[MX211]

I HAVE HEARD, YELLOWSTONE'S CHANGING EXCLUSIVITY FROM 14 DAYS TO NONE? Next week sometime?
Not sure if anyone else has been given similar info

[danlen]

this is true

[FUNd]

I HAVE HEARD, YELLOWSTONE'S CHANGING EXCLUSIVITY FROM 14 DAYS TO NONE? Next week sometime?
Not sure if anyone else has been given similar info

Exclusivity for what?

[FRESH DIRECT]

This is for deal exclusivity.

[FUNd]

This is for deal exclusivity.

From what perspective? The ISO's, the YSC rep?

[danlen]

Both

[bsmith]

Hmmm is Andy afk?

[Chambo]

So anyone can submit deals at anytime...yes, you could have two different reps trying to work the same deal simultaneously.

First one back with the signed contract gets the deal....

So more more taking an offer, then shopping around for a week and a half to see if you can rack up better deal or more commish

[J.Celifarco]

So anyone can submit deals at anytime...yes, you could have two different reps trying to work the same deal simultaneously.

First one back with the signed contract gets the deal....

So more more taking an offer, then shopping around for a week and a half to see if you can rack up better deal or more commish

I wish all banks have this policy. I think this is the best way to do it

[Michael I]

So anyone can submit deals at anytime...yes, you could have two different reps trying to work the same deal simultaneously.

First one back with the signed contract gets the deal....

So more more taking an offer, then shopping around for a week and a half to see if you can rack up better deal or more commish

does it go into the data base where someone else at yellowstone can call it ?

[Michael I]

I wish all banks have this policy. I think this is the best way to do it

i agree its the best way if the lender has no inside sales time . if they do it just makes you feel they stole it as opposed to getting in from their direct marketing

[AndyYSCISOdept]

does it go into the data base where someone else at yellowstone can call it ?

NO ABSOLUTELY NOT.....

Yellowstone has a very sensitive secured sytem where any rep here can not and will never be able to see any submissions that comes to them whether it be via marketing or otherwise

[AndyYSCISOdept]

Hmmm is Andy afk?

Does AFK mean "A F'in King"?

[AndyYSCISOdept]

I wish all banks have this policy. I think this is the best way to do it

This is what the people want, and they shall receive

[J.Celifarco]

i agree its the best way if the lender has no inside sales time . if they do it just makes you feel they stole it as opposed to getting in from their direct marketing

If you believe a bank you a working with would do this then you shouldn't be working with them

[AndyYSCISOdept]

i agree its the best way if the lender has no inside sales time . if they do it just makes you feel they stole it as opposed to getting in from their direct marketing

The problem with that idea is that 90% of YSC's business comes from outside ISOs so if we were to steal from said ISO then how long til we boarded our doors?

The fact is the 14 day policy actually made things more complicated with our outside reps and Isaac (being the competitive man he is) wants the outside offices to work even harder to get deals done with YSC.

Trust me when I tell you this will help those of you that work with YSC

[Michael I]

If you believe a bank you a working with would do this then you shouldn't be working with them

the issue is i trust my rep , the owners etc . but how do i know that one of the other reps that got the submission from a call in is really a call in and not them calling the merchant . Now what andy said does help but never every company is like that

[Chambo]

NO ABSOLUTELY NOT.....

Yellowstone has a very sensitive secured sytem where any rep here can not and will never be able to see any submissions that comes to them whether it be via marketing or otherwise

To clarify what Andy is stating....

the CRM will not redistribute any outside ISO lead. Ever. That DOES NOT MEAN, however, that another ISO didn't submit the deal

[FUNd]

First come, first serve is the best way to do it I agree. Good way to crush these little ISOs that get approvals and can't sell them, but the guys that can are locked out for 15-30 days.

[Michael I]

The problem with that idea is that 90% of YSC's business comes from outside ISOs so if we were to steal from said ISO then how long til we boarded our doors?

The fact is the 14 day policy actually made things more complicated with our outside reps and Isaac (being the competitive man he is) wants the outside offices to work even harder to get deals done with YSC.

Trust me when I tell you this will help those of you that work with YSC

to work harder vs other iso , bring it on . to work harder vs in house funder that can sell at buy rate . no one is that good

[AndyYSCISOdept]

to work harder vs other iso , bring it on . to work harder vs in house funder that can sell at buy rate . no one is that good

Call me, maybe I can put your fears at ease

[Michael I]

Call me, maybe I can put your fears at ease

andy to be clear i am talking in general , yellowstone never gave me a reason to suspect them .

[AlexSMF]

does it go into the data base where someone else at yellowstone can call it ?

No, but if you love losing deals to funders you submit to then give swift a call

[fbilson]

no, but if you love losing deals to funders you submit to then give swift a call

shots fired

[J.Celifarco]

No, but if you love losing deals to funders you submit to then give swift a call

cant just throw that out there and then say nothing.. What happened?