Should should serve as my referral /per email
Dear Investor,
I hope this email finds you well.
God willing, we just had our best month ever. After years of navigating a tough market, we're finally seeing GPARENCY’s vision bear fruit. The market is finally understanding that while you need a mortgage broker, fees shouldn't skyrocket with the size of the deal. Our capped fee model with options is resonating with clients.
Production is on fire!
Last month was a game changer. We originated 72 new deals, totaling almost half a billion dollars. This is a huge leap from our first six months of 2024 average of 46 deals per month. Year-to-date, we converted less than 8% of our loan submissions, but that’s trending upward. We anticipate converting at least 10% of last month's deals and expect to improve this number while continuing to flood the pipeline with new loans.
AI is changing everything.
We've developed a powerful AI tool called REED (Real Estate Education) to accelerate broker training. This internal tool has significantly improved our onboarding process, allowing us to reduce management overhead by two positions.
On the client-facing side, we’ve launched Andre, our AI mortgage broker. Andre provides clients with real-time rate and banking information. Our strategy is to convert a percentage of these clients into GPARENCY brokerage clients. Please check out Andre at beta.andre.gparency.com. With our proprietary banking data and the AI revolution, we’re building a massive advantage at minimal cost.
Our farm system is working.
We've perfected our broker hiring process. We have 100 new brokers in training and are adding 12 more each week. Turnover is high, but we’re steadily building the largest origination team in CRE.
We’re cutting costs.
Despite this growth, we’ve slashed monthly expenses from over $1.2 million to under $450k.
How you can help:
Your support has been instrumental in our success, and we value your partnership. To further accelerate our growth, we kindly request your assistance in referring potential clients to GPARENCY. By introducing us to individuals or businesses seeking mortgage brokerage services, you’ll be directly contributing to our shared success. We offer three flexible fee options to meet diverse client needs:
Half a point capped at $100k
Same full brokerage but only pay $11k upfront.
$4,500 full brokerage but we stop at the term sheet.
God willing, this is the start of something big.
As we move forward, our vision is to become the industry leader in mortgage brokerage by providing unparalleled service, innovative technology, and exceptional value to our clients. With your continued support, we are confident in our ability to achieve this goal and deliver substantial returns to our investors.
Thank you for your investment and partnership.
Thanks,
Ira Zlotowitz | Founder & CEO
AI is changing everything.
We've developed a powerful AI tool called REED (Real Estate Education) to accelerate broker training. This internal tool has significantly improved our onboarding process,
allowing us to reduce management overhead by two positions.We’re cutting costs.
Despite this growth, we’ve slashed monthly expenses from over $1.2 million to under $450k.
