Brokerage opens 15 new stores

Big push in final months of 2020 part of group's longer-term expansion plans

Brokerage opens 15 new stores

News

By Madison Utley

A mortgage brokerage has continued to execute its grand expansion plans, even in the final months of 2020, with over 15 new stores having recently been approved to join the network.

Aussie CEO James Symond said the group is in “acquisition mode”.

“Our goal is to ensure that any customer, anywhere can talk to a local broker. Our focus will continue to remain on providing the right platform and support for broker success,” he explained. 

“[We’re] looking to help more people into their very own mortgage broking business. We have territories across Australia that are still waiting for the right person to come in and really own their local market.”

The group reports it’s on track to achieve its goal of 1,200 brokers and 300 stores by the end of 2022, with much of the growth targeted across the Eastern Seaboard.

As Symond sees it, what Aussie offers to consumers is a two-for-one; not only are borrowers benefiting from the guidance of a knowledgeable mortgage broker, they can rest in the peace of mind that comes from working with a “strong and reliable” brand.

Aussie’s new stores are spread across both city and regional locations in New South Wales and Victoria, with the latter state currently warming back up after its lengthy lockdown.

“Our release of new stores and brokers in the field is timely as there is strong demand amongst first and next home buyers as we emerge from the COVID restrictions,” Symond said.

“We have never seen pent-up home lending demand as this.”

After the new Aussie franchisees complete their training program, they are qualified for a Certificate IV in Mortgage Broking and could carry on to a full Diploma in Mortgage Broking should they so choose.

According to Symond, the new recruits are being provided “industry leading training, cashflow support and mentoring” to help get their businesses up and running.

“We’ve always been relentlessly focused on delivering an improved home loan experience for our customers and our brokers. That’s why we make big investments into our capabilities, so we are very much on the front foot,” the CEO said.

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