Loan Officer Training: What Do You Think?

I have a fun test for you. This test will give youabout what to do in today's market
an idea of your ability to think through situations.condition.Many originators look at their options, and
Believe it or not, no matter how fun it is tothey find 1 or 2 recommended solutions that may
answer these questions, this exercise is stillor may not work as advertised. What happens
relevant to generating realtor business. Are youwhen the marketing approach doesn't bring in the
ready for this? Here we go:Question #1 - Theredesired results? They give up! Why resign
are 6 eggs in a basket. 6 people each take 1 egg.yourself to mediocre results or to a less than
How can it be that 1 egg is left in thefulfilling career when there are so many solutions
basket?Question #2 - Acting on an anonymousstill out there?By using our own brainpower and
phone call, police raid a house to arrest athe mountain of information available to us, there
suspected murderer. They don't know what heare simple solutions available at our finger-tips just
looks like, but they do know that his name iswaiting for us to implement. The problem is that a
John. Inside, they find a carpenter, a cab driver, afine balance needs to be struck between creative
mechanic and fireman playing cards. Withoutlateral thinking while adhering to sound and proven
asking his name, they arrest the fireman on thebusiness truths.Try approaching your challenges
spot. How did they know they had theirfrom a different angle. Apply critical and lateral
man?Question #3 - A man escaped from prisonthinking to the hurdles that you face to find
and is making his way home on foot. Aftersolutions where previously there seemed to be
walking about 2 miles from the prison on a ruralnone.As long as originators continue to implement
country road, he notices a police car comingthe same strategies and approaches that
towards him. Despite knowing that all squads willeveryone else is using, they will continue to get
be looking for him, he ran towards the car. Onlythe same results they always have. It's amazing
when he was about 10 feet away did he turn andwhat a little brain power and creative thinking can
run into the woods. Why did he run towards theaccomplish. Take a look at the answers to the
police car?You will find the answers to thesequestions above to find out what the answers
questions at the end of this article. So what is thewere.I think you'll be amazed at how simple the
point of presenting you with these questions? Thesolutions were. Yet due to our own limited view
above scenarios were designed to test anof situations and the world around us, many times
individual's lateral thinking ability. What exactly iswe create our own mental prison. Free the
lateral thinking?Lateral thinking is approaching acreativity within yourself, and apply these
problem from diverse angles instead of focusingprincipals to some of your most pressing
on one approach at length. All of the abovechallenges. I think you just may surprise
questions had relatively simple answers to them,yourself.Answers Key:#1 - The last person to
but when presented in the context that theytake an egg took the basket with him.#2 - John
were, the scenarios can seem confusing.I usedwas the only man in the room.#3 - The criminal
these scenarios to demonstrate the way we aswas on a bridge, and was much closer to one
loan officers approach our own business.side than the other.Written By: Chad Weber
Sometimes we find ourselves in situations whereJoe L.O. provides hype-free marketing solutions
there seems to be no easy answer. In fact,for loan officers.
many loan officers are feeling downright confused