Maybe he wants to buy out the remainder of the point piper residents and needs the dough.
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CBA swallow Aussie - thoughts?
- Thread starter Aaron_C
- Start date
Maybe he wants to buy out the remainder of the point piper residents and needs the dough.
Maybe
With an estimated personal wealth of $600 mil, you'd think he could buy several properties on Wolesely Road already though...Anyway, this will be just one of many bank takeovers of aggregators to come. They own the banking sector. They dominate the mortgage sector. They've bought the big players in the financial planning sector. AFG, what price say you? Connective, what price say you? ALCo/PIS, what price say you? Smartline, what price say you? YBR, what price say you?
the going rate a few years back was over 100 k per registered broker......
Lot of dough when you know the average gross revenue per broker is around 30 k pa
ta
rolf
Is that still the case or was that back then?
They won't sell Connective imo as the brokers (me included) have a very loose contract which enables them to jump ship if not happy. This makes it too risky a purchase for a big bank I think.
If it does happen perhaps it's time to start a broker co-op got enough talent here to start something
If it does happen perhaps it's time to start a broker co-op got enough talent here to start something
Sharin
Funny lodged a deal on Tuesday from here in the UK (8pm Qld )
Emailed my BDM same day and loan was approved Friday.
Yes i agree it can be 4 days however same as every lender it all depends on who you deal with and how they can push the deal.
Had lunch with Brett Halliwell a week before i left for the UK and I for one think they have made dozens of improvements over the last 6-12 months.
What is coming is more exciting
Funny lodged a deal on Tuesday from here in the UK (8pm Qld )
Emailed my BDM same day and loan was approved Friday.
Yes i agree it can be 4 days however same as every lender it all depends on who you deal with and how they can push the deal.
Had lunch with Brett Halliwell a week before i left for the UK and I for one think they have made dozens of improvements over the last 6-12 months.
What is coming is more exciting
Thats my point - you shouldn't have to email the bdm to get a file looked at in 3 working days and its also taking 2 days to prepare docs. Historically they have been working on 4 days so thats something I need to make customers aware of and if they are ok with that then great.
Maybe
Anyway, this will be just one of many bank takeovers of aggregators to come. They own the banking sector. They dominate the mortgage sector. They've bought the big players in the financial planning sector. AFG, what price say you? Connective, what price say you? ALCo/PIS, what price say you? Smartline, what price say you? YBR, what price say you?
Does anyone find it ironic that a company called ALCO is owned by a company called PIS?
In the end, most forms of aggregation are a risk to the broker............. so there is a place for an elitist enclave for sure
ta
rolf
If u did all of that with cba you'd be double diamond and a bit...
I'd agree that 2 to 4 days is OK, if u have a hurry deal there are always mortgage managers and lenders that dint have much on, and may have a vals niche etc
Ta
rolf
PS 50. A year is pretty good for a retired bloke that doenst so end much time in ozz
