Using AI To Get Referrals From Referral Partners
Loan Officer Freedom
Carl White
4.9 • 753 Ratings
🗓️ 3 November 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.
In this episode, your host,Carl White is joined by Chris Johnstone, an expert in AI mortgage technology.
They discuss the advancements in AI and how it can be applied to referral partner marketing.
From using AI to search the internet in real-time to automating outreach and follow-up with referral partners, Carl and Chris explore the ways in which AI can revolutionize the mortgage industry.
Tune in to discover how AI-powered loan officers can gain a competitive edge and increase their business.
Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.
Transcript
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| 0:00.0 | Hey, gang, Carl White here broadcasting here in the communications room in the secret headquarters |
| 0:12.7 | of the mortgage marketing animals. You're listening to Loan Officer Freedom, your spotlight |
| 0:18.3 | of awesomeness for everything AI mortgage related. I've got the pilot in command |
| 0:24.5 | here today, Mr. Chris Johnstone again, dude, this AI stuff is on fire. It is unbelievable. |
| 0:33.5 | How fast it's moving. It is. And all the good, you know, when I first started this, looking at this AI, I thought, all right, he's going to help me, help me write emails. Whoopty, freaking do. And come to find out. And that's nothing wrong with that, right? Nothing wrong with that. But come to find out, that was just scratching the surface. So what are we going to talk about here today, Mr. AI mortgage himself? |
| 0:56.0 | Well, certainly there has been some advancements in AI since we last talk. |
| 1:00.0 | So we'll touch on that very briefly, but I think that we should take everything and frame |
| 1:05.0 | it around referral partner marketing because that is where I'm seeing members of the Freedom Club and members of MMA that are still |
| 1:13.9 | continuing to grow and keep their volumes up. That's where the deals are coming from. So let's take |
| 1:18.9 | AI and apply it to referral partner marketing. Yes, that sounds good. By the way, did you see, I think |
| 1:23.8 | it was, and this is off the top of my head. So that's my little asterisk for, |
| 1:27.6 | for the attorneys. But I think it was, I know the number, but I think the, I think it was over |
| 1:33.2 | the last five months, and it might have been six, but I think it was five. The last five or six |
| 1:38.3 | months that, uh, uh, of the, the members that we track, the average one, uh, in the one in the Freedom Club had increased their business, |
| 1:47.4 | 22.9%. Now, you might think, hey, 22.9% like whatever. Number one, Apple computer would love to see |
| 1:55.8 | 22.9% growth in their business. Number two, I think the average loan officer, I saw some numbers, |
| 2:01.8 | I think it was like down 40 percent. Yeah. Yeah. So would you rather be down 40 or up 22.9? So |
| 2:09.8 | really good stuff. Anyway, so let's talk about AI and referral partners. How do I do it? What's going on? |
| 2:16.9 | So I think the first thing that's important to understand is that chat GPT can now search the |
| 2:23.6 | internet in real time. There's still a ton of people. So you and I have released it. Wait, what? |
| 2:29.6 | I thought chat. I thought chat GPT cut off at like 2021 or something like that. No. So they have now come out and like your base chat GPT, you can now search Bing in real time. |
| 2:42.0 | So you can ask it a question. It will go on to the internet, visit all of the websites, pull in all of the data and then give you back what you're looking for based on real time data from the internet. |
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