News Archive

Thinking 'outside the box' as a mortgage broker

Thinking outside the box in the broker industry means getting creative with your approach to business. Whether it be finding personalised solutions for customers, reaching different clients with new marketing...

How to set long-term goals for your mortgage broker business

Setting long-term goals for your broker business starts with knowing what you want to achieve. Your goals must be aligned with the hours you can commit to growing your business, and...

What's in a name: How to spruce up mortgage broker business branding

Building your personal brand can help you make your business extra recognisable. With the right brand, prospective clients will think of you when they need a mortgage loan. Your branding projects...

3 tips for mortgage brokers looking to build a personal development plan

When planning a road trip to a new destination, we always make sure we have a map handy to ensure we don't get lost along the way. Why should life...

Is there a standard career path when becoming a mortgage broker?

The career path to becoming a mortgage broker involves a mixture of study and experience. As well as a certificate in mortgage broking, you're required to work closely with a...

What does the mortgage broker industry look like in 2019?

As a broker, the needs of your clients and the mortgage products available to them are ever-changing. With the Australian financial climate fluctuating, so also does the appetite of lenders, the...

How mentoring can help mortgage brokers improve their technical skills

In Australia, mentoring is compulsory for the first two years of a mortgage broker's career. Becoming a mortgage broker comes with plenty of challenges, and having a mentor means you...

Is post-sale service the key to an effective mortgage broker business?

Winning a sale is one thing, continuing to benefit from it in the years to come is another. A mortgage is a long-term commitment for your customer, and a big financial...

5 strategies mortgage brokers can use to deal with high-risk clients

As a mortgage broker, high-risk clients are those who don't fit the criteria a traditional lender requires of its borrowers. They may have a poor credit history or be otherwise...

How to design a standout business card as a mortgage broker

As a mortgage broker, your business card is a quick and easy way of ensuring key contacts have your details to hand. You never know when a networking event might present new opportunities...

Does your mortgage broker business have an optimised workflow?

Life in the mortgage industry is pretty busy. You may have customers, lenders, other brokers and real estate agents to juggle, all competing for your attention. To keep yourself sane...

5 skills that will help you become a mortgage broker

Are you looking for a new career but not sure where to start? Or do you already know that you're interested in being a mortgage broker? Either way, it's not just about understanding...

What does being a mortgage broker actually involve?

If you're thinking of making mortgage broking your career of choice, you'll be wondering what every day involves and how to get started. One of the biggest benefits of signing up with the Red...

Why being a mortgage broker works around your family

Having a family means a raft of additional commitments to plan your time around. A traditional 9-to-5 can make this difficult as school runs and extra curricular activities take over. Being a mortgage...

3 reasons people use a mortgage broker

As a mortgage broker, if you know how to market your business, there shouldn't be any shortage of potential clients. Almost 30 per cent of homebuyers in Australia now seek assistance from a mortgage...

What are the benefits of offering mortgage broking in your business?

If your business already deals with clients who may benefit from credit advice or lending services, then you should consider adding a mortgage broker service to your business. With commission generated from mortgage broking in...

The key benefits of becoming a mortgage broker

If you decide to become a mortgage broker, you'll find a career that allows you flexibility in how, when and where you work. Much of your work is dictated by...

5 tips on upskilling in your mortgage broker career

A mortgage broking business needs employees who can turn their hand to dealing with anything that may arise. Your customers will receive improved service if staff are able to communicate effectively, as well as...

How can mortgage broker businesses save time on recruitment?

Mortgage broker business recruitment is no different to recruiting in other industries. Your goal is find someone who will excel in the role, in a timely and cost-effective manner. But anyone...

4 commission models that could improve your mortgage broker business

Commercial mortgage brokers earn their keep via a system of commissions tied to the number and size of the loans they settle. Commissions come in two kinds: upfront, which are paid...

3 traits your mortgage broker business' brand must have

A great deal of the client leads you'll earn as a mortgage broker will rely on the brand you've managed to build for your business. If you're looking to become a...

Why becoming a mortgage broker is the perfect career change in your 20s

While it's certainly true that starting a totally new career is possible at any age, few would argue with the idea that it's easier when you're in your 20s. After...

Why direct marketing is key for mortgage broker businesses

No matter how good you are at finding value for your clients, new ones need to know you exist before they'll come to you for a loan. Helping new people discover your...

3 tips that could boost the productivity of your mortgage broker business

The money that a mortgage broker makes is dependent almost entirely on their productivity. The number of loans you settle determines how much you get paid, so the more loans...

Why should businesses add mortgage brokering services to their arsenal?

If you're a  conveyancer, insurance broker - or any kind of broker for that matter, your business could benefit from expanding into mortgage broking. Not only is it a chance to...

Become a mortgage broker and learn how to build passive income

A mortgage broker career offers a lot of variety in the places you work, the properties you help clients buy and when you choose to do your work. It also varies in the way...

3 signs a mortgage broker career is for you

Are you finding your current job a drag? Looking to shake things up and change careers? Next time you're brainstorming, make sure you put a mortgage broker career on the...

What are the benefits of mentoring for mortgage brokers?

For those new to the financial industry, becoming a mortgage broker can be a daunting proposition. There's a lot to learn, and getting on top of it all takes a...

4 habits of highly successful mortgage brokers

Success in any field requires the adoption of positive working habits - being a mortgage broker is no different. While there are many factors that separate the best brokers from...

How to reinforce your mortgage broker business' brand

Starting a career as a mortgage broker can be a strong learning curve. One of the most important parts of your marketing to get right is the branding - how...

What are the benefits of a CRM system for mortgage brokers?

Part of running a successful mortgage broker business is managing the relationships you have with your customers. This becomes much easier when you have effective CRM (customer relationship management) software...

3 top tips to improve your mortgage broker business marketing

The goal of marketing as a mortgage broker is no different than in any other line of work. You want to inform people of the service you provide, and get them to...

When's the best time to switch to a mortgage broker career?

Are you itching to escape the boredom of your current position and start in something completely new? Has becoming a mortgage broker caught your eye as a possible solution? If so,...

Could a mortgage broker career be your pathway to remote working?

Remote working or telecommuting is becoming more popular in Australia. Nearly a third of all Australians work from home, according to Australian Bureau of Statistics (ABS) data. It's an option that...

What professional development can a mortgage broker career offer?

Given the requirement for doing a certain number of hours CPD each year, making a plan of what you're going to do is a great idea. Taking the time out to honestly evaluate your...

How to grow your financial advisory by adding mortgage broking

If you want to stand out from the other 25,363 financial advisers UBS reports are active in Australia, you're going to need to do something different. One way is to do something that other...

How to grow your mortgage broker business without sacrificing customer service

Whenever a business is growing fast, it can be difficult to have things like customer service keep pace. After all, rapid growth requires thinking hard about scaling your core offering (in this case,...

3 tech trends that could help your mortgage broker business

Change doesn't have to be intimidating - if you are considering a career as a mortgage broker but are worried about how the industry could change in the coming years, take...

4 tips to make your mortgage broker business more efficient

If there's one thing that continually robs business owners of success, it's inefficiency. You can work as hard as you want, but if your efforts are being channelled into inefficient...

What are the potential earnings in a mortgage broker career?

If you are just starting out in the working world, or are thinking about a career change, you may be considering mortgage brokering. But the big question for many pondering...

What could Australia's economic growth do for your mortgage broker career?

The mortgage broker industry is one whose fortunes are tied closely to the trends in the economy. When the economy is booming, people have the resources to purchase housing, and mortgage brokers find...

Why mentoring could help take your mortgage broker career to the next level

Richard Branson does things in his own way. His unique approach has helped him found the Virgin Conglomerate of 400 companies, and amass a fortune of over $5.3 billion, according...

Powered by tech: What will mortgage broking look like in 10 years?

Mortgage brokers are  all about making life easier for our customers. We do this in many ways: like finding lower interest rates, arranging the ideal loan structure, offering expert advice and...

Why 2018's property market makes now the right time to become a mortgage broker

As of late 2017, Australia's housing stock is worth over $6.7 trillion, making it our nation's most valuable asset class, according to the Australian Bureau of Statistics. Mortgage brokers are integral to the...

New Year, new you: Achieve your resolution of becoming a mortgage broker

Achieve a better work life balance. Earn more money. Enjoy your job. Secure a better financial future. Be your own boss.  You've probably made at least one of the above New Year's resolutions at some...

3 productivity tools to boost your mortgage broker career

Which service did buyers find most helpful in the 2016 FHB Australia survey? Mortgage brokers - by far. That's why if you're considering becoming a mortgage broker in 2018, your goal should be...

What does the property market mean for your mortgage broker career in 2018?

The success of your mortgage broker career depends largely on your dedication, and the help and expert training you get along the way. However, there is one factor that can heavily influence your efforts,...

Why 2018 is the ideal time to become a mortgage broker

Is the housing market headed for a slowdown? That's the word coming from the CoreLogic-Moody's Analytics Australian Home Value Index Forecast, which has Sydney and Melbourne prices falling slightly between 2018 and 2020,...

How mortgage brokers can get the right work-life balance

The career of a mortgage broker is one that's defined by freedom. Because you're not being paid by the hour - but instead by how many loans you can settle - the...

How to spend time wisely as a mortgage broker

Mortgage brokers earn their keep through commissions, so they don't get paid like other professions might by the ticking of the clock. But as it does with any modern professional, time still plays a...

How to be a mortgage broker in the age of digital disruption

The 21st century has seen digital disruption rear its head in almost every industry. What will it do to those looking to become a mortgage broker and the existing skilled members of the industry? What is digital...

Returning to work? Why a mortgage broker career could be perfect

Whether you've been off due to the birth of a child, illness or some other reason, returning to work can be difficult. Depending on the amount of time that's passed, you might find...

How do mortgage brokers deal with competition?

No job exists in a vacuum. Unless your business is the rare unicorn with a totally unique product or service, you are going to exist in competition with others. While mortgage brokers can...

Should you recruit millennials into your mortgage broker business?

The term millennial, while not having an 'official' definition, generally refers to people born in the period from the early '80s to the mid '00s. With their oldest cohorts now in their early...

3 apps that can make mortgage brokers more productive

Sometime during your mortgage broker career, you're bound to find that your productivity has begun to slip. The stress has built and built, and your excellent time management practices have gone out the...

How competitive is the life of a mortgage broker?

Whenever a business is booming, more people want to join it - something mortgage brokers will know all about. The most recent data from the ABS Labour Force survey shows 25,400 people were...

What are the best places in Australia to become a mortgage broker?

If you're thinking of making the move to a career as a mortgage broker, congratulations! You're considering a job in a growing field where each new day brings an exciting challenge. While you...

Get organised: How to streamline your mortgage broker business

Thomas Edison famously said that "there is no substitute for hard work." As a mortgage broker busy providing your clients with value, you'll know this better than most. But as a professional that deals...

How to switch careers and become a mortgage broker

Tired of your current career? Does the idea of helping everyday Australians fulfil their home ownership dreams excite you? If so, perhaps becoming a mortgage broker is what you've been looking...

What skills do you need to become a mortgage broker?

Working as a mortgage broker involves a lot more than being a sleek salesman and knowing how to talk people into making deals. The best brokers bring a lot more than...

Balancing your mortgage broker career with your personal life

Deciding to become a mortgage broker can be an exciting development in your life. After all, it's a career where you get a chance to help people every day. Whenever you...

How to be a mortgage broker that gets value for clients

When you're working as a mortgage broker, it's in your best interest to get your clients the best possible deal on a home that you can. If you can find them...

3 tips for strong mortgage broker-client relationships

Establishing strong relationships with clients is key to building your mortgage broker career. Of course, you want your customers to be happy and to set them up with the right product,...

3 more reasons now is a great time to become a mortgage broker

The broker industry started 2017 strong following a great December quarter and momentum keeps building. With a recent KPMG report pointing to greater...

Communication is key to a successful mortgage broker career

Communicative competence is an absolutely essential skill for those dealing with clients on a daily basis. Simply put, this concept focuses on the three E's of language use: effectiveness, empathy and...

3 helpful tips for getting clients early in your mortgage broker career

The greatest challenge for many entrepreneurs is obtaining their first paying clients. There are as many ways of doing this as there are different businesses out there, but which is right...

4 essential habits to boost your career as a mortgage broker

How do you measure success in a mortgage broker career? Is it in your paycheck? Or is success measured by the depth of your lender panel or the number of...

3 reasons you should join a professional brokers group

Whether you're a looking to become a mortgage broker or you're a an experienced adviser with a great clientele, you can directly benefit from joining a professional brokers group.  A common misconception about professional brokers...

3 questions brokers should be able to answer

If you've decided be a mortgage broker, you already know the benefits of what we do. Mortgage brokers help buyers make their home ownership dreams a reality. We save our customers time...

Building a bigger staff to improve in your mortgage broker career

If you become truly successful as a mortgage broker, you might take on so many clients that it's difficult to handle them all yourself. If and when that happens, you may need to...

Want to be a mortgage broker? What will your day be like?

In broad strokes, most people have a pretty good idea of what it's like to be a mortgage broker. People want to buy homes, and it's your job to help...

How to manage your time and be an ace mortgage broker

The life of a mortgage broker is exciting on a daily basis. There are always new clients to work with, new challenges to tackle. There's never a dull moment. This may sound...

3 rookie mistakes to avoid in your mortgage broker career

Have you ever been interested in becoming a mortgage broker? It's a challenging job, there is no denying that. But as the real estate market is constantly evolving, you're basically never going to be bored....

Investor growth is encouragement to become a mortgage broker

Have you been considering a change in career for a while? If you've been involved in the finance or real estate industries before, becoming a mortgage broker might be the best next step....

Time to become a mortgage broker? Brokers write $50.19 billion in new home loans

If you're looking to expand your business' financial services, or start a new chapter in your professional life, becoming a mortgage broker can be an excellent first step. A flexible career...

What does the surge in home loan demand mean for your mortgage broker career?

What factors could affect the success of your mortgage broking career? It seems obvious to say the demand for home loans, but CoreLogic RP Data research from February 27 suggests that...

What is your work-life balance like when you become a mortgage broker?

In our fast-paced world, one of our most treasured assets is our health and wellbeing. However, with the stresses and responsibilities of conventional full time employment, often we can let our work-life balance fall...

What mentoring is available when I become a mortgage broker?

Every career choice comes with a certain amount of apprehension as to what the future may hold. This is especially the case for people who have decided they want a...

Take advantage of market conditions now and become a mortgage broker

After a change in career? Becoming a mortgage broker might be the best option for you, especially considering the current building approvals trend, according to the Housing Industry Association (HIA) in a February 2...

How can social media help your mortgage broking business to flourish?

Building your business from the ground up in the mortgage broking industry isn't as hard as you might think. In the past, hopeful brokers have had to rely on their...

Why are rapidly rising dwelling values great for your mortgage broker career?

Have you been keeping track of the median dwelling values around the country in the last year? If you have, you'll already know how much Sydney has been increasing, and...

Why should you become a mortgage broker in the current climate?

Have you been thinking about a change of career for a while? Now's as good a time as any - particularly in the New Year. A new career...

What skills and qualifications do I need to become a mortgage broker?

Are you looking to take advantage of the Australian property market boom and become a mortgage broker? Deloitte figures showed the country's residential real estate home loan market was worth...

Melbourne and Sydney remain lucrative places to pursue a mortgage broker career

Melbourne and Sydney continue to rule the roost in Australia's real estate market, which makes them prime locations for people considering a mortgage broker career. Recent analysis from CoreLogic showed that...

Is higher demand for housing the key to your mortgage broker career?

Australians continue to believe that purchasing a home in today's market is an attractive proposition, despite the fact prices remain on an upward trajectory. Figures from the latest CoreLogic-TEG Rewards...

Housing values in Sydney and Melbourne will boost your mortgage broker career

Want to add to the 5,850 mortgage broking businesses in Australia? IBISWorld states that it's a $2 billion industry, and becoming a mortgage broker through Red Rock Brokers will...

What can we learn from the last 10 years about being a mortgage broker?

A decade ago, the median dwelling value in Australia was under $350,000. That's according to a CoreLogic RP Data article from October 10. Now, the national median dwelling value is...

Why is an unchanged cash rate pushing you to be a mortgage broker?

Have you ever thought about how the official cash rate (OCR) affects the housing market? As a mortgage broker, you will have control over how any changes made to...

How to be a mortgage broker in a competitive buying environment

Working as a mortgage broker in Australia right now could be very profitable. The time is right for many people to snap up a bargain - be that as...

A mentor will lead you to success in your mortgage broker career

Do you know how to be successful as a mortgage broker? There are currently 5,850 mortgage broking businesses in Australia according to IBISWorld. For someone just starting out, having gone...

Why the state of the market is great for your mortgage broker career

The Australian property market is a constantly evolving beast, and right now, becoming a mortgage broker is a sound move. According to a Real Estate Institute of Australia (REIA) report...

3 factors you need to understand in your mortgage broker career

The modern business world as a mortgage broker has some interesting challenges. Firstly, there is a growing need to be competitive in a busy landscape, with so many other businesses...

Become a mortgage broker in spring - it's a recipe for success

Spring is the busiest time of year for property sales. People respond to coming out of the cold winter months by looking for a new home, and that's...

Home lending figures prove why it's so good to be a mortgage broker

According to a Housing Industry Association (HIA) report from August 10, new home lending rose by 2.7 per cent through the month of June. That's great news for...

How are banks making it better to be a mortgage broker?

On August 3, the Reserve Bank of Australia (RBA) decided to cut the official cash rate to a record low of 1.5 per cent. The previous record of 1.75 per...

How can you use social media to be a better mortgage broker?

Social media is being used by every man and his dog, and mortgage brokers can take advantage of that to enhance their own profile. People are constantly connected to their...

Why are high rents great news for people wanting to become a mortgage broker?

In order to become a mortgage broker, you'll need to make a commitment. Taking the time out of your already busy life to learn the ins and outs...

Why is the record-low cash rate so good for your mortgage broker career?

On July 5, the Reserve Bank of Australia (RBA) decided to leave the cash rate unchanged at the record low of 1.75 per cent. This is the third...

Investor activity is sure to boost your mortgage broker career

It's every adult's dream to be in a career where making money is one of the major factors in success. And when you become a mortgage broker, that's just the...

What does the current landscape look like for a mortgage broking career?

If you've ever wanted to buy a house, but didn't have the available funds sitting in your bank account, you would have had to look at taking out...