Login
ISCOVER
Staff Reporter
One aggregator is enjoying a surge in broker numbers, with 13 groups signing up with the company in the last two months.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
Vow chief executive officer Tim Brown attributed the recent surge in mortgage broker numbers to its flexible commission offerings, a new product suite and a focus on service.
“There is real interest in the market in joining Vow,” he said.
“After two years we have got some great traction, and it’s now got to the stage where we have had to employ a specialist, Amy Dimech, as broking on-boarding manager, to handle the influx of broking firms entering our business.
“We have had a real focus on recruitment and we are starting to reap the rewards. It’s a trend we expect to continue with a growing number of inquiries from broker groups looking to switch aggregators – anecdotal evidence of a trend that reflects a recent industry survey that showed that 44.8 per cent of groups are looking at reviewing their current agreement in the next 12 months.”
Property Secrets’ director Paul Giezekamp said while he has had good relationships with a number of aggregators, they were never able to offer the customer service or the additional product range that Vow does.
“Our move to Vow was calculated. We had evolved as a business to a point where we needed to partner with an aggregator that not only understands what we do, but what we need and want as well,” he said.
