As Seen on Craigslist

I admit it.
I scan the local Craigslist listings looking for qualified loan officers.

I'll also admit I have hired only one LO from Craigslist in over a year of doing this.

That's a pretty low ROI wouldn't you say?

We all know the business was flooded by inexperienced "pseudo professionals" in the past couple of years.

Here's an example from today that may show you why...


I changed actual names but left the juicy details as they were written.
If you would like to hire any of these people, send me an email - I'll send you a link!

This is from "Sean".
Judging by the title, he's covering his bases...

"Loan Agent/ Warehouseman/ Landscaper"
They go together right?

Sean goes on to describe his skills:

• Fork Lift operation * Alpha / Numeric filing
• Order picker * Duplicated documents
• Pallet Jack * Microsoft Word 2005
• Heavy Lifting * Loading Trucks
• Home Delivery * Multi phone Systems

This is how the actual post lists his skills.
I require all my Loan Officer's to be Forklift Certified, don't you?
Those loan files can get pretty heavy.

Sean presently works at "ABC Finical", (actual name changed to protect the innocent)

I guess they might be saving money by not using all those extra letters.
He's also presently working as a landscape laborer. Working two jobs? Great for you Sean!
(and I mean that)

As a professional, I don't really want people like Sean out there doing loans.
In the same way I don't want my Eye Surgeon working part time at Starbucks.

But some Broker out there, eager for loan production is going to hire Sean.
Sean is going to soon have business cards that look much like mine.
Sean is going to start making phone calls and interrupting family dinner times.
Sean is going to send out junk mail by the thousands.

But how does the public know to recognize the difference between a professional and a Sean?
Good luck Sean!

And good luck to the people who decide to use Sean as their loan officer.
They are going to need it!