Top 100 set to beat the $11bn barrier

by Phil McCarroll08 Sep 2016
MPA magazine’s Top 100 Brokers survey is currently open for applications, and the team behind it believe the combined value of loans of brokers in the report could exceed 2015’s total of $10,628,184,760.
 
Now in its 12th year, the Top 100, which is sponsored by Suncorp Bank, ranks brokers by residential loan volume across the financial year. 2015 saw Justin Doobov of Intelligent Finance and Jeremy Fisher of 1st Street Home Loans write $315m and $318m each. MPA editor Sam Richardson says there’s still room for improvement.

"We weren’t too far off $11bn last year. Although investor and foreign buyer crackdowns have affected some brokers, property values in Sydney and Melbourne have continued to rise, which we expect to push up our total,” Richardson said.
 
However Richardson warns against focusing on big numbers. “If you actually look at the whole Top 100, you’ll see that the median volume is just under $93m – a great achievement certainly, but not an impossible number for many brokers to aim for," he said. 
 
In fact, says Richardson, MPA are looking for all brokers writing $50m+ to apply, using the fully online application system. In addition to their long-established ‘Women in the Spotlight’ section for Top 100 female brokers, the report will this year also be highlighting regional and younger brokers who make the Top 100. All Top 100 brokers will be named in the magazine, receive a certificate and be featured on MPA’s website and on consumer comparison site YourMortgage.com.au.
 
Richardson says brokers who’ve never tried for the Top 100 before should apply this year.

 "It’s free to enter, takes two minutes, and provides some great exposure in the consumer media, so give it a go.” 
 
2016’s Top 100 Brokers report closes for applications on Friday 23rd September. You can apply using this link: http://survey.keymedia.com/au/mpa/2016/top100/
 

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