Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Sunday 13 September 2020

How to increase your conversion rate: offer for mortgage brokers

Broker affiliation

The mortgage broking industry as a whole converts just over 60 per cent of mortgage pre-approvals into home loans, although that figure can of course be higher for individual brokers. 

A huge chunk of mortgage pre-approvals are allowed to lapse, costing mortgage brokers dearly in terms of both time and money. 

Our entry level WeBuy buyer's agency service is priced at under $5k, and focuses deliberately on assisting homebuyers with the due diligence, negotiation, and acquisition aspects of their purchase. 

This entry level service will likely become an industry standard in Australia in future years, as it already is in some other countries. 

It's typically at least a cashflow neutral service for buyers, since our experienced panel of buyer's agents are skilled negotiators - because they're in the market every day, they are able to be negotiate a better price and settlement terms than most individual or inexperienced buyers can.

Moreover, our panel of independent expert agents can help buyers to avoid costly mistakes through their systematic due diligence processes.

We tend to convert close to 95 per cent of mortgage pre-approvals into home loans, by guiding buyers buying through all of the various steps in the homebuying process, and ensuring that they don't become overwhelmed. 

In short, for a small fee, we reduce time, cost, and stress for buyers, helping them to buy more quickly and efficiently, and with less risk, making the WeBuy service a 'no-brainer' for homebuyers. 

You can check out our landing page for mortgage brokers here (or click on the image below):


Mortgage brokers can also email us for an information pack by contacting us here.