I believe that the skill of public speaking is essential for any loan officer. Why is public speaking one of the most important skills for a loan officer?
• Positive differentiation. Most of our competitors are not effective public speakers. Therefore, by being a good speaker, we differentiate ourselves from the competition. Furthermore, it gives you a platform to demonstrate your leadership and expertise, which are also elements of differentiation. People want to work with those who are experts and especially those who are leaders.
• Effectiveness. Some tools are more effective than others. If you could have 20 real estate agents attending your talk and you deliver a presentation that makes 10 of them want to work with you, this represents the epitome of efficiency. How many one-on-ones with agents would it take to achieve the same results — especially when you consider the time taken to chase the agents to set up appointments?
• Value. Speaking is not only a platform to demonstrate leadership, speaking represents a platform to deliver added value in terms of education.