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Just six months after its launch, one of Australia’s brokerage groups is enjoying unprecedented success.
Yesterday, Shore Financial announced it had settled in excess of $60 million in home loan applications during the month of August.
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Better yet, the brokerage said it is on track to settle in excess of $100 million per month by the end of the year.
Shore Financial’s sales director, Theo Chambers, said the brokerage’s success is especially due to its exclusive partnership with Richardson & Wrench (R&W) real estate.
“Our results are more than pleasing,” he said. “Shore Financial’s recent success can be attributed to a number of factors, including broker recruitment, high level of engagement and increased referrals from the Richardson & Wrench agent network, and a stronger property market.”
Richardson & Wrench’s executive director, Andrew Cocks, said the partnership is unique compared with other referral models.
“The partnership is such a success because the financial services offering is truly, fully integrated within the real estate business. Every R&W real estate office is able to adapt the financial services offering to their business model to best suit their clients. Shore Financial is part of the agents’ business,” he said.
