A depression, put simply, is a very long period of economic malaise. A series of rolling recessions and modest recoveries over a multi-year period of general economic stagnation as the excesses from the prior asset and credit bubble are completely wrung out of the system. In baseball parlance, we are in the third inning of this current debt deleveraging ball game. You know you’re in a depression when interest rates go to zero and there is no revival in credit-sensitive spending.

The economy is in a depression when the banks are sitting on $1.3 trillion of cash and yet there is no lending going on to the private sector. It’s otherwise known as a liquidity trap.
Depressions usually are caused by a bursting of an asset bubble and a contraction in credit, whereas plain-vanilla recessions are typically caused by inflation and excessive manufacturing inventories. You tell me which fits the bill today.

When almost half of the ranks of the unemployed have been looking for a job fruitlessly for at least six months, you know you are in something much deeper than a garden-variety recession. True, we can’t see the soup lines; the soup lines are in the mail — 99 weeks of unemployment cheques for over 10 million jobless Americans. Don’t be lulled into the view that we are into anything remotely close to a normal economic cycle.

Basically, in a depression, secular changes take place. Attitudes towards debt, discretionary spending and homeownership are altered for many years, or at least until the scars from the traumatic experience with defaults and delinquencies fade away. That is why, as per last week’s data releases, we saw existing home sales slide to 15-year lows and new home sales to record lows despite the fact that mortgage rates have tumbled to their lowest levels in modern history. There is no economic model that would tell you that declining mortgage rates should lead to lower home sales.

In a depression, radical changes occur in terms of social norms and spending behavior. In recessions, people don’t cancel their life insurance policies – as one example. But in a depression, tragically, that is what happens – almost 35 million Americans now have no such coverage, up from 24 million five years ago. This reflects the focus by households to pay down their debts at all costs and how companies have bolstered profits – by eliminating benefits.

More fundamentally, in a recession, the economy is revived by government stimulus. In depressions, the economy is sustained by government stimulus. There is a very big difference between those two states.

After all, we are now in a situation where every 1-in-6 Americans is now receiving some form of government assistance — more than 50 million Americans, from food stamps, to Medicaid, to extended jobless benefits, are on one or more taxpayer-supported programs. That transcends the definition of a recession.

In a recession, everything would be back to a new high 33 months after the initial decline. This time around, everything from organic personal income to employment to real GDP to home prices to corporate earnings to outstanding bank credit are still all below, to varying degrees, the levels prevailing in December 2007.

Let’s be clear: After all the monetary, fiscal and bailout stimulus, the economy should be roaring ahead, as would be the case if the economy were coming out of a normal garden-variety recession. The fact that there has been no sustained response to all these efforts by the government to turn things around is a testament to the view that this is not actually a traditional recession at all, but something closely resembling a depression. That, my friends, is exactly what the bond market is signaling, with Treasury yields rapidly approaching Japanese levels.

For all the chatter about whether the recession that started in December 2007 ended sometime last year, here is what you should know about the historical record. The 1930s depression was not marked by declining quarterly GDP data every single quarter. In fact, the technical recessionary aspect to the initial period following the asset and credit shock goes from the third quarter of 1929 to the first quarter of 1933.

What is important to know is this; in that initial four-year economic downturn, from 1929 to 1933, there were no fewer than six — six! – quarterly bounces in GDP data. The average gain in these up-quarters was 8% at an annual rate! But because they proved not to be sustainable, the National Bureau of Economic Research (NBER) refused to declare that the recession officially ended, even though the stock market rallied 50% in the opening months of 1930 on the belief that the downturn was about to end. False premise. And guess what? We may well be reliving history here. If you’re keeping score, we have recorded four quarterly advances in real GDP, and the average is only 3%.

I can understand how emotional the debate can get over whether or not we have actually just stumbled along some post-recession recovery path or whether or not this is actually a depression in the sense of a downward trend in economic activity merely punctuated with noise that is influenced by recurring rounds of government intervention. The reality is that the Fed cut the funds rate to zero, as was the case in Japan, to little avail. Then the Fed tripled the size of its balance sheet – again with little sustained impetus to a broken financial system. Government deficits of nearly 10% relative to GDP, or double what FDR ever ran during the 1930s, have obviously fallen flat in terms of providing and lasting impact to the economy.

This is going to sound like a broken record but it took a decade of parabolic credit growth to get the U.S. economy into this deleveraging mess and there is clearly no painless “quick fix” towards bringing household debt into historical realignment with the level of assets and income to support the prevailing level of liabilities. We are talking about $6 trillion of excess debt that has to be extinguished either by paying it down or by walking away from it (or having it socialized). Look, we can understand the need to be optimistic, but it is essential that we recognize the type of market and economic backdrop we are in.

The markets are telling us something valuable when (after a period of unprecedented government bailouts, incursions and stimulus programs) we had a 2-year note auction that saw the yield dragged to new record low of 0.46%. Instead of lamenting over how attractively priced equities must be in this environment, market strategists and commentators would bring a lot more to the table if they tried to decipher what the macro message is from this price action in the Treasury market. Conducting stock market valuation analysis based on unrealistic consensus earnings assumptions does nobody any good, especially when these estimates are in the process of being cut.

If the Treasury market is correct in its implicit assumption of a renewed contraction in the economy, then we could well be talking about corporate earnings being closer to $60 or $65 in the coming year as opposed to the current consensus view of almost $90. In other words, we may wake up to find out a year from now that whoever was buying the market today under an illusion of a forward multiple of 12x was actually buying the market with a 17x multiple.

How’s that for a reality check?

Cloud computing is the next big thing in the IT and digital world and it will have a profound effect on every thing accomplished through an internet connection. It is hard to imagine anyone using the internet whether it be for personal use, e-commerce or business that will not benefit from the advent of cloud computing.

Cloud computing has three basic classifications: Software as a service (SaaS), Platform as a service (PaaS) and Infrastructure as a service (IaaS)

Software as a service provides flexibility and huge cost savings by virtually eliminating the need for on premise software and a huge capital outlay for software, hardware and IT services. The software will be accessed from a cloud environment hosted on third party servers.

Platform as a service enables developers to build applications using a wide array of developer tools out in the cloud. This is the ultimate frontier for developers enhancing creativity, production, speed, networking, deployment and cost savings.

Infrastructure as a service are the data centers that will in effect house the servers that create the environment where multiple virtualized operating systems, cloud and IT services can run on one server on a pay as needed basics. Huge cost savings are gained by data centers using less energy, manpower and servers operating in a shared environment.

In the future the three main end user categories may simply be: B-Cloud business , G-Cloud government and C-Cloud consumers

What is cloud computing? Internet computing use and services over an online protocol. The services will be accessed over the internet and the cloud is a metaphor for the internet.

Mainly cloud computing is a new Information Technology business shift to obtain and offer software, application platforms and data infrastructure services over the internet. This is not a fad and it is a major push as well as a cost savings initiative that most companies will soon embrace economically. Most of what cloud computing is all about is not readily understood by consumers today and this is predicted to change rapidly as this new concept unfolds. However consumers will experience and appreciate the flexibility and the online cost savings passed on to consumers by businesses using the cloud computing model.

Kutro ramps up its effort to introduce consumers to a new credit score auctioning and bidding platform designed with consumers in mind. Consumers can embrace a new innovative initiative a digital consumer cloud (C-Cloud).

Monetization-as-a-Service (MaaS) consumers can access online the monetization as a service application through the kutro platform control panel. It is easy to sign up and register for the new service. A forth coming mobile app will make this even easier for consumers on the go using their smart phones.

Monetization: to give the character of money to; convert into money

Gain control of your valued credit using monetization and realize its financial benefit and overall monetary worth in the marketplace. Through credit transactions businesses of all types monetize consumers credit to harvest profits and financial gain. In the world today this is revered as commerce or the act of doing business as well as making money through credit and interest rate transactions.

Here is an astounding revelation. Consumers can now reverse the business monetization process and use the same principles to save money and interest making their own individual monetized credit transactions. Place your credit score out for bidding in the marketplace and stop allowing others to monetize your credit to your disadvantage causing you the consumer to settle for high interest rates based on your credit score.

The next evolution in the credit monetization process will enable consumers to use their smart phones to scan barcodes and immediately upload the product into the credit score auctioning and bidding platform to monetize their credit for a lower interest rate prior to making a purchase of a big ticket item. This will level the credit score playing field, empower consumers and bring interest rate cost savings into play with every consumer credit transaction.

Each time a massive implosion occurs economically and financially it seems to follow a very well orchestrated boom to bust cycle. One has to ask who are the players in these carefully planned money grabs. It should be obvious now that there are two camps at play here. First the boom camp and it would be redundant to mention their names here because you see their names mention through out the media daily. On to the bust camp the mainstreet of America. In battle you would think the opposing side with the greatest number of warriors in their camp would be the victor. Why is it that the bust camp can hardly present a formidable defense against a much smaller boom camp?

The boom camp are best at using leverage combined with Trojan Horse type battle tactics. One which the bust camp never suspects until it is much too late.

Recently the media reported that now builders are building houses that are scaled down in size. The media reports proclaim that buyers are saying now these are the type of homes to buy today. What caused the addiction for the Mcmansion size house that many on mainstreet craved for so often? Is it because they thought that bigger is really better. Did they jockey for more bragging rights in their circles of influence or workplace? May be it was driven by an inner desire to obtain more social status with family, friends and community clout?

Once the boom camp zeroed in on the bust camps addition it was easy to feed that addition with easy money. The trap was baited with easy borrowing and lending for all the wrong reasons and sometimes borrowing was made available to all the wrong people as an after thought.

Prior to 2009 all over America finances and lending had gone wild. Consumers gorged themselves on every new gadget both large and small. Without regard for personal financial liabilities, savings or the future. Be careful for that which you long to create it may someday lead to your ruin. A lesson that was ignored by the financial alchemist and others in high places particularly the boom crowd.

We have met the enemy and it is us in the proverbial ATM and voting booth. Millions stepped in to swing the mighty sword and with closed eyes the blade landed and cut the fabric of this great nation into two unequal parts boom and bust.

One day a smart genius will create a method to quietly invade the boom camp and retake the ill gotten spoils stolen from the bust camp. Can boom to bust cycles work in reverse order?

Visit msnbc.com for breaking news, world news, and news about the economy

In most cases those with high credit scores should fair better than those with lower credit scores in the current credit system. As previously stated both will be inadvertently charged an interest rate that has lots of wiggle room. Based in many instances on credit industry computer risk models and on the subjective final decision maker. Someone behind the scenes who may or may not care to take all of the facts and circumstances into consideration. This fact along is why monetizing your credit is more important now than ever.

Can less than stellar credit keep a segment of society from getting a head? Whether one has fallen on hard times or lost a job. May be a divorce is the blame and in some cases a medical emergency has caused a major disruption in your finances and a downward spiral of your credit score. Sometimes the poor credit score can be attributed to a lack of attention to detail and a record of not making payments before the due date. Admittedly many things can cause ones credit score to nosedive and no one should excuse personal responsibility and accountability of ones actions.

Having a goal to ascend to the level of excellent credit is a noble pursuit, however many fail to obtain that elusive perfect score.

In a perfect world a high credit score should save you money in any transaction requiring a borrow or consumer to allow their credit history to be the determining factor in making a purchase. If you live on planet earth you should have come to the realization by now that two things are a constant. It is a place where imperfect people live and do business in an imperfect world. However should consumers settle for the status quo?

There is a movement albeit in its early stage to level the credit score playing field. This will serve as a great benefit to all consumers whether their credit scores are high to low or some where in between. Remember leverage is the key here whether it is in your favor or not the fact remains the same. To leverage or not to leverage you decide.

What should be the wise advise given to young adults striving to establish themselves in the world financially? Most would say keep debt to a bare minimum and start forming a good credit history.

The advise is flawed on two points. First credit cannot be established without incurring debt in the present system. Secondarily in many cases a high credit score along with an unblemished credit history is becoming very difficult to obtain now days. Why? Because the credit standards are changing rapidly to say the least. The one thing that was not mention to the young person lies at the hard of the mindset that creates consumer credit problems today.

Credit’s first law is your credit should help save you money. Why should you allow yourself to become enslaved by the very thing you have created? Consumers most often over look this very important principle. If your credit is costing you money with absurdly high interest rates the next obvious question is of what value is it to you financially? Consider not using credit in the same traditional way as in times past.

A new approach would be to monetize your credit and this puts you the consumer back into control.

The key here is to allow the marketplace to determine the monetary value your credit and this could lead to possibly lower interest rates and this can only be accomplished using and auctioning and bidding process.

Regardless of your credit score a system that levels the playing field should offer a fair interest rate bid based on the monetary value of your credit in the marketplace. Until a system of this type is embraced that benefits all consumers your credit will continually cost you money and not save you money.

Any amount of interest percentage points saved through the auction and bidding process can be counted as real money savings benefiting you the consumer.

Media headlines have reported that at least sixteen states are considering placing a ban on employers using job applicants credit history as a part of the hiring process. No one is advocating less financial responsibility and accountability for anyone maintaining their own credit history in good standing. The point here is that it behooves each consumer to be wise when using credit because the consequences of ones actions now are far reaching to say the least.

It is now possible that your credit may prevent you getting a job and some cases the type of job you would like to obtain depending on the industry. Now the picture becomes quite clear how credit in and of itself can have a direct impact on your standard of living. The use of credit or the misuse of credit in some cases can correlate to the level and quality of your standard of living.

Employment and earning capacity over time is a key component in gauging a consumers standard of living. Your ability to maintain stable employment over time with an upward moving pay scale combined with sound credit should afford you the opportunity to increase your standard of living. Excluding any other negative financial factors or setbacks that might come into play.

Most Americans in the working class seem to rely on three basic financial fundamentals: Employment, Income and Credit.

Does credit or the lack of credit perpetuates a division of society resulting in economic classes?

Without sufficient income and credit it is hard to imagine how one would maintain a desired upward bound standard of living. It is well known that those with little to poor credit will pay the highest cost and interest rates when obtaining a loan or buying big tickets items. Those with the least seem to pay the most and therefore a endless cycle of high expenses creates a downward spiral of their standard of living.

Credit cards are now almost non-existent for those whose credit scores are considered low by today’s standards. Consumers with the lowest scores who manage to secure a credit card are charged rates that really should be illegal in this country.

With the risk of not finding employment or suitable well paying employment hinged on ones credit history there is much to be said for the power and influence of the credit bureaus on your life.

Current events are shedding even more light on why it will prove beneficial for the working class to embrace a system and process that enables the leveling of the credit and credit score playing field.

A few years back sociologist and economist both seem to agree that America had three distinct classes: lower (working poor) , middle class and upper class. For some this is an unpopular topic of discussion and others may shy away fearing a lack of political correctness. Nevertheless the economic facts involved here are profound.

Time the great equalizer and some cases a great diminishing force has certainly brought about a defining change in America economically. There are many who believe there are only two classes currently in America today. The working class and the affluent rich.

It is obvious to see that the middle class has disappeared. Were they a victim of fate or were they proven to be irrelevant by the financial and economic wizards?

Here is a question to ponder. Which group in America is impacted the most from a lack of leverage in the marketplace? The hard working taxpaying working class. Which group in America would stand to benefit the most from a system that provides leverage in the marketplace? The answer is a no brainier it is the hard working taxpaying working class. Could it be that the working class have not because they ask not?

Leverage is one of the most powerful forces in creating wealth or extracting wealth for that matter and saving money in a business or consumer credit transaction. Consumers find themselves all to often on the extracting end of the transactions most of the time.

Here is the secret. Leverage is always at work, whether it is working in your favor or it is unleashed against you. There is no escaping its power, however as a consumer you must learn how to harness the power of leverage for your benefit. You have the power. Why do you think millions of dollars are spent each day via advertising campaigns to get your attention. The hope is that you will make a purchase albeit with a de-leveraged mind set.

High interest rates caused by inflation will level a devastating blow to the purchasing power of consumers. Validating the importance of seeking a means now to ramp up your ability to leverage your credit is paramount before the forces of inflation strike. The forces of deflation on the other end of the spectrum are just as wicked.

Consumers and borrowers would benefit greatly utilizing a process that offers leverage and transactional value to each purchase particularly when buying big ticket items.

The only practical and logical innovative means of creating leverage in the marketplace for consumers is to enable consumers to place their credit and credit score into an auction and bidding process, thus allowing the acceptance of bids from creditors before making a purchase. This would place a monetary value on ones credit and equally creating leverage in favor of the consumer. Consumers realizing the monetary value of their credit could in turn use this monetary value as leverage in the marketplace and as a bargaining chip. Also consumers would for the first time bring to bear the market force of multiple bidders/creditors as another more substantial means of leverage placed clearly in the hands of consumers.

Some may say oh no the power of leverage should never be taken from strong hands and given freely to the weak hands. Is it fair that a few can manipulate and extract wealth from the masses going forward in the 21st century as in times past? At some point in time the masses will awake from their financial slumber and assume their rightful place. A place where there is a level financial playing field benefiting all. This will make America financially strong again.

Here lies the solution to stimulating the economy.

One thing immediately comes to mind is what has taken change so long to appear on the financial radar screen? Some how the old paradigm is past the point of looking like an approaching torpedo with the ability to sink a battered economy.

Here lies a clue to the apparent urgency of new laws passed by congress emphasizing that consumer spending provides for 70 percent of all U.S. economic activity. The easy conclusion is without beefed up consumer spending the economic recovery is fast running out of steam.

A more careful analysis shows that consumers are spending at a slower pace than in times past, however the data reveals that their spending is directed toward big ticket items.

Just as promised the new Credit Card Act will do many things however possibly unintentionally curtailing even more consumer spending. The new laws will demand that credit card issuers perform the due diligence to scrutinize whether a credit card seeker has the ability to pay. By the way, the law is intended to help save consumers from themselves by preventing over spending. What a novel idea and a strange paradox in a consumption based economy.

As with anything proposed by Washington no matter how well intended beware there could be curves ahead or unintended consequences.

Changing trends brings this discussion to the X-factor which will be referred to as the missing link in all of the above credit changes. The X-factor is consumers discovering how to monetize their credit regardless of any laws passed by congress. In fact the new trend monetizing consumers credit is more important now than ever before in light of the new credit card act.

Consumers gain an unique advantage in monetizing their credit, which should provide unprecedented leverage in the marketplace. The fact that consumer spending makes up 70 percent of all economic activity here in the U.S. gives the consumer a decided advantage and opportunity to create real credit change for themselves. There are approximately 100 million taxpayers in the U.S. who all use some type of credit and with your clout and galvanized voices you can bring about a new innovative means of using credit to benefit consumers.

Coping with changing credit trends can become an empowering experience for all consumers fostering a new era in the use of consumer credit. Monetizing your credit is truly the missing link in the newly designed credit landscape. Some have asked should this be a grassroots effort front and center on main street America? You decide.

One thing that is certain in the way consumers use credit a new model is needed. The model should provide what consumers need most:

The ability to monetize credit
A platform to accept lenders bids
Discovery of monetary value of credit
Use of leverage in the marketplace
Lower interest rates gained from monetizing credit
A consumer credit auctioning and bidding process
Credit card seeker bidding concept

Current events are shaping future trends and leveling the credit and credit score playing field which should benefit the informed consumer.

Several questions come to mind. How did consumers become conditioned to accepting the practice today known as credit scoring? Who are the major players and influences that make this possible.

If consumers are not satisfied with the status quo why haven’t consumers demanded a more viable alternative?

The fact that consumers are dissatisfied and feel alienated may be attributed to their own perception or the methodical controlled conditioning of their perception of credit by others.

There is a simple means for consumers to participate on a level playing field with their creditors. However it will require a stark change in perception. A complete paradigm shift is needed from the on set, an evolution of sorts in consumer behavior.

Consumers must perceive themselves and their credit quite differently than what is done today.

A new set of rules, terms and phrases must be learned. No, there is no need to go back to school or simple bury oneself in a mountain of books. I can assure you that these new expressions are already in your current layman’s vocabulary. All you need to do is transfer the same terms used everyday into your new found awareness and perception of your credit.

It is without doubt most consumers are very value conscience today in the present economy.

The definition of value is equivalent worth or return in money, material, services.

A new reality in understanding and expecting to receive fair value in any transaction were credit is the deciding factor is your right as a consumer. However one will not perceive it as one’s right unless one expects and perceives it to be so.

For an example a consumer shopping for a new refrigerator for their home would expect to receive fair value for their hard earned money. If there next purchase is a big ticket item requiring the use of their credit to make the purchase should not the same level of expected fair value come into play? Only this time the consumers is focused on getting fair value in the credit transaction. If the consumer accepts only one creditors perception of their credit it is highly unlikely that the consumer received fair value.

The most efficient means for determining fair value in the credit transaction scenario is the use of an open auctioning format comprised of multiple bidders. This is where multiple lenders would offer an interest bid to the consumer based on the consumers credit and credit score thus providing fair value to the consumer.

Plain and simple when consumers perceive that their credit has monetary value, proves accepting anything less than fair value is not acceptable in the marketplace.

The next term to explore is monetizing your credit.
A financial dictionary definition for monetizing: To convert into money

The interest rate received in a financial transaction is converted into money.

A consumer buying a car using credit to apply for an auto loan can count on the following.

The lender will convert the consumer’s credit into an interest rate during the loan process.

Consequently the interest rate is converted into money determining the amount of profit the lender will make on the loan. Make no doubt about it the lender monetized the consumer’s credit to make a profit. Consumers should have the same opportunity to monetize their own credit to save money during the credit transaction. Now providing a level playing field for consumers.

The car buying scenario above allowed the lender to have sole discretion over the monitization of the consumer’s credit based on the lenders perception. The consumer had very little if any choice in the matter other than being accountable for the ensuing debt.

However the above example describes how things are currently done today when borrowing and lending.

A consumer walks into a car dealership with credit score along with credit report in hand from one of the reputable credit report agencies. The salesman will say sorry, but we will have to pull a credit report and we can’t accept the one you have on hand. However, the salesman did not say the dealership will pull the credit report from the same credit reporting agency. The dealership accessed credit report detailing the consumer’s credit will without doubt indicate a much lower credit score. Resulting in a higher interest rate for the consumer and greater profit for the lender.

How did the above car buying and car loan experience make you feel?

Did you feel your best interest was being served. During the transaction did you feel empowered? Were their feelings of helplessness?

Did you feel you received fair value for your credit or did you feel overwhelmed and taken advantage of throughout the sales and lending process. Were you made to feel that this is just how things are done and there is no better alternative available? Were you made to feel this is standard practice?

As a consumer would you not prefer to have a choice of which interest rate you could chose to accept based on fair value? Why not have multiple interest rate bids from lenders offered to the consumer based on the monetary value of the consumers credit?

There is not a better method to bring fair value to the consumer and create a leveling of the playing field other than by monetizing the consumers credit. Here is the proof.

What do hard working consumers desire most often or should expect when purchasing a big ticket item using their credit?
Choice
Value
Saving money
Possibility of lower interest rates
A level playing field with creditors
Fair monetary value for their credit
Leverage of credit in the marketplace

A consumer credit score and credit auctioning and bidding process can offer benefits to all. An auction format would help consumers: discover monetary value of credit in the marketplace, receive fair value, feel empowered to leverage credit , possibly lower interest rates and save money.

It is a win – win opportunity for all through out the borrowing and lending process.

Current events are shaping new trends. Catch the wave of the next exciting and rewarding consumer trend becoming widely known as the monitization of consumers credit.

Artificially low interest rates driven down by the federal reserve during the recession can not be sustained indefinitely.

There are many who believe the next economic foe on the horizon is inflation and this will create a much higher interest rate environment for everyone. Thus the need for consumer credit monetizing becomes more beneficial and important for borrowers now and in the future.

Research indicates that 10% of the agents obtain 90% of the sales.
It is the goal of this article to help improve the sales potential
of the 90% with deficient sales. However the top 10% will
also benefit and take their sales volume to the next level.

Again research shows that a real estate agents salary averages less
than $36,000 per year. In a large brokerage the fees and expenses
are hitting an agents bottom line constantly. It is widely known
that in a large brokerage the agents close less than four sales per
year.

Compounding the problem facing realtors is the shrinking of the
available number of buyers in this economic downturn. Creating an
out of balance effect in the number of potential sales when compared
to realtors. Indicating now too few sales available matching the number
of available real estate agents. However this has left the real estate field overcrowded with real estate agents to say the least.

As a realtor now more so than ever a marketing edge over your competition
is required and vital to your success in this field.

There should be two fundamental goals for a realtor’s success:
Property Listings and Referrals

For the sake of this article only the referral issue will be addressed.
Referrals have the inherent intangible power to make a real estate agents sales and earnings soar to new heights rarely experienced by most real estate agents.

First consider several key things an agent must offer to differentiate
themselves from the other agents in the lower 90% sales percentile.

For the buyer client transaction:
Timely communication with client
Build a relationship with client
Provide complete customer satisfaction
Reward the client, offer to show the client how to possibly save money
on their interest rate by learning to monetize their credit.

For the seller client transaction:
Timely communication with client
Build a relationship with client
Provide complete customer satisfaction
Present a suitable buyer with the best offer possible
Assist the seller when they are ready to buy again.
Reward the client, offer to show the client how to possibly save money
on their interest rate by learning to monetize their credit.

Create a customer satisfaction index (CSI) to track and monitor your
service customer satisfaction level.

Provide each client a survey to track their level of satisfaction with
the service you have provided. Assign each survey a satisfaction level numbered from 1 to 10. One meaning lowest and ten the highest level.

Set a goal to maintain a customer satisfaction level ranging from 9 to10.

Consistently build on your strengths and improve your weaknesses.

Be sure to ask the client how can I better serve you next time and any future clients I may have? Tell the client their input would be most helpful.

Never forget this one and very important fact and that is the reason why you were chosen as a realtor to represent the client. Whether they are a buyer or seller. The single most important thing to a client is your ability to produce the one thing that matters to them and that is Results.

Selling produce only sales.

Results and client satisfaction produce more clients.

Satisfied clients produce referrals.

Referrals produce more income.

Educate, educate your client/consumer, most if not all consumers value learning new beneficial information. Consumers enjoy getting in on the ground floor of a new trend at no cost. Share with the client your enthusiasm highlighting the significance of the new trend, “Monetizing Your Credit”.

Real estate agents can encourage their clients to monetize their credit.
Help clients to understand the benefits along with the value it offers as a focal point of your outstanding customer service. They will appreciate realizing they can sign up without obligation, it is a free service for consumers?

Just imagine the number of referrals coming in from happy clients. Who you have helped to earn an opportunity to get a possible lower interest rate by monetizing their credit. Instrumental in saving a ton of money over the life of their loan. Your clients will thank you for referring them to a source that helped them to discover the monetary value of their credit. You can rest assured they will tell others of their good fortune.

Use the above method as a marketing tool to get more referrals, increase sales and income.

It’s a win-win opportunity for realtors , buyers and sellers who may become buyers.