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tactics.

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When you're ready to take your business to the next level - come learn from us how to
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Melinda Mahon from
Geelong West in Victoria
says...

"Thanks for the laughs
James….thats exactly what I
do with my junk mail!!
Seriously though, it all
makes sense and worth
thinking outside the square."

In response to Power-Talk
TV
episode: "How To Get
Your Marketing Looked At!"
Vince Boyle from
Camberwell in Victoria
says...

"Well done James, could
have titled it Underbelly
Broker because you looked
like a hood! I’ve just been on
the radio (3aw) giving the
banks a run for their money.
People are complaining
about service from the
banks, slow turnaround etc.
I think I’ll become an expert
on all things about
Mortgages so they can
quote me each day, isn’t
that how John Symonds did
it?"

In response to Power-Talk
TV
episode: "Renegade
Millionaire Lifestyle Broker
System"
It's time to face up to reality. As a broker in today's financial climate, you can no longer rely on upfront
commission and trail alone to pay the bills and get ahead. With your income at the sole discretion of third party
corporate institutions, you are a sitting duck! Trail Replacement Strategies enable brokers to reduce the impact
of the current financial downturn and boost their cash-flow, plus grow additional income streams. In fact, it's
possible to replace your current broking income entirely - which means no more uncertainty at the mercy of the
big lenders. The easiest and fastest way to boost your cash-flow and start replacing your trail is to start charging
fees by adding perceived or real value to your services...
[continue reading...]
The serious modern-day mortgage and finance broker in Australia must align their service with other
complementary service professionals - not only to create a complete financial experience for their clients, but
also to create additional passive income streams for their business. In my experience as a broker trainer and
mentor, I've worked with industry 'newbies' right through to the 'dinosaurs' and 'power brokers', and despite the
wide range of experience, two things are crystal clear: 1.) All brokers clearly understand the importance of
setting up professional alliances and know these alliances are a huge value-add to their clients, as well as a
powerful referral source... and 2.) The majority of brokers (I'm talking to the 'newbies' as well as the 'dinosaurs'
and 'power brokers' here) DO NOT understand exactly how to approach, setup and (most importantly) maximise
professional alliances. Most brokers think they are doing this correctly, but the hidden truth is they are only
scratching the surface and are leaving massive amounts of money on the table for another broker or professional
to pick up! To stop this happening to you, follow my 5-point fast-start (or quick-fix) guide to maximising your
Strategic Partnerships...
[continue reading...]
Trail income (or as I'll often refer to it in this article as 'continuity') is a beautiful thing. It defines the saleable
value of your business, and it provides vital on-going cash-flow for your business future. When you think outside
the box, you can learn to harness the power of trailing income and become the successful mortgage broker of
2010, while others struggle as the market gets tougher and tougher in every way - and we're already seeing it
happening now! As brokers, we constantly search for new clients, help them select the best loan and manage
the whole process from application to settlement and beyond. In return we collect an upfront commission, and
in most cases a smaller trail income for the life of the loan. At this point, virtually all brokers make the huge
mistake of stopping. They focus 100% of their efforts on the "Front End" of their business, when in actual fact
the real income explosion only starts on the "Back End"...
[continue reading...]
Written by James Veigli for Australian Broker.
Written by James Veigli for Australian Broker.
Written by James Veigli for Australian Broker.