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10-13-2017, 03:03 PM #1Karen37aGuest
It was that bad...there is / was a shake out...and i think one more is coming ( not as bad )...like another hurricane, just a small one
The Few that are left will make money coming back up again...then new people will pop up and say
"you do not know what you are doing, there are new fangled ways to do business"
it cycles
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10-13-2017, 03:45 PM #2
- Join Date
- Jul 2014
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Agree.
Was - Is- and Will.
The "WAS" is obvious but if you think about it... it shook down a total opposite that we didn't see coming. The good guys- aka those who shut doors or shook up their execs. Change hit everyone hard and what was thought to be the a shake out originally (regulating the broker) didn't happen. Stacking won and new baby boomer funders are now reigning in a behind the scenes market.
It was said the Broker is bigger than all of us. The largest of the market that gets the deals in the door. No shame in the game... but now we have -IS. You have the need, building up, breeding, and celebration of the Broker on one hand with conferences and advertisements/posts accepting "ISOs"... but like you said... there is no amazing lead traffic of those good deals and those A/B paper outlets are "dormant" or "selective" in which they have every right to be. There is a huge separation in the space. Just like you have A-D Funders you have A-D Brokers.
WILL happen- Separation. We all know we can't teach old dogs new tricks. You can't tell an ISO Owner how to run his/her Business. You can't give everyone the same "rules" across the board if there are tiers to this...
How the hell did we get this far off topic?Amanda Kingsley
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