Friday Wrap 27 Sept 2024
from Finance and Coffee: Friday Wrap Hosted by Finance and Coffee
News and views relating to the F&C Community and the wider broker industry. Hosted by Sadish Visvalingam and Beth CominoThis week we have Rob Flynn in WA, Malcolm Withers in NSW on as guests. TOPICS THIS WEEK: (1)LMG Announces Tech Fee Increases Does it seem fair? but lets be realistic, F&C hosts our website on Amazon Web Services and the fees have increased over 23% in last year alone. Best to contact your LMG BD Team rather than speculate. (2)Cashback Offers are back - for existing clients only Complaints from brokers will grow due to lots of hard work by brokers only to be undone by lenders who should have backed brokers on the first try with repricing. (3)REA Group buys 19.9% of Athena The giant in terms of online property listings. Already owns 2 aggregators (Smartline and Mortgage Choice). Add to that REA branded brokers. And now they have their own product to distribute. And of course we ask both Rob and Malcolm “what advice he would give to a broker who has just completed their second year in business”
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