More than 700 brokers have tested their knowledge and speed in round one of the BrokerIQ challenge.
With round one closing this Friday, June 28 the competition is sure to heat up.
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Now in its third year, BrokerIQ, an initiative of St George Bank and The Adviser, tests brokers on a range of topics, including general industry knowledge, product and finance.
According to St George’s banking group general manager mortgage broking Clive Kirkpatrick, brokers are clearly engaged with BrokerIQ as there are a lot of brokers getting all the answers correct. As such, it's all going to come down to how fast brokers can be in answering the questions.
Many of the large aggregation groups have seen great participation. AFG is leading the charge, with 17 per cent of entrants heralding from the aggregator.
Choice and Connective are not far behind, with the aggregation groups accounting for 14 per cent and 12 per cent respectively.
"I'm really looking forward to the second round, that's when it gets tough. Brokers who make it through to round two really need to know their stuff,” Mr Kirkpatrick said.
"Otto Dargan the reigning champ, won by a nose last year - I'm sure everyone's waiting to see if he can make it three in a row.”
From second round entrants, the field will be narrowed down to just six who will go head-to-head for the title of Australia’s Brightest Broker in front of more than 400 industry guests at the Australian Broking Awards luncheon on August 2.
Round one closes this Friday, June 28. To enter the BrokerIQ quiz, CLICK HERE NOW!