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Baby broker boom: Lenders looking to new generation

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Australian Broker | 23 Nov 2012, 06:00 AM Agree 0
Newbie brokers are increasingly being targeted by lender BDMs as they realise they are a future opportunity, not a risk
  • ozboy | 23 Nov 2012, 09:02 AM Agree 0
    I would suggest that some, especially the one's who have been around a little while, have burnt their bridges with the established brokers and as there are minimal new entrants all are going for the fresh meat...well until they burn them!!
  • Ted | 23 Nov 2012, 09:25 AM Agree 0
    Ozboy, you're one pessimistic guy. This is undoubtedly a positive for these brokers and our industry. Perhaps these brokers have been trained how to properly work with lender BDM's, instead of against them?
  • PeterT | 23 Nov 2012, 10:56 AM Agree 0
    That would explain why one of my younger staff has been offered a habour cruise for putting 3 loans with a certain lender in the last 12 months.
  • James Adams | 26 Nov 2012, 03:02 PM Agree 0
    Whats the issue Peter t. Its great that the lender values your young blokes business and is offering encouragement. Obviously you are jealous.
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