April 28, 2024

Advice from TexasLending.com | Handling Customer Reviews

TexasLending.com

TexasLending.com

Over the past decade, TexasLending.com has seen the impact that growth has on a business. Currently processing thousands of loans each year, the Dallas-Fort Worth-based mortgage lender makes every effort to ensure each customer experience is a fulfilling one. But even when a business like TexasLending.com takes extreme measures to please every client, the occasional unhappy customer is unavoidable.

The first thing a business should do is work directly with the customer during every step of a transaction to avoid an unhappy customer at the end, TexasLending.com advises. TexasLending.com has found that having a customer satisfaction survey available can sometimes pinpoint a customer’s dissatisfaction. Businesses with customer satisfaction surveys should carefully review each survey and address any problems with the customer directly. TexasLending.com finds that in many cases, this can resolve the issue.

Unfortunately, says the team at TexasLending.com, the problem isn’t always something within a company’s control. Sometimes, TexasLending.com customers have been dissatisfied with a title company or had issues with the loan process itself that are outside of TexasLending.com ’s control. By carefully explaining the entire process with a customer, TexasLending.com can give a customer realistic expectations about closing his or her loan. In some cases, this has prevented a customer from developing negative feelings due to misunderstandings.

According to TexasLending.com, however, statistics have shown that most dissatisfied customers never say a word to the company. Instead, those customers complain to friends and family about the experience. And, because of the easy access of social media sites, blogs, and online review sites, TexasLending.com reports that online “word of mouth” can have a much more powerful impact, making it more important than ever to try to avoid garnering negative reviews before they’re even posted.

Once a negative review is posted online, TexasLending.com says that mediation can be tricky. Some businesses have had luck in directly contacting the customer to make amends, but this can also backfire. In fact, TexasLending.com has heard of cases where this contact only further incensed the customer, causing more damage. Still, offering a discount on future purchases or a partial refund can sometimes be enough to cause a customer to reconsider. Each circumstance needs to be resolved on its own merits.

To stay on top of your business’ online reputation, TexasLending.com recommends regular searches for mention of your company name. Also, having an active presence on social media sites can encourage customers to post negative commentary directly to you, rather than on their own pages, over which you have no control. Monitor Twitter for mentions of your business name and watch your Facebook fan page often. Be sure to regularly interact with those who comment to your post, TexasLending.com advises. This will establish your business as one that cares about its customers’ well-being and satisfaction, leaving customers with the feeling that they can come directly to you if they ever have a problem.

TexasLending.com emphasizes that the vast majority of its customers give rave reviews about its services. So while an occasional negative review may find its way online, for businesses, the key is to focus on the great reviews coming from the majority of customers and simply continue to try to give the best customer service possible.

For more information, visit Texas Lending online at www.texaslending.com.

TexasLending.com
4100 Alpha Rd.
Dallas, TX  75244
NMLS# 137773

 

Thaddeus Heffner – Keeping Our Stories Real

Licensed Marriage and Family therapist Thaddeus Heffner believes each of us sees the world through our own perspective. Because of this, says Thaddeus Heffner, many individuals never progress beyond seeing the world through his or her own tiny window. However, there are many perspectives with which to view life. In this brief conversation, Thaddeus Heffner speaks about the importance of keeping our stories authentic.

Interviewing Experts: When you refer to someone’s ‘story,’ what do you mean?

Thaddeus Heffner: When we see or experience something, we assign a story to it. It’s the way we perceive the things we see.

Interviewing Experts: Is this story always accurate?

Thaddeus Heffner: Not at all. Sometimes the story is accurate, but often we take the sensory input we’ve experienced and translate it in a way that is a huge leap in comparison to what is actually happening, or what happened.

Interviewing Experts: That sounds a lot like paranoia.

Thaddeus Heffner: You could say that. An example I use is when someone sees a group of people who all look at him or her and start laughing. The reality is, they may be laughing at something completely unrelated, but the person is sure they’re all laughing at him.

Interviewing Experts: Of course then, you don’t react well to that group of people because of perception, right?

Thaddeus Heffner: Exactly. I assume they’re talking about me and shut down, so I never take the chance to get to know them. Because of that, I end up isolated and miss out on a great opportunity to meet someone new.

Interviewing Experts: What can a person do to break that cycle?

Thaddeus Heffner: First and foremost is to reframe the way you think. I work with clients all the time to accomplish that.

Interviewing Experts: What does that process look like?

Thaddeus Heffner: Well, in the case I cited above, instead of assuming the other person is laughing at them, I tell my clients to see that group of people as a group who knows how to have fun and has a great sense of humor.

Interviewing Experts: So, for instance you might suggest that he or she introduce themselves to the group of laughing people at the party?

Thaddeus Heffner: Sure. Why not?

Interviewing Experts: Are you saying that part of thinking differently is to begin to see things differently?

Thaddeus Heffner: Right! Not just seeing the situation differently, but also processing it using the logical part of the brain to come up with a more factual interpretation of events.

Interviewing Experts: Do you believe we create these false stories out of fear of rejection?

Thaddeus Heffner: I do. A lot of times it’s easier to make those kinds of assumptions than to get to know people and risk being rejected.

Missed Fortune: Why Insurance Companies Are Safe

Douglas Andrew

Douglas Andrew

Missed Fortune’s Douglas Andrew knows the financial uncertainties many are experiencing today. Through the Missed Fortune workshops and books, Douglas Andrew explains the importance of liquidity, safety, and rate of return in investments. Today, the Missed Fortune founder talks to Interviewing Experts about the insurance industry and how it manages to survive through every economic downturn.

Interviewing Experts: In the Missed Fortune educational materials, you talk about insurance companies having a high rate of return. Can you explain what that means?

Douglas Andrew: On many of the general account portfolios that we review, there will be a yield that turns over very slowly. Last fall, I was visiting a particular insurance company in Minnesota. They were reporting on the two trillion dollars worth of assets they manage.

Interviewing Experts: Two trillion?

Douglas Andrew: Two trillion. Do you know that’s the amount the Federal government collects in income tax a year? And this institution, which has far fewer employees, manages two trillion dollars.

Interviewing Experts: Even in this economy?

Douglas Andrew: In this low interest environment, where many business and investors are struggling, this particular company has a portfolio rate of about 6.18 percent.

Interviewing Experts: But aren’t interest rates relative?

Douglas Andrew: Yes. For example, back in the 80s, I was earning on my conservative insurance contracts amounts in the 13 percent range.

Interviewing Experts: That was a different time, though.

Douglas Andrew: At that time inflation was 10 percent and CDs and banks were paying at ten.

Interviewing Experts: The insurance company you’re describing was paying 6.18 percent in this low-interest environment, though.

Douglas Andrew: They were paying 6.18 percent and they used about one percent of that for their overhead.

Interviewing Experts: So this particular insurance company provided a high rate of return…

Douglas Andrew: Even in this environment, Missed Fortune found that a consumer could have a net rate of a return of about 5.2 percent.

Interviewing Experts: And that’s tax-free?

Douglas Andrew: Yes, that would be tax-free. That money is in a liquid environment, safely and predictably earning a good rate of return, which, as anyone who is familiar with the Missed Fortune workshops and educational materials knows, is the crux of my message.

Interviewing Experts: Can you explain what you mean by “LASER?”

Douglas Andrew: LASER is liquidity, safety, and rate of return.

Interviewing Experts: You mention in your Missed Fortune workshops that the insurance business is less risky.

Douglas Andrew: Insurance companies are professionals at managing risk. Missed Fortune has found that because of this, insurance companies always maintain liquidity of principal.

Interviewing Experts: This has been great advice, Mr. Andrew. Thanks for speaking with us today.

Missed Fortune’s Douglas Andrew provides financial strategies to clients throughout the U.S. For more information on Douglas Andrew and Missed Fortune, visit www.missedfortune.com.

Kyle Thomas Glasser on Traveling to Australia

Kyle Thomas Glasser

Kyle Thomas Glasser

Australia is a beautiful place to visit with great scenery and beautiful locations to view. You will not get bore by visiting Australia and all the nice location it has. One of the people who will tell you that Australia is a great place is Kyle Thomas Glasser. Kyle has plans to visit Australia and view specific locations he believes holds a lot of beauty.

The Great Barrier Reef- is an exciting place where you can see the Coral Sea together with Queensland. This has a large coral reel with more than 900 islands and this is the place Kyle believes holds a lot of beauty. This place is over 2,600 kilometers and it is now known as World Heritage Site. Kyle intends to see the turtles, sea snakes, porpoises, dolphins and fish among other water animals.

Sydney harbor-is a great place to see visit and Kyle has plans to view its location. It has its own natural harbor and not forgetting the amazing Fireworks at the eve of the New Year. Kyle being a fan of music intents to visit Sydney Opera House with the great concert hall, two amazing theaters, playhouse, very good studio and even a Forecourt. It is amazing how the place has great location and you enjoy seeing the city at night.

Tasmania-Kyle knows the beauty of the world and thus the amazing Tasmania Island is the place to be. There is natural scenery and within the364 km by 306 km area of land that holds a population of 500,000. Beautiful rocks and all the mountainous views that is available. There is Mount Ossa and not forgetting to view the Great Oyster Bay. This is a place with beautiful wildlife including tigers and birds.

Brisbane-Kyle knows about Brisbane the huge Australian city which is found in Queensland. There are many great night spots for people to visit and the amazing cuisine that is offered. The weather here is quite accommodative therefore there are no extremes that will deter Klye from travelling in this place. Museums, historical structures and South Bank Parklands are great place Kyle intends to see.

The Great Ocean Road-is an amazing location to visit and Kyle Thomas Glasser knows this too well. This place has very nice scenery which covers an area of around 200 miles through the coastline of Victoria. There is no harm in visiting any time of the year and you will find great food. Kyle has great plans to see these places and still pursue his medical career successfully.

Missed Fortune Author Discusses His Personal Experience with Liquidity

Missed Fortune (missedfortune.com) helps individuals create liquidity from their real estate equity through time-tested strategies. Douglas Andrew and his team of professionals work with Missed Fortune clients to increase liquidity and rate of return on assets. Andrew recently spoke to Interviewing Experts about his own personal experience that propelled him to write the national bestseller, Missed Fortune, and its follow-up, Missed Fortune 101 in an effort to help others.

Interviewing Experts: Thank you for speaking with us today, Mr. Andrew. In your Missed Fortune books and workshops, you refer to the “Laser Test.” Can you tell us a little about that?

Douglas Andrew: I sure can. In this context, “Laser” stands for “Liquid Assets Safely Earning Returns.” This is an important concept that I’ve emphasized in all of my workshops, and this acronym allows my attendees and readers to remember these steps in that exact order.

Interviewing Experts: When you refer to “liquidity” in your Missed Fortune workshops and videos, what exactly does that mean?

Douglas Andrew: Liquidity simply refers to the ability to get to your money when you need it. Missed Fortune has found that many individuals, businesses, financial institutions, and even governmental entities get into trouble when they lack liquidity.

Interviewing Experts: In other words, you mean money that an individual or organization can’t access, like a 401(k) or real estate equity.

Douglas Andrew: Exactly.

Interviewing Experts: Prior to developing Missed Fortune, you had a personal experience that helped you learn the value of liquidity, is that correct?

Douglas Andrew: Yes. When my wife and I built our first dream home, we moved in without using any of our own money. The home appraised for double what we paid for it, so we thought we had it made.

Interviewing Experts: Did you make extra mortgage payments?

Douglas Andrew: No, as I describe in my Missed Fortune workshops, I learned early on that the key to getting out of debt is not by paying extra principal payments.

Interviewing Experts: Many people don’t realize that.

Douglas Andrew: I’ve also never paid a down payment for any real estate I’ve acquired. This is advice I go into in more detail in several of the Missed Fortune educational videos.

Interviewing Experts: With that third home, you fell into some hard times, as you describe in the Missed Fortune videos.

Douglas Andrew: Unfortunately, yes. The energy crisis hit homeowners hard in the early 80s and that, combined with some events in our lives at the time, caused us to fall behind on our mortgage payments. We decided to put our home on the market but, as many Americans know all too well, it wouldn’t sell quickly enough.

Interviewing Experts: I’m sure many homeowners today can relate to that in this current economy.

Douglas Andrew: Eventually, the home went into foreclosure, which taught me a valuable lesson. As I explain in the Missed Fortune videos and workshops, personal experiences in life can either make you bitter or make you better.

Interviewing Experts: These lessons led to the advice you give today.

Douglas Andrew: Through Missed Fortune, I help others understand what I learned, which is that real estate equity, when it’s trapped in a property, is not liquid when you need to get to it. We have created a series of videos that teach these principals, and your readers can learn more by visiting our website at www.missedfortune.com or www.youtube.com/missedfortune

Interviewing Experts: We appreciate your taking the time to chat with us today.

Douglas Andrew: The pleasure is indeed mine.