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Real estate giant expands financial services offering

by James Mitchell11 minute read
Angus Raine

A national real estate group has revealed plans to grow its financial services arm after rebranding the division and appointing a new general manager.

Raine & Horne Financial Services announced yesterday that it had undertaken a major brand refresh as it looks to expand its mortgage broking, insurance and superannuation businesses.

The group’s financial services business will now be called Our Broker and will continue to offer residential, commercial property and business loans from a panel of more than 30 lenders.

As part of its expanded suite of services, Our Broker plans to develop the RhSuper offering and develop its home and contents and landlord insurance offerings. The firm will also offer income protection, mortgage protection, business insurance products and motor vehicle insurance.

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Angus Raine, executive chairman of Raine & Horne, said the company is talking to a number of service providers for insurance, superannuation and lending.

The company has appointed former Vow Financial state manager for NSW and ACT Dawn Inanli as general manager.

“As our general manager of financial services, Dawn will help us meet the demands of our clients, and I’m looking forward to working with her to expand our service offering,” he said.

Ms Inanli said the ability to work with a broker to find a suitable mortgage or insurance product is a winning solution for time-poor property buyers.

“Sitting in a bank finalising a mortgage application is never pleasurable, and using a broker gives borrowers wider access to lenders and different opportunities. We will look after our clients by matching them with the most suitable home loan,” she said.

“My skill set is mortgage broking, so I understand what the bank needs and what the borrower wants.”

Working closely with a mortgage broker also enables real estate agents to extend their offering to their customers, which will help deliver repeat business opportunities, Ms Inanli added.

“On the flipside, a closely aligned mortgage broker with a healthy client database can be a great source of new appraisals and listings for agents.”

[Related: Loan Market Qld doubles volumes via agent referrals]

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James Mitchell

AUTHOR

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.