Sunday, May 14, 2023

Theory of eye sight and hind sight:

The mortgage industry is in the most challenging market of our lifetime. No matter what the industry does to you, or your company does, your worth remains intact. It’s up to you how you monetize it. Put yourself first and find a team that lets you participate in ownership. Be a shareholder!

 

If your CEO who represents the shareholders, or your LLC Owner who represents himself or herself, do not focus on the data balancing the equation, losses will mount crumbling the foundation of your path.

 

Prior to July 2022, I monitored accounting daily with no eyeglasses. Today, I need glasses to see the same screens due to the intensity and frequency needed to adapt and remain profitable for the last 11 months. My 62 Shareholders (1/2 Mortgage Originators 1/2 Operations Professionals), expect their fiduciary to steer carefully in storms. Huge value awaits those left to fill the voids.

 

Do you know if your company is profitable? If it is not, put your career first and make your own choice to find a profitable company. When companies close, don’t let others make your choice. One distress sale after another, employees post “happy to announce I have a new position with the company that bought what was left of my prior company.”


Put yourself in a position to prosper when the market turns north. Good deals are hard to find when a resume reflects poor choices.



Good profitable companies need competent good Mortgage Originators and Operations Professionals.


www.southeastmortgage.com Phone: 770-279-0222

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