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ISCOVER
Staff Reporter
Proving the construction market is alive and well, Loan Market Group’s Victorian-based construction team is expanding into South Australia and Queensland following rapid recent growth.
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Loan Market national director of sales Mark De Martino, said the construction team under the management of Steve Matsoukas had achieved extraordinary results over the past 12 months.
“Steve and his team will be branching out into South Australia and also Queensland due to the remarkable growth in this business,” Mr De Martino said.
“Loan Market construction currently comprises 26 brokers in Victoria but they are running at 110 per cent capacity with all hands on deck.”
“They are doubling their business size every six months. The team attributes its strong success to both its strong referral source partners and its highly effective broker team.”
“Last weekend alone they received more than 500 leads from their referral sources and they have averaged just under 1,500 leads per month for the past year.
“This type of lead generation is unheard of for a team of this size and has the group at the top of the country's elite brokering groups.”
Mr De Martino said Loan Market construction would be embarking on a major recruitment campaign to attract more brokers.
“The team’s key priority is to bring more brokers into their ranks to help with the influx of leads” he said.
“We are targeting South Australia and Queensland as we see opportunities to grow the business in those states.”
Loan Market construction deals primarily in financing land and construction deals.
But Mr De Martino said they also have the capacity to service clients looking to purchase their first property or refinance their existing mortgage.
