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What Would I Do Differently If I Knew Then What I Know Now?

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Mortgage and Lending with George Souto NMLS #65149 FHA, CHFA, VA Mortgages NMLS #65149

I have been thinking about a blog Conrad Allen wrote back in May "IS THE TAIL NOW WAGGING THE DOG?", and it has had me thinking about What Would I Do Differently If I Knew Then What I Know Now?  There are several things I can think of I would do differently, but the one which sticks out to me the most is not starting my present career earlier in life.

Before becoming a Loan Originator I had already been in sales for 30 years, with 26 of those years doing  Industrial Sales. During those 30 years I always looked to incorporate new technology in what I did, as well as new ways to market myself better.  I also realized very early in my sales career that being the best meant continual training, and being informed about industry changes.

So when I made a career change into the Lending Industry, the same mentality continued. I am always looking for a better way to improve what I do, and being as up to date as I can possibly be about changes in the Lending Industry. This involves training, so I can best incorporate new changes to better service my Borrowers. I have made the Internet and technology a major part of my marketing, and accessing information which enables me to get the information my Borrowers require.

So what is my regret and What Would I Do Differently If I Knew Then What I Know Now?   I would have made the transition from Industrial Sales to Loan Origination sooner for a couple of reasons. 

  • First, as much as I enjoyed doing what I did for 26 years in Industrial sales,  there were changes going on as a result of the economy which had major changes on my customer base. The Industrial Sales I did involve Manufacturing and Warehousing.  These two industries began to leave Connecticut in the early 90's, and reduced my customer base.  With a reduction in my customer base, came a reduction in income.  If I had made the transition from Industrial Sales sooner I would not have taken as much of a financial hit as I did.
  • Second, while Industrial Sales provided me with a level of satisfaction and accomplishment, I find the satisfaction and accomplishment of helping, especially First Time Homebuyers purchase a house even more satisfying.  It is a satisfaction and accomplishment which is hard to put into words.  It is a satisfaction and accomplishment which has to be experience in order to truly understand.

My career change has proven to not only have been beneficial financially and improved quality of life, but also an opportunity for advancement I did not have before.  Today I have a team of Loan Originators who report to me, so I get to share what I have learned and continue to learn with them.  I get to be a part of helping them grow their business, and hopefully fulfill their career dreams.  But at the same time I am an Originating Sales Manager, which allows me the opportunity to originate loans, and continue to help Homebuyers achieve the American Dream of home ownership.

Life is to short to live it feeling like you should have made a different career choice.  You do not have to end up at a point in your life asking yourself What Would I Do Differently If I Knew Then What I Know Now?  I regret not having made my decision sooner, but I would have regretted it MUCH more if I had not made it at all.  So ask yourself What Would I Do Differently If I Knew Then What I Know Now?  And then act upon it before it is too late.

 

 

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 Info about the author:

George Souto NMLS# 65149 is a Loan Originator who can assist you with all your #FHA, #CHFA, and #Conventional #mortgage needs in Connecticut. George resides in Middlesex County which includes #Middletown, #Middlefield, #Durham, #Cromwell, #Portland, #Higganum, #Haddam, #East Haddam, #Moodus, #Chester, #Deep River, and #Essex. George can be contacted at (860) 573-1308 or gsouto@mccuemortgage.com

Posted by

George Souto
NMLS# 65149

C (860) 573-1308
CALL 7 Days/Wk
Fax (860) 760-6891

Email Me
About Me
My Blog

I am a Mortgage Loan Officer who can assist you with all your mortgage & refinancing needs in
CT, and RI

I can assist you with your Conventional,
FHA, CHFA, VA, USDA, & 203K loan programs.

I reside in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Haddam. E. Haddam, Higganum, Chester, Essex, Deep River.

 

Comments(11)

Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

So right George!  I have found my passion and love it everyday taking good care of my clients both buyers and sellers in RI real estate...it becomes the charmed life...even though I am tested now & then.

Jul 03, 2015 05:59 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi George.  Thanks for the mention.  I have enjoyed the 40+ year run in this crazy business.  Some tweaking but no major changes in my professional career.

Jul 03, 2015 06:10 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi George - Very thoughtful post. I have had several careers over the course of my life, all providing great satisfaction and tons of learning experiences, some of them difficult. I'm who I am today because of the journey, and I don't think I'd want to change that much, other than maybe buying a ton of derivatives back around the beginning of 2008.

Jul 03, 2015 07:37 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

When I first became a real estate agent in 1981, I had a whole lot of pure dumb luck.  For example, I decided to hang my license in a little Century 21 office, not far from my home.  That choice was extremely beneficial to my early success.  If you remember interest rates were 18 1/2%.  The market here in Sacramento was all but stopped in its tracks.  But, the agents in that office were experienced and generous with their support and training of me.  They hovered over me like a mother hen.  I spent 10 years in that office before it shut its doors in 1991 when our city endured the closure of 3 military bases, which decimated our economy for serveral years.  There's little I would do differently. 

Over the years, I have often wondered what it would have been like to be a really high volume agent.  I had high volume years, but I had always been driven to put quality before quantity, and overall I'm glad I made that choice!

Jul 03, 2015 07:58 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

George: I think many of us would say the same...sometimes things make sense when we are living them but in retrospect a move needed to happen long before it did. I know your RE clients are happy you made the change!

Jul 03, 2015 08:12 AM
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

You are SO good at what you do. I really think it is your calling. Thank you for sharing such valuable information with us every day! We appreciate it!!

Jul 03, 2015 08:14 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

George, great thoughts and sometimes it is fun to look back and see how things could be different had we made different choices.

Jul 03, 2015 09:30 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning George. I have been in the real estate and mortgage business for over 40 years, can't imagine doing anything else. We have an opportunity to make a difference in so many lives and make a good living at the same time.

Make it a great weekend!

Jul 03, 2015 08:45 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning George. You now make a real difference in more lives. Enjoy the day.

Jul 03, 2015 09:43 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I enjoyed reading about your decisions and how you ended up here today. I hope the future is equally bright.

Jul 05, 2015 12:14 AM
Randy Mitchelson,APR
Marketing Advisor & Squeeze Mortgage - Bonita Springs, FL
First Impressions are made at First Click

If I could it over again I would have been more aggressive about investing in tech stocks such as Microsoft, IBM, Google, etc. I'd be retired now!  

Jul 07, 2015 05:32 AM