Redrock has been named as one of the top brokerages in Australia after securing a place in The Adviser’s Top 25 Brokerages ranking 2022. The Top 25 Brokerages ranking has been revealed in the February 2022 edition of The Adviser, Australia’s top publication for Australian mortgage and finance brokers. The Top 25 Brokerages ranking is […]
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While there are qualifications and licenses to pursue when becoming a mortgage broker, there is no way to learn the ropes like learning from experience. But until you build your own experience, you can lean on the experience of those who have already witnessed many of the ins and outs of the mortgage broking business. […]
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Aggregators in the mortgage broker sector essentially serve as a funnel for leads, allowing brokers to decrease their risk exposure with secured investments. Additionally, aggregators offer a variety of business resources and marketing materials to help mortgage brokers succeed. But what does that actually mean in practise? Volume is the name of the game for […]
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The average annual up-front and trail remuneration of a mortgage broker reached $133,365 for the period spanning April 2018 through September 2018, according to the Mortgage & Finance Association of Australia’s 7th Edition of Industry Intelligence Service. This represents a 0.43% increase over the previous six-month reporting period, and the average has remained relatively consistent […]
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Thinking outside the box in the broker industry means getting creative with your approach to business. Whether it be finding personalised solutions for customers, reaching different clients with new marketing platforms or coming up with new ways to expand your industry knowledge – you must think beyond your standard way of doing things. How to […]
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Winning a sale is one thing, continuing to benefit from it in the years to come is another. A mortgage is a long-term commitment for your customer, and a big financial investment, so it’s not surprising that they may have one or two questions in the months after your sale. If you can provide good after-sales […]
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Life in the mortgage industry is pretty busy. You may have customers, lenders, other brokers and real estate agents to juggle, all competing for your attention. To keep yourself sane and get your broker business working to maximum capacity, you need to optimise your workflow. Take a look at your work processes and ask yourself […]
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As a mortgage broker, if you know how to market your business, there shouldn’t be any shortage of potential clients. Almost 30 per cent of homebuyers in Australia now seek assistance from a mortgage broker in finding the right loan, according to Money Management. The figure increases to nearly fifty per cent amongst those aged […]
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If your business already deals with clients who may benefit from credit advice or lending services, then you should consider adding a mortgage broker service to your business. With commission generated from mortgage broking in Australia in the region of $2 billion annually, according to a Deloitte report, it makes financial sense to see what you […]
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Mortgage broker business recruitment is no different to recruiting in other industries. Your goal is find someone who will excel in the role, in a timely and cost-effective manner. But anyone who’s hired people before knows this isn’t always an easy task. Here are some tips for saving time when recruiting for your mortgage broking business. […]
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