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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Setting long-term goals for your broker business starts with knowing what you want to achieve. Your goals must be aligned with the hours you can commit to growing your business, and the resources at your disposal. Determining your long-term broker goals Remember that you need to be dedicated to your goals over a sustained period of time, […]
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Building your personal brand can help you make your business extra recognisable. With the right brand, prospective clients will think of you when they need a mortgage loan. Your branding projects a message to the world about what you offer, and how you offer it. It influences how people perceive your business, and could be the […]
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When planning a road trip to a new destination, we always make sure we have a map handy to ensure we don’t get lost along the way. Why should life be any different? Whether it’s to further your career as a mortgage broker or to achieve goals in your private life, a personal development plan […]
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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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The career path to becoming a mortgage broker involves a mixture of study and experience. As well as a certificate in mortgage broking, you’re required to work closely with a mentor to build your knowledge and experience. However, there’s no need to have a particular background, such as real estate or banking. Anyone can become […]
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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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