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Century 21 Home Loans lands star recruit

by Nick Bendel10 minute read
The Adviser

One of Australia's best young brokers has left his company to strike out on his own, both as an independent and as a franchisee.

Mark Polatkesen has left Melbourne firm Loan Gallery after forming his own business, Mortgage Basics.

Mr Polatkesen has also signed a six-year deal with Century 21 Home Loans, which took effect on December 15, according to chief executive James Green.

"We have a unique offering whereby we allow established brokers to use their own brand and also use the Century 21 brand when working with our leads," Mr Green told The Adviser.

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"We find this works well by simply offering an incremental business opportunity to our partners."

Mr Polatkesen placed fifth in The Adviser's Young Broker of the Year ranking and 47th in the Elite Business Writers ranking after writing $82.3 million of business in 2013/2014.

Mr Green said Century 21 Home Loans was thrilled to have landed its new recruit.

"Century21 Home Loans has grown at breakneck pace in the last two years and this new Mortgage Basics partnership promises the growth story to continue in 2015," he said.

Meanwhile, Mr Green said Century 21 Home Loans wants to recruit five franchisees in Queensland in the first quarter of 2015.

The brokerage currently has one broker in Queensland, he added.

Century21 Home Loans generates leads from open homes, which are then transferred to its CRM system.

Mr Green said mortgage settlement volumes have increased 52 per cent year on year since the CRM system was implemented in 2013.

[Related: Century 21 boss reveals how to become superstar broker]

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