Australia’s largest mortgage brokerage is looking to expand its regional presence, with plans to open more regional stores in the next 12 months.
Speaking with The Adviser, Aussie’s national head of retail Vaughan Fowler said the company is actively looking for franchisees in regional areas such as Wagga Wagga, Bendigo and mining towns across the country.
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“What we find is that, due to the strength of the Aussie brand, our stores that operate in regional areas generate an enormous amount of enquiry,” he said.
“That’s probably due to a number of a number of factors – the strength of our brand and our national advertising, but also the ability of the regional operator to become heavily involved with the local community.”
Aussie has set a target to expand its retail channel by 16 franchisees over the next financial year and is seeking a particular type of broker.
“In terms of the type of broker we are looking to recruit, in the retail or franchise channel we are looking for experienced mortgage brokers or experienced business people,” Mr Fowler said.
“The type of people that can really leverage the brand, operate a good financial services business and more importantly has the willingness and motivation to really seek to dominate their local market.”