Loyalty & Persistence - It's hard to come by anymore

I know that I'm an incredibly loyal person.  I have worked for the same company for over I am the VP of a national mortgage company as well.  I worked at Norwest Mortgage for 7 years until the merger with Wells Fargo.  I came here in 2000 and am now on my 8th year at Cherry Creek Mortgage.  I'm married for 10 years and have 5 kids.  Same wife too.....

Anywho....I've come to notice that be it in marriage or work that loyalty is only going as far as what's good for the moment.  My branch has incredible loyalty, but I must say, last year during the tough times, the upfront money that Countrywide wrote to three of my originators was enough to entice them to go elsewhere.  Now all but one has left and one has come back as well.  It seems that when times get tough the true character of a person comes to surface.  Sure, money is incredibly important, but money won't make the world spin any better for many.

I see it in marriages as well.  I have a friend who just got tired of the same woman/wife/mother of 12 years and just decided that he needed to branch out during the marriage.  They're now divorced.  He tried to reconcile, but she said she gave everything to him except permission for an open playing field.  Now he's a bachelor as a result of his actions.  

I guess my point is that tough times come in life and in our business.  Those that can fail or fall down and get back up and keep going are the ones that win in the end.  My dad always, and I mean always, told me "10% brain power, 90% ass power." I heard it for years.  When I stunk in high school (I didn't apply myself), in college, going for a Master's Degree, and in law school, and finally at work. 

I can tell you that applying that persistence will always net great results be it in marriage, your relationship with God (keep seeking), work...YES AT WORK.  Most people think that by giving it a good 2 weeks, or 2 months that if they're not netting out the desired results that it's time to move on.  Friends, great successes come from great challenges.  Being loyal is a measure of persistence.  Those who are always looking for the next big thing NEVER HAVE THE ABILITY TO BUILD SOMETHING GREAT FOR THEMSELVES. 

I love my life.  It hasn't been easy, but I love where I'm at and where I'm headed.  I think that this market requires people to be loyal and persistent now more than ever.

Your thoughts

 

13 Comments on Loyalty & Persistence - It's hard to come by anymore

I totally agree with you persistence is what will get the job done.

03/04/2008 09:27 AM by Matthew Zgonc, REALTORĀ® for Modesto, CA (ERA Village One Real Estate)


Larry,

Everything worth having takes work and commitment......loyalty is lost for the almighty dollar.....stick to you values and you will succeed....it wont be easy, yet you will respect yourself and others will too.

03/04/2008 09:29 AM by Dan Brudnok - ePRO, ABR, CSP - Chester County, PA Real Estate Pro (Keller Williams - Exton - PA License Number #RS225179L )


Great Post...Loyalty is hard to come by.  Congrats on 10 yrs of marriage and 5 kids!  Now that takes Patience and Loyalty!

03/04/2008 09:47 AM by Sherry Bradley (Fidelity and Trust Mortgage)


Matt . . . Great comments...persistence will do it.

Dan....more great comments....never lose the vision.

Sherry...Thanks....lots of patience...more by my wife than me.

Pete T....I never left Norwest.  Norwest left me and became Wells as you are well aware.

03/04/2008 01:41 PM by Larry Bettag - Cherry Creek Mortgage


Larry,

If my clients would be as dedicated to me as I am to them, it would be wonderful. But, in today's society that is not usually the case.

03/04/2008 02:28 PM by Mike Frazier, Dyersburg Tn Real Estate (Carousel Realty of Dyer County)


Larry, your last paragraph says it all.  You love your life and what you do.  It makes the dedication and loyalty an easy thing.  Good for you!

03/05/2008 09:28 AM by Peggy K - Illinois Virtual Tour Provider and Real Estate Photographer (Grand Property Virtual Tours)


Hi Larry,  loyalty is huge for me as well, as is gratitude.  It is hard sometimes when I expect others to operate in the same manner and with the same values that I hold.  I set some folks up for failure, especially those over me by expecting that I will be treated in the same way that I would treat them.  Good post!

03/05/2008 10:19 AM by Rich Sweum (Homestead Mortgage)


Mike...that, my friend, is called perfect utopia.

Peggy K....I love your comments...thanks for the nice thoughts.

Rich...thanks dude....it's hard when you always do the right thing isn't it. 

03/05/2008 04:14 PM by Larry Bettag - Cherry Creek Mortgage


this is good, you are good, good stuff.  Persistence does payoff.  

03/06/2008 06:26 PM by Ginger Wilcox, Marin County Realtor (Pacific Union, Marin Real Estate)


Thanks GW...it seems that you are back on your feet.  Glad to see you some more....

03/06/2008 09:53 PM by Larry Bettag - Cherry Creek Mortgage


Larry - I agree with you, loyalty and persistence are critical, necessary traits in today's market. Being 100% repeat and referral for so many years and moving to Internet leads has been a real lesson for me. But like you, I know that loyalty is the way, and will always contribute to our success. Great post.

03/07/2008 09:08 PM by Karen Cooper - Quality Home Loans, Inc.


I agree with your post.  So many give up too early.  I notice to many people with little faith. 

03/08/2008 01:35 AM by Chuck Carstensen (Re/max Associates Plus inc)


Thank Karen....I think you'll get referrals through the persistance with your database;

Chuck....the faith is definitely lacking today.

03/08/2008 09:31 AM by Larry Bettag - Cherry Creek Mortgage


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Mortgage Company: Larry Bettag - Cherry Creek Mortgage
Larry Bettag Illinois FHA Specialist
Saint Charles, IL
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