If you are just starting out in the working world, or are thinking about a career change, you may be considering mortgage brokering. But the big question for many pondering the switch is ‘What are my potential earnings?’ While other factors could feed into your decision to become a mortgage broker, like the chance to […]
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The mortgage broker industry is one whose fortunes are tied closely to the trends in the economy. When the economy is booming, people have the resources to purchase housing, and mortgage brokers find themselves flush with clients. What does 2018 look like for the Australian economy, and by extension, the mortgage broker industry? A mixed […]
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As of late 2017, Australia’s housing stock is worth over $6.7 trillion, making it our nation’s most valuable asset class, according to the Australian Bureau of Statistics. Mortgage brokers are integral to the functioning of this gargantuan market, and its fluctuations can greatly affect the average broker’s chances of success. With that in mind where […]
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The career of a mortgage broker is one that’s defined by freedom. Because you’re not being paid by the hour – but instead by how many loans you can settle – the income that you make is not directly tied to how long you spend working. It’s therefore a career that has the potential for excellent […]
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The term millennial, while not having an ‘official’ definition, generally refers to people born in the period from the early ’80s to the mid ’00s. With their oldest cohorts now in their early 30s and their youngest in their early teens, the millennial generation has been involved in the workforce for some time now, and […]
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Deciding to become a mortgage broker can be an exciting development in your life. After all, it’s a career where you get a chance to help people every day. Whenever you assist a client with making a deal, you’re helping a family move into a new home. You’re making the world a better place. The […]
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Communicative competence is an absolutely essential skill for those dealing with clients on a daily basis. Simply put, this concept focuses on the three E’s of language use: effectiveness, empathy and education. These are skills you will put to good use when you become a mortgage broker. Effectiveness: How to communicate meaning appropriate to each […]
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Whether you’re a looking to become a mortgage broker or you’re a an experienced adviser with a great clientele, you can directly benefit from joining a professional brokers group. A common misconception about professional brokers groups is that you lose commission earnings or have to sacrifice your own brand upon joining. When you join a […]
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If you become truly successful as a mortgage broker, you might take on so many clients that it’s difficult to handle them all yourself. If and when that happens, you may need to add to your staff by hiring a few additional brokers to work under you. This can be challenging. What sort of skill […]
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What factors could affect the success of your mortgage broking career? It seems obvious to say the demand for home loans, but CoreLogic RP Data research from February 27 suggests that demand is at near-record highs. Starting your career on the right foot is vital to keep your business ticking along smoothly, and right now is […]
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