Our TechRev Update will be dedicated to providing you with practical tips and actionable information in the ever changing mortgage space. Think of it as your guide and update to the Digital Lending revolution
InSellerate sat down and discussed the some of the principle points surrounding the emergence of Digital Lending with the MBA.
Using old technology will drive away prospective customers. Today’s consumers are technologically savvy and demand a digital mortgage experience. Increasingly, they expect faster response times, engaging connection and a streamlined process from their mortgage companies. Although these demands are forcing new technological innovations, many mortgage companies are still far behind in meeting these needs.
See how consumer engagement by mortgage companies has evolved over the past three years.
For three consecutive years, Insellerate conducted a research study to identify the speed to contact of companies attending the MBA. Now we've decided to combine the results of all studies to provide unique insight into the mortgage industry.
For the third consecutive year, Insellerate conducted a research study to identify the speed to contact of companies attending the MBA. First to contact is one of the functions of the InSellerate Automated Lead Acceleration Technology that enables clients to sell more, and sell more efficiently.
Marrying the power of the industry’s leading retail marketing and sales automation platform with the most advanced direct
lending sales automation solution, Vantage Production and InSellerate have partnered to create the first technology
solution that empowers lenders to excel in both critically important lending channels.
In today’s regulatory environment, technology can help improve compliance help protect your company against potential legal action. New Technology Eases Compliance and Regulatory Concerns, written by Josh Friend, CEO of Insellerate, provides insights and ideas on how to manage and mitigate your risk of exposure. Insellerate is an automated inquiry, sales and customer communication technology that can increase accuracy, especially in customer communications.
“We tested the InSellerate technology at one branch location and increased our conversion rate from 7.7% to 10.25% in just nine months. That’s a 33% increase without investing any more in advertising or the sales team. We’d call that a success.”
Jim Lind, President
Peoples Bank, Mortgage Division
InSellerate conducted a research study to identify the speed to contact of MBA 2015 attending companies. First to contact is one of functions of the InSellerate Automated Lead Acceleration Technology that enables clients to sell more, and sell more efficiently.
For the second consecutive year, InSellerate conducted a research study to identify the speed to contact of LeadsCon NY attending companies. First to contact is one of functions of the InSellerate Automated Lead Accelleration Technology that enables clients to sell more, and sell more efficiently.
There’s no argument the internet, tablet devices and smartphones have changed, and will continue to change, the way consumer buy goods and services. During the 2013 holiday shopping season, US retailers experienced half the foot traffic they did just three years ago, according to ShopperTrak. This trend is not reflective of a decrease in overall holiday spending; instead it indicates a dramatic shift in the way people buy products. This same trend is now accelerating the way consumers buy services, such as mortgages and insurance.
In the digital age companies have had to make significant changes to keep up with how customers want to do business. Many businesses are now looking to CRMs (Customer Relationship Management Systems) to bridge this gap. Yet, as we all place more and more of our customer’s information into these online systems how secure are our customers’ private data?