How Independent Mortgage Professionals Can Make an Impact on Their Community

 

The Importance of Giving Back to Your Community

Giving back to your community has never been more important than it is today. We all know the joy and humility that comes with giving back and as a small business owner, it’s a way to stay connected in ways that reach beyond business.

With the hustle and bustle of running your business, you may at times feel overwhelmed with the thought of adding more to your plate. If giving back to your local community has been pushed to the back burner, it’s important to take a moment to understand how big of a difference it can actually make.

Let’s take a look at a few ways you can make a positive impact in your community.

3 Ways Mortgage Professionals Can Make an Impact

1. Support local small businesses

Whether you’re celebrating a big company win, an employee milestone, or just looking to treat your team to lunch, determining where you can celebrate makes a big difference. Instead of ordering from your go-to chain restaurant, take a look at the local restaurants in your area. Not only will you have a delicious meal, but you’ll be helping out another local business right down the street.

Remember your local shops and service providers. For example, if you’re looking to paint or remodel your office, hire a local painter or interior designer. Need new company headshots? There are many eager local photographers out there ready for your business. Same thing goes for office supplies or closing and referral gifts.

2. Invest in a local sponsorship

Sponsorships are a great way to help local organizations, while also promoting your brand in the community. Are there any local events that happen every year you could sponsor? What about youth sports teams? These types of organizations are always looking for additional funds, and they typically come with some sort of trade-off, such as having your logo on fliers or t-shirts.  

The good news is, this usually requires little time commitment, so you can give back and receive local brand awareness by simply purchasing a sponsorship, but it also never huts to put in some face time to make personal connections as well. Additionally, you could consider co-sponsoring local organizations with an industry referral partner, like a real estate agent or builder. When you work together to give back, you can make a larger impact on your community while also promoting your services.

3. Host a local volunteer day with your employees 

Consider setting aside some time each year or quarter for an employee volunteer day. Check out food pantries and soup kitchens or research local groups who are helping to rebuild homes or clean up neighborhoods. There are an abundance of local organizations out there who would be grateful for some extra help.

A team volunteer day also has the opportunity to boost employee morale and can open your eyes to the support your community truly needs. Having a more deeply rooted understanding will also help you better position your business to help more people.

As a local mortgage professional, immersing yourself in the community not only allows you to make a large impact, but it also expands your referral network. Small businesses support each other, and as you build relationships with other small business owners, you’ll have the opportunity to refer prospective clients to one another. Never underestimate how much your involvement in other things can impact your business. 

Ready to help make an impact on your community by becoming an independent mortgage broker?