To discover the best franchise brokerages in Australia in 2021. Australian Broker sought feedback from franchise brokerages as well as brokers across the nation. Australian Broker surveyed hundreds of brokers across the country to gauge their views on franchise brokerages for the 5-Star Awards. Brokers were asked to determine what features of a franchise were […]
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If you are embarking on a new career as a mortgage broker, you may or may not be aware of the various types of franchises you could participate in, or even start. Just as there is no single type of client, there is no single loan that operates as a one-size-fits-all approach. Similarly, there isn’t […]
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Beyond earning the credentials and licencing to become a mortgage broker, there are additional ways to find success and boost your earnings. One such way is to partner with a mortgage broker franchise. Mortgage broker franchising works the same way that other more familiar franchising works. Take fast food, for example. Entrepreneurs and small-business owners […]
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Buying into a mortgage broker franchise is a great option for anyone wanting to start their own business, but with limited investment power or a lack of experience. A franchise owner will know how to get new finance brokers started quickly, and will usually offer training, software, and marketing support as part of the package. […]
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Start-up costs need to be accounted for in almost any new business. At Redrock, we provide many of the essential tools as part of our mortgage franchise opportunity, including professional memberships. However, there are still a few things that a new finance franchise needs to have in place ahead of trading. A place to work […]
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To stand out from the almost 17,000-plus mortgage brokers in Australia, you’re going to need a point of difference. Most brokers struggle with this because they try to cater to the same target audience as most of their competitors, and don’t provide anything different. Lots of brokers try to offer every type of loan to every […]
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Mortgage brokers have many options available when it comes to choosing how to work. Some brokers work for a specific finance group or real estate agent, while others work for large broker businesses. Another option is to own a franchise broker business. Working with the support of the umbrella brand, a franchise can provide national […]
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With the dream of owning their own home becoming less of a reality and more of just that; a dream, Australians are finding it tougher to meet the stringent credit criteria put forward by traditional lending companies. Redrock has emerged as a leader in flexible, customer focused finance solutions, tailoring their services for borrowers whose […]
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Australia is home to around 17,000 brokers, so there’s no doubt it’s a crowded space in which succeed. With so much competition, building a successful mortgage broker business requires more than just good marketing and a panel of lenders at your disposal. In this space, being successful is about differentiating your offer so that you […]
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As a mortgage broker, your business model is concerned with how you’ll find both clients and lenders, as well as how you’ll persuade them to work with you. You’ll also be looking at whether you charge the lender on a commission basis, or the borrower on a cost per service model – and how that […]
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