Harcourts Financial Services has voiced its support for the industry’s impending move to regulation.
The company’s chief executive officer Andy Graham said the introduction of legislation was a positive move for the industry as it would improve broker positioning and credibility in the market place.
“I see this new regulation as a real positive for our business and will assist in building the professionalism of our industry by weeding out the cowboys and under-achievers from the dedicated industry participants,” Mr Graham said.
Harcourts Financial Services is currently looking to expand the business through both organic growth and diversification.
“We have a base of 45 outstanding mortgage consultants right around the country, with the aim to continue to build our team to 70 high-quality, industry-compliant people over the next 12 months,” Mr Graham said.
Already, the company has seen a marked upswing in its monthly written applications, which increased by 149 per cent in the last two months.
“We look forward to our next financial year, assisting our clients, developing a one stop scenario for all Harcourts clients, and continuing to diversify our business via other avenues such general and risk insurance sales, and asset finance opportunities.”
