A major brokerage has announced a “strategic appointment” designed to simplify the referral process for its mortgage brokers.
Loan Market has announced the appointment of former chief executive of Ray White Queensland Peter Camphin to the role of director, strategic partnerships, effective as of today (3 September).
The brokerage has said that Mr Camphin’s national remit is to simplify the referral process between Loan Market and Ray White for brokers, agents and property managers, as well as “amplify business growth opportunities for the respective businesses”.
Executive chairman of Loan Market Sam White said that market feedback highlighted the need for greater collaboration.
“The two companies are respected leaders in their industries,” Mr White said.
“Loan Market was named Major Brokerage of the Year – Franchise while Ray White won the Real Estate Business Franchise Network of the Year award for the third consecutive year in 2018.
“With such a wealth of industry talent and resources, it makes obvious sense to better integrate our services, to make the property process easier for our respective customers. It’s our duty to customers — whether they’re looking for finance or looking to buy a property — to inform them of all the options available to their circumstances.”
Commenting on the appointment of Mr Camphin, Mr White added: “Peter has a rich association across both companies at the corporate and agency levels.
“Having seen both sides of the equation positions him to make the relationship between Loan Market brokers and Ray White franchisees closer.”
Reflecting on his new role, Mr Camphin said: “Across both businesses, creating the best customer offering possible is at the top of our agenda.
“There are few industries which complement each other like property and finance, and Loan Market and Ray White are determined to take the lead on developing a richer customer experience.
“Diversifying business practices is the key to business longevity because it gives customers more reasons to choose your business over another.
“I acknowledge that there are industry-wide habits to be broken in this process, but through engagement and education, I think the motivation to embrace it across both businesses will be compelling.”
Further, the brokerage has announced that finance specialist Tim Amourous will assume Mr Camphin’s former role as Loan Market’s state director, Queensland.
Mr Amourous has previously held roles at QBank, Advantedge Financial Services, NAB and Aussie Home Loans.
[Related: Non-bank lender adopts new tech platform]