $30 per month (that's the regular price), and I get a discount of $25 per month. As I add more agents it could go down to $20 per month for my costs.

I've thought about something similar for my Loan Officers where I offered turn-key marketing campaigns as well as Customer Retention campaigns for a slight mark-up.

However, it would be as easy for them as filing the names/addresses into a database and writing a check.

The IDX feed is free from your board. At least that is my experience with the board I am a member of.

Hi,

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thanks for the spam! i will print this out and file it with all of the other spam that i find.

I don't think anyone mentioned the idea of a referral service for the trades. We all have our book of business cards that have painters, handymen, electricians, HVAC Contractors, etc. What I am working on putting together is a package deal of ancillary services to boost curb appeal and/or make necessary repairs to put a home on the market, finalize inspection lists, etc. I know some great people that work these trades that would gladly entertain either a referral fee or monthly subscription to keep gainfully employed.....

Building relationships with other professions is always a source of revenue. The bigger your network the larger your referral income. If you're in a sorority or fraternity that should be a referral source. If you possess multiple licenses then you'll have multiple sources of income.

Tanya
You might wish to explore and consider some of the following matters we offer our clients, on either a billable hour or flat fee basis, plus disbursements and utilizing the services of retained experts where advisable.

Investment Analysis - Feasibility Studies - Risk Assessment - Estate Planning - Compliance Audits - Liability Assessment - Litigation Support

Important Notice: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information .

creating a website where consumers in your farm area can post services, goods, even FSBOs for free can drive business to your website via your link as the sponsor of the site.

Join Active Rain ...it has over 75,000 members in just a couple years...awesome source for info and really helps with SEO too.

Check out Mortgage Payoff Source , it will give you access to a website that promotes a mortgage accecleration program that is currently helping Americans get out of debt fast.

Imagine giving your clients an option to:

Payoff their mortgage within 6-12 years

They will not have to spend a peeny extra then what they are currently doing

They will gain $10,000-20,000 equity each year and will allow them to upgrade homes more often

This program raises credit scores do to their debt to income ratio changing

You will have people calling you all day long just to find out what you are talking about....imagine the leads!

Realtors have a great opportunity to make extra income while helping others

This person is spamming the boards. Here is the response I posted elsewhere:

There are several versions of "mortgage reduction" schemes out there but they follow these basic principles:

* Sold through a multi-level (o.k. - network marketing) structure

* Promise that they have magic software or a program that will pay your mortgage off fast

* Some have you take out a home equity loan on your house

* Each costs a small fortune: $3500, $3000 and even $9500

* What they really do is have you channel every dime above your base expenses into your mortgage

The primary reason I am so hostile to these "programs" is that their adherents convince folks that there is a short-cut to reducing their mortgage. They promote all kinds of gimmicks: bi-monthly payments, interest leveraging, etc. But, every one comes down to this simple point: The only way you can pay your mortgage off early is by paying more.

These folks will obscure that fact behind all kinds of rhetoric but that is the brutal, honest truth.

People get burned when they take shortcuts. This is but a silly, deceptive shortcut.

Remember a basic, human truth: "Their ain't no such thing as a free lunch."