National brokerage Mortgage Choice
is rapidly expanding its national footprint, opening four new shopfronts in Victoria in the past week.
“Mortgage Choice turns 25 this year and opening four new Mortgage Choice offices in a week is a strong indication of where our company is positioned and where it is headed,” said the company’s chief executive officer John Flavell.
“This continued growth in our retail footprint demonstrates the strength of the business model and highlights the attractiveness of Mortgage Choice’s proposition.”
The newly opened offices are located in Mentone, Pakenham, Sale and Beaumaris.
Flavell said the brokerage network had further plans for growth and was keen on expanding its national footprint even more.
“That said, we’re not prepared to grow for growth’s sake. We are focused on strengthening and maintaining the high quality of the Mortgage Choice brand by attracting a high calibre of mortgage brokers and financial advisers.”
The owners of these four latest offices have a combined 80 years’ experience between them, Flavell said.
“They are driven, determined and passionate mortgage brokers who are keen to help Australians make better choices for a better life.”
Flavell said that opening more retail shopfronts was a key component of enhancing the company’s brand.
“It is for this reason that we have more and more franchises opening in prevalent and highly visible locations in major metropolitan and regional areas.”
Victoria is an especially attractive location thanks to its recent trends in the state’s property market.
“Victoria’s housing market is currently performing very strongly, with data from CoreLogic
showing property prices soared 13.1% to $610,000 in the 12 months to February,” Flavell said.
“The buoyant market conditions in Victoria make it clear that there are a lot of business opportunities for our brokers.”