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Global One Lending |
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"Is Global One Lending a Real Opportunity?" |
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Global One Lending: Short Introduction
Global One Lending is a residential mortgage broker that employs multi level marketing business model. It was started by Quinn Dang and Robert Do.
Robert Do was a successful real estate broker with extensive knowledge and experience in residential mortgage. Quinn Dang was a financial planner who had established his credentials in the multi level marketing industry. These Vietnamese-American entrepreneurs joined hands in 2003 to bring in their collective expertise to establish Global One Lending.
Global One Lending Business Model
Global One Lending helps people find the mortgage loan that is tailored to fit their needs. Many of the country's leading banks and lending institution consider Global One Lending to be a major residential mortgage broker. With its well managed operations and detailed knowledge of the lending market, the company has grown very fast in the last six years. Within two years into existence, it had 6500 agents working under its umbrella. The company offers both confirming and nonconforming lending programs. Their networks of agents are trained to evaluate individual needs and offer convenient options to opt for. The agents are also said to be earning 36% or more on the gross profits on completed loans.
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While it has acquired great respect in the market and has proved itself, Global One Lending seems to be concentrating more on adding to its network of agents. This can prove to be a very myopic view. This can bring in lasting negative impacts into the quality of training imparted and personal productivity levels. Unlike other products based network marketing opportunities, service based companies' warrant quality training.
Conclusion
A major advantage of Global One Lending is that it is relatively new. The earlier you become part of any multi level marketing company, the better are your chances of building a wider network and sustaining income. Global One is well respected broker, which gives you the much needed credibility in the financial and real estate market. But the current economy is probably not the most conducive environment to jump into these markets. Unless you have some good knowledge and have an experienced mentor, there is a probability that you might burn your fingers.
Even in this fluctuating economy, there is no dearth of network marketing offers. If you are confident of making it in the residential mortgage market, Global One Lending might be right for you. For the less convinced ones, there are hundreds of opportunities waiting to be explored.
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