Aggregator lifts loan settlements 30% in one year, breaks $1 billion

by AB12 Nov 2013

Choice Aggregation reached the $1 billion milestone in loan settlements for the month of October, an uplift of over 30% from October 2012.

Adding to a successful period, the aggregator says brokers are ‘voting with their feet’, with Choice’s latest annual survey showing an 89% satisfaction rate and an inflow of new brokers choosing to partner with the group.

Choice CEO, Stephen Moore, says the loan settlement milestone was a direct outcome of the positive momentum of learning and development programs delivered to the aggregator’s 1,000+ broker network, as well as strong overall growth in the property market.

“We’re committed to providing better advice through better listening. Choice understands the needs of brokers and provides tailored, trusted advice and support,” he says.

Over the past twelve months Choice has worked closely with its members to grow their businesses, either under their own brand or under Choice Home Loans.

“Our focus on helping our brokers market their businesses to take it to the next level of growth has been a win/win all round,” says Moore.

Looking into 2014, Moore says Choice will continue to support its brokers and outlines three ‘key priority areas’ for the future.

“A key priority is to help brokers keep pace with the latest technology through our state-of-the-art technology Podium 2.0, which offers an extensive range of sales tools combined with a market-leading CRM system. Secondly, we want to support business growth by focusing on efficiency and effectiveness through practice management programs.

“The other main priority is to increase and build on our already successful Peer2Peer learning program, facilitating a larger number of sessions that focus on best practice sharing among members. We run local workshops across the country every week. This arms brokers with the best tools possible in an increasingly competitive market and enables them to learn from the best in the industry – each other.”