Get to know 2023's best-performing aggregators, as chosen by brokers
This year has seen a rise in overall broker satisfaction when it comes to aggregators – proof that the bond between brokers and their aggregators has become unbreakable in today’s increasingly competitive loan market.
MPA’s Brokers on Aggregators 2023 outlines different ways these best-in-class aggregators raise the bar by advocating on crucial issues, expanding lending panels, improving CRM systems, and more.
Brokers’ loyalty to their aggregators is evident, with an overwhelming majority stating their extreme unlikeliness to switch, now at 81%, after a three-point increase from the previous year.
The report also highlights key performance indicators relevant to brokers, such as accurate and on-time commission payments, quality of the lending panel, and compliance support.
Though seemingly unlikely, brokers also shared reasons why they might consider switching aggregators, including poor accuracy and timelines of commission payments, poor IT and CRM support, and poor BDM support.
Despite pressure and an ever-changing mortgage industry, 90% of brokers said their aggregator was fostering their professional growth and helping them diversify.
Read the Brokers on Aggregators 2023 report and discover how Australia’s best aggregators foster brokers’ professional growth and success.
