Practical habits, strategies, and tips to help you get the most out of HouseAmp and build a successful pre-sale improvement financing pipeline.
| π Check Your Dashboard First Thing: Start each day by reviewing your Borrowers dashboard. Look for incomplete applications, items ready for review, and status changes needing follow-up. |
| π Use the Equity Estimator Liberally: Run an Equity Estimator on every property during initial conversations to quickly identify viable opportunities. Don't wait. |
| π Respond to Notifications Promptly: When you receive platform notifications, respond within 24 hours to maintain momentum. |
π― Lead with ValueWhen meeting with agents, focus on how HouseAmp helps them win listings and sell homes faster β not just on loan products or rates. |
π Demonstrate the Equity EstimatorShow agents how quickly you can determine if a seller qualifies. This makes the program tangible and actionable. |
π¬ Provide Regular UpdatesKeep referring agents informed about their clients' application progress without violating privacy requirements. |
π Share Success StoriesWhen you help a seller achieve great results, make sure the referring agent knows. This creates powerful word-of-mouth marketing. |
| π Set Clear Expectations: Let borrowers know what to expect at each stage, including typical timelines and what you need from them. |
| π Be Proactive with Follow-Up: Don't wait for borrowers to come to you. Check in regularly on applications in progress. |
| π‘ Simplify Complex Information: Break down the application process into simple steps. Overwhelming borrowers leads to abandoned applications. |
| π Celebrate Milestones: Acknowledge when borrowers complete important steps. This builds momentum and maintains engagement. |
β‘ Qualify Quickly, Qualify OftenUse the Equity Estimator on every prospect conversation. The faster you qualify, the more efficiently you can focus your efforts. |
π Keep Detailed NotesDocument conversations, follow-ups, and special circumstances for each borrower. Your future self will thank you. |
ποΈ Batch Similar TasksDedicate specific time blocks to reviewing applications, following up with borrowers, and communicating with agents rather than checking randomly throughout the day. |
π Monitor Your MetricsTrack conversion rates, average time from application to approval, and referral sources to identify what's working and where to focus. |
| β° Waiting Too Long to Follow Up: Applications lose momentum quickly. Follow up within 24β48 hours when borrowers stall. |
| π Over-Complicating the Value Proposition: Keep it simple β "Help sellers make more money on their sale by funding strategic improvements." |
| π€ Neglecting Your Profile: Keep your contact information current. Outdated details create unnecessary friction. |
| π¬ Assuming Borrowers Understand the Process: Never assume borrowers know what to do next. Clear, explicit communication prevents confusion. |
| π Forgetting to Use the Equity Estimator: This tool exists to save you time. Use it on every property during initial conversations. |
Track Your Key Metrics:
| π¨ Number of borrower invitations sent |
| β Application completion rate |
| β±οΈ Average time from invitation to submission |
| π― Approval rate and funded loan volume |
| π Referral sources and their conversion rates |
π‘ Set Weekly Goals: Establish clear targets for activities you control β invitations sent, agent meetings scheduled, applications reviewed. Review weekly or bi-weekly, double down on what's working, and adjust what isn't.
Our support team is here to help you succeed.
Email: clientservices@houseamp.com
Phone: (877) 537-2643