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Brokers reveal top priority when selecting a lender

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Australian Broker | 15 Dec 2014, 08:24 AM Agree 0
New research reveals the top priorities for brokers when selecting a lender, and it couldn't be further from commissions
  • Vic Regional Broker | 15 Dec 2014, 08:47 AM Agree 0
    This research put paid to assertions in the past that brokers are driven by commission especially if the lender is associated with their aggregator!
  • Dan - Melbourne | 15 Dec 2014, 08:50 AM Agree 0
    Wow - 5% still place deals with lenders whom pay the highest commissions - this is the 5% we can do without - 'cowboys' still exist.
  • SA Broker | 15 Dec 2014, 09:53 AM Agree 0
    Dan - No broker put commissions as their No.1, I'd guess it was in their top 3 as $'s are still very important. I.e. All things being equal with two Banks that meet the Top Two criteria (right product to meet client needs, easy process) you'd have to consider your commission cut - you'd be remiss not to.
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