Staff Reporter
The sluggish property market has not stopped one aggregator from achieving record settlements.
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Yesterday, Connective revealed it had settled loans totalling $1.497 billion in November and $1.458 billion in December.
Speaking about the aggregator’s record results, principal Murray Lees said he was pleased with the company’s achievements and was looking forward to a productive 2013.
"Our settlement volumes continue to increase at an impressive rate and our figures for November and December speak volumes about the hard work and dedication of our member brokers,” Mr Lees said.
“As an aggregator, we are highly focused on settlement figures as it’s the only statistic that impacts the income of our brokers.
“We continue to invest in our brokers by providing them with the knowledge and resources to write more business and to run more profitable brokerages.
“These settlement figures demonstrate that our investment is paying off for our brokers.
“2013 is shaping up to be one of our best years on record and our brokers are optimistic about the opportunities that will come forth in the year ahead.
“We are very close to eclipsing the $1.5 billion monthly settlement milestone and we’re confident that mark will be surpassed shortly.
“Our ongoing success is testament to the dedication of our member brokers and is a reminder of the opportunities which remain despite uncertain market conditions.”