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Commissions add to lure for new Choice brokerage

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Australian Broker | 30 Aug 2012, 05:00 AM Agree 0
A boutique brokerage has forgone independence and signed up with an aggregator, claiming it will benefit business growth
  • Country Broker | 30 Aug 2012, 11:19 AM Agree 0
    Surley the days of small aggregators are numbered, it is simply too risky to deal with them unless there is a way to secure commissions such as a trustee arrangment.
  • Scott Beattie | 30 Aug 2012, 03:55 PM Agree 0
    I would also suggest for brokers to be very wary of dealing with off panel lenders - especially in regards to non-banks - I have 3 non-banks cease trail payments as I am no longer an ACL. What a joke! Thankfully not a lot of trail with the 3 lenders in question, but I am very glad that I didn't give them any further support than I already did.
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