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01-25-2018, 06:42 AM #1
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Trend
Is it just me or do you all see the trend over the last couple of years on this forum ,that 90 percent of those who pay for advertising on here are legitimate and 90percent of those that come and advertise for free wind up being illegitimate
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01-25-2018, 08:51 AM #2Karen37aGuest
No. More like 70/30
And do you realize that there are Isos and other Funders /lenders who might be honest who do not want to use the internet or DF to advertise for passive leads or referrals?
I was of the opinion that this is more of a networking community...learn, , meet funders and other lenders, isos, brokers who are in the industry or ask a question of experienced people while you make your way thru the treacherous waters and make $$.
I am also of the opinion that people who search for passive leads will go out of business if they do not pick up the phone or have a great SEO inbound campaign .edit* ( or go door to door face to face like processing visa/mc ...or Life insurance agents**) . I have been debated fiercely on this over the years. Results stand.
Are you trying to get more advertising? lol I don't get it.Last edited by Karen37a; 01-25-2018 at 09:04 AM. Reason: Edit . door to door face to face
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01-26-2018, 12:08 PM #3Karen37aGuest
Ok I am going to try to explain
#1 As stated I thought this was a networking community. Not just advertising for select funders or brokers( and they should be transparant if advertising)
#2 Independent 1099 outside brokers are in competition with everyone including their own Funders (but we don't stack them and stay loyal to them) If we found a deal and we wanted it we would pay it off, in essence taking it from the iso who sent it to them...when its in-house then its another story
#3 There is a limited pool of leads and data coming thru the Daily Funder and onto the deal bin and also straight to the Advertisers...so, therefore, if you are not advertising as an independent ISO...the advertisement is also our competition ( even though we are signed up with the Funders, the deal isnt coming thru us and we really do not want it because we know it has underwriting issues that cant be conquered)
#4 It's my contention that the deals that got stacked to high heaven were stacked by brokers circulating in a limited pool of Funders so you care canabilizing each other by advertising next to each other.
So smart money advertises here and with caution...and elsewhere.Andif you choose not to , doesnt mean you are a crook
#5 The Isos are the lifeblood of some Funders business and if not we are your direct competition for a limit number of deals...American business. I undersand there are brokers who want the deals to go to them but there are others that are going to try to get it away legally...competition
This is not an unlimited pool,,, only so many businesses, then only x amount would even consider a cash advance nor need one...then only x can qualify. And the fastest way to get to the merchant is not thru snail mail or postcards, door to door... it's picking up the phone, which no one wants to do and they are being led astray with all these crazy marketing ideas that do not work.
So. Just because you do not want to market to people who are cannibalizing each other, or newbies who think smoke signals work...does not make you unethical. (And also fight to not get backdoored)
Last point. Why do people point out certain companies all the time and not others?When some are worse than the others. Second time asking it.Last edited by Karen37a; 01-26-2018 at 12:28 PM.
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01-26-2018, 12:53 PM #4
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ok i will answer each one
#1 this is 100% a networking community , i am just pointing out a fact that has been happening with the ones that constantly make free advertisements
#2 no clue what this has to do with the discussion
#3 not sure what you are saying
#4 i get your point but nothing to do with discussion of what has been happening .
"So smart money advertises here and with caution...and elsewhere. And if you choose not to , doesn't mean you are a crook" = I never said they were and this proves the misunderstanding .
#5 again good point but nothing to do with discussion of bottom line what has been happening
"Last point. Why do people point out certain companies all the time and not others?When some are worse than the others. Second time asking it" = great question , First off people only post what experince they had and they did not necessarily have a bad experience with the worse one . Next some are big bad scary that have lawyers waiting to sue someone and it is just not worth the headaches .
Bottom line please answer with a yes or no . do you see that the ones that keep spamming posts for business for free and never contribute to this site wind up being a scam ?
I want to be clear that even if what i have been realizing is true .i am not saying we should end it , just people need to be cautious
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01-25-2018, 09:16 AM #5Karen37aGuest
It's like a big multi-level marketing company. Someone joins, then recruits 20 others and they all sit around the room looking at each other saying...we joined a month ago why are we not rich...this doesn't work .
Answer: because someone has to make the sales.
Then they try to figure out how to recruit a top producer so they turn over the sales to them.Top producers only follow top producers or companies with volume. Unless you pay them. And the ones who are really good won't take a salary.
It becomes very clear who is being fed leads or who can hustle them out through hard work.
There are no shortcuts and the cream always rises to the top
Trust but verify the funders/isos etc.The ones who are sponsored have been vetted. doesn't mean the other are consLast edited by Karen37a; 01-25-2018 at 09:19 AM.
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01-25-2018, 06:02 PM #6
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Same like not being able to afford a business email .If you are a real lender funding real business than you can afford to pay for some advertising on here.
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01-25-2018, 06:51 PM #7Karen37aGuest
Maybe some people who notice trends didn't want to be stacked and stay away from the defaulting crowd. maybe that's how they stayed alive ...no problems making people a shiate ton load of money.
Trends = Quantitive Analysis over time
There is a whole big world out there. Trillions and trillions of money moving per second...we are a blip, hence the reason I never thought regulators would get their panties in a bunch to move forward to regulate us.Last edited by Karen37a; 01-25-2018 at 06:58 PM.
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01-26-2018, 10:26 AM #8
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01-26-2018, 10:34 AM #9
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01-26-2018, 10:35 AM #10
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01-26-2018, 10:36 AM #11Karen37aGuest
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01-25-2018, 07:08 PM #12Karen37aGuest
Go to a big hedge fund party...or a big stockbrokage firm and say "I funded 1 million per month" they will pat you on the head and say ...that's nice... lol
Big Loan company....they will say ...one house?
Just say ...oh yeah...bet you don't get 10 points...stuff your pockets with free caviar and leave gracefullyLast edited by Karen37a; 01-25-2018 at 07:14 PM.
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01-26-2018, 10:39 AM #13Karen37aGuest
Go ahead and get the bozo convention to run around yelling that I have no credibility because I had a dui.
Stop painting this broad brush on some and not others
And I am not asking you. I am telling you. Cut it out. Or people can tell whats really going on behind the scenes.
Soft pulls to steal applications and the whole nine yards
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01-26-2018, 10:42 AM #14
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01-26-2018, 10:46 AM #15Karen37aGuest
You always say that.
Do you actually believe that of all the financial companies... Funders and lenders; that if they do not advertise here they are criminals or somehow unethical?
is your vision and experience in the industry so small?
is this an advertising board or sales funnel/ CRM for unsuspecting newbies or a networking community?
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01-26-2018, 10:54 AM #16
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first off i think you are confusing me with someone else . next i am not saying that who ever does not advertise on here is unethical . thats ludicrous . what i said is that those that do advertise on here , the ones that just blast free post wind up being a scam and the ones that pay on the side wind up legitimate .
karen this is my experience , i am not sure why you are getting so hostel like i am personally attacking you since i had a different experience .
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01-26-2018, 10:55 AM #17Karen37aGuest
Did you ever stop to realize that some people came from Financial Services ...maybe bringing money with them and you trying to steer people into what YOU want...scared them all off?
I am the only idiot that stuck around.
Some of us didn't come here to be a telemarketing agent or 3 man shop.
We came to create a company and partner on the money. Its not up to YOU how people advertise and to call other(a select few) people unethical, it is ridiculous because they do not fit into your MINI group of people.
Some people are not going to join your little group or someone elses they are bigger than you.
And. I have posts and post of you giggling like a girl posting my linken page etc...but i didn't return post yours and say" he is a small 3 man shop"Last edited by Karen37a; 01-26-2018 at 10:58 AM.
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01-26-2018, 11:07 AM #18
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Again i am not sure why you are turning this personal .someone posted a wrong link for you and i was correcting them .i apologized that in hindsight you did not like that and it was a mistake .at the time i honestly was trying to help you.not giggling like a little girl
i am stating what i have been seeing on this forum .facts . the scam post were getting so bad that admin made new rules of that they must have signatures ,company email address etc . since than majority of the companies that have been doing the free advertising , a week or month later came out to be a scam . ( i am not talking about the ones that post all the time and then say they can help like richard ,abfunder and the such, it is the new companies that come only to post there advertisement and that is it)
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01-26-2018, 11:13 AM #19Karen37aGuest
I agree. If people have gmail they are not a company. But. There are hedge funds who come onhere...investment bankers...lenders. Funders who will not want to advertize.
I never wanted to advertise here BUT if what I am saying to people helps generate sales activity I do not care...too much competition out there for me to worry about a few that will take it to heart.
I am reaching outside to bring in new deals... non-cannibalized that's why I am in first position a lot. Or put a second behind someone I do not do business with. Its in Funders best interest for people to pull from outside...especially if they are a stacker or want to be 1st position...win win
its a smart business move, not unethical ...now some are unethical ....70/30
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01-26-2018, 11:10 AM #20
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Karen shut the **** up for once.
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01-26-2018, 11:21 AM #21Karen37aGuest
And see Michael. You "helping out" by giving some punk kid behind a screen my linken page...who would never reveal himself because he is a coward....doesn't really help and you knew it going in
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01-26-2018, 11:23 AM #22
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Do not worry michael i , when she puts the bottle down and realizes she is loca , she will edit all the posts.
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01-26-2018, 11:25 AM #23Karen37aGuest
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01-26-2018, 11:39 AM #24
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01-26-2018, 11:42 AM #25Karen37aGuest