Granoff Shares Tips on Acquiring More Structured Settlement Payments
Davie, Florida (July 18, 2013) – Martin Granoff of Granoff
Enterprises is offering cash flow industry professionals some valuable
tips on how to acquire more structured settlement payments.
He discusses these in one of his articles entitled What Kind of Deal
Flow Have We Been Experiencing?, published on CashFlowExclusive.com.
In the article, Granoff highlights that the number of people who are
looking to cash in on their future payments has grown steadily over the
last few decades. These people hold annuities, casino prizes, or contest
and lottery winnings, and have realized the need to convert these
structured payments into lump sums. This may be because they are
starting business endeavors, paying unexpected medical bills, facing
forced pay reductions, or the loss of a job.
Even if some cash flow brokers recognize this demand, they still have a hard time searching for clients who are looking for a buyer of an annuity structured settlement
and who they can trust to give the best deal possible. Granoff shares
that the problem lies in brokers' inadequate prospecting and marketing
skills—weaknesses they can improve on by taking his helpful tips.
First, he advises them to examine if they have been members of
several chambers of commerce and if they introduce themselves to more
people during special events. He says that they should avoid talking to
the same sets of people in order to expand their network of prospective
targets.
Next, they should think if they have been talking to enough
accountants, attorneys, financial advisers, realtors, and insurance
agents about what they are doing. He advises brokers and cash flow
professionals to keep on calling and talking to more people from these
sectors and never lose hope whenever they get negative responses.
Mortgage brokers are another set of people that cash flow practitioners
should also coordinate with when it comes brokers' turndowns and
alternative ways to provide financing.
Lastly, Granoff notes that building good relationships with personal
injury attorneys may yield outstanding results as far as finding cash
flow clients is concerned. These lawyers help people secure structured
settlements and may provide client referrals in the future.
For more information on cash flow and Granoff Enterprises' services, visit www.GranoffEnterprises.com.