Tough Vancouver market has broker unsure if he’ll crack Top 75 list again

Making the CMP Top 75 is an accolade in and of itself – but a tough Vancouver market has only heightened that honour, say industry players looking to repeat their performance.

Making the CMP Top 75 is an accolade in and of itself – but a tough Vancouver market has only heightened that honour, say industry players looking to repeat their performance.
 
“I just made 75 on last year’s list,” says Michael Chan, a broker with DLC Downtown Financial. “I know people who had higher numbers than me and didn’t enter last year.”
 
The Top 75 is an affirmation of excellence for many successful brokers as they look expand their respective books in a challenging market. The ranking is generally used as a selling tool, demonstrating to prospective clients their level of expertise. Repeating the feat year after year only amplifies the marketing muscle of the listing, say brokers.
 
“It was great to make the list – but I probably won’t do it again this year; it’s been a really tough market here in Vancouver,” says Chan. “But you never know.”
 
Indeed, with the deadline for submissions closing June 21, only those who put themselves – and their volume numbers – will be counted. 
 
CMP magazine is now calling for broker submissions for its ranking of Top 75 Brokers by funded volume for 2012. To be eligible, all the figures must be supplied by you, the broker/agent, via electronic survey – and that all deals must have been personally sourced and originated by you.
 
Click here to learn more.
 
Sales figures must be broken down by the relevant lender, and should include a contact name and telephone number for each representative of those institutions. CMP reserves the right to contact them and the broker network to confirm figures. 
 
The Small Market Top 20 gives a tip of the hat to the accomplishments of mortgage professionals in markets with a 2012 average home price of $290,000 or less.
 
As the gap between home values in Canada’s smaller centres and those in Toronto and other major cities continues to grow, the Small Market Top 20 is the best way to acknowledge the funded-volume success of those brokers.
 
The criteria to qualify for the Top 20 includes being in a market that is a CREA-identified region, municipality or centre, and to brokers who did a minimum 80 per cent of their deals in such a market where the average home price is at or under $290,000.
 
Small brokers will be automatically considered for the Top 75 list – and their volumes must be personally sourced and originated.