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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Is your current job not providing a comfortable income source for you? Are you unsatisfied with your role? Are you looking to join the ranks of mortgage brokers to grow your income and gain more job satisfaction? Unlike other high-paying professions like becoming a doctor or a lawyer, there is a much shorter route to […]
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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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If you’re contemplating starting a career as a real estate mortgage broker, or you’ve already made the decision, you’re on the right path to job satisfaction. Unlike becoming a doctor or a lawyer, mortgage brokering requires less training and licensing, as per the ASIC. However, since mortgage brokers are licensed financial professionals, this is still a […]
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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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Mortgage brokers can leverage artificial intelligence and automation to help them understand more about their business potential and improve their service. Whether it’s dashboard business data providing insight or chatbots keeping customers happy – understanding the place of artificial intelligence in your broker business puts you ahead of your competitors. Why use artificial intelligence in […]
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As a mortgage broker, your day is a mixed bag of client meetings, financial recordkeeping, industry training and marketing activities. Managing such varied responsibilities requires a number of transferable skills. However, no matter what your career background, it’s likely you’ve already got some of the expertise you need to get started. Transferable skills for a […]
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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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It’s not always easy to slot straight back into your old job when you’ve got different priorities at home. Mortgage broking is a great option for Mums returning to the workforce because you can fit the hours you work around your family. In fact, ‘family reasons’ are the second-most cited cause of women leaving their […]
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