Seattle Reverse Mortgage Leads

Seattle reverse mortgage leads can be lucrative, if you can find them. Houses in the area are still worth quite a bit. The average home price is still in the high 400s. The market also seems to have withstood the recent troubles, meaning the property will most likely retain its value when it comes time to resell it.

Because of the special limitations placed on reverse mortgages, Seattle may be a tough market to break into, though. Borrowers of this type must be at least 62 years old. The over-65 population here was only 11 percent in 2006. That's less than the national average. Also, a large number of the residents are renters, not home owners.

Get Your Seattle Reverse Mortgage Leads from Multiple Sources

Your usual lead generating plans may not work as well here, but you should still employ them. Since the cost of something like a print or Internet ad is small, relative to the number of views it will have and the return you'll get from a sale, it isn't a bad idea to continue doing those things. If you want a steady stream of leads, though, you should probably consider hiring a lead generating company.

Look for a company that offers exclusive leads; non-exclusive leads may be cheaper, but they will be harder to close. Also, make sure the leads you're getting are for reverse mortgages in Seattle, not other types of insurance. With the combination of your regular business plan, and the leads you purchase, you should generate enough business to allow for growth in this difficult market.