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The best way to predict the future is to create it


You’ve most likely seen the talking heads on TV and YouTube share their forecasts for the economy and housing market. I’ve done the same on our weekly show, The Industry Leader Update. That said, being knowledgeable about what may come to pass may help you prepare for change, but in the end, it doesn’t matter as much as what you do.

“The best way to predict the future is to create it.”
– Abraham Lincoln

The 16th President of the United States, Abraham Lincoln is credited with saying, “the best way to predict the future is to create it”. This a surprising proclamation considering his string of failures ranging from losing an election for the state legislature, a failed business, the loss of the love of his life to typhoid fever, and a failed bid to become a U.S. Senator to name a few. Yet from this impressive record of failure came a man who believed his actions could move the course of events. History confirms that he certainly did.

Here are a few examples of how you can create your own future.

“I want to increase my sales closing ratio of qualified prospects.”

Examine your sales approach. Ask a colleague to role-play a phone call or in-person meeting and get their feedback. Read books on sales and the psychology of sales. Develop a narrative style of sales that is natural. Learn how to use the Socratic method to uncover underlying motivations and objections. Practice your new techniques and perfect them. Measure your closing ratio each month and track your progress.

“I want or need more leads!”

Look to see where your leads are coming from and where a previous source dried up—schedule at least 2 hours each week for outbound sales calls. Begin or intensify your contacts with potential referring partners and build relationships with area professionals. Scrutinize your website. Are you receiving any interest from local homeowners? If not, check your Google ranking by searching “reverse mortgages <your city>” and see where you stand. If you’re not showing up ask us about our geo-centric local reverse mortgage landing pages here. Partner with traditional mortgage lenders and brokers in your community for reciprocal referrals. Educate them on the ideal potential reverse borrower.

“I’m worried about falling home values”

Home values may decline well into 2023. The frustration of losing loans due to low valuations is undeniable. But there’s another undeniable fact. Not every older homeowner has a sizable mortgage balance which makes qualifying for a reverse mortgage problematic. The trick is to find those with more of an equity cushion to work with which will require creativity, networking, and research.

Predictions to be frank are unpredictable. No pun intended. However, putting your new and existing success-producing habits to work has predictable results: more satisfaction, less frustration, and more positive outcomes in a market where negativity abounds.


Editor in Chief:
As a prominent commentator and Editor in Chief at, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
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