Building Better Broker Businesses
nMB supports brokers through their mortgage broking career – whether they’re starting out or looking for a fresh start.
We work with our business partners to help them transition from being a ‘Broker’ to building a successful ‘Broker Business’. This is achieved through identifying and planning the steps to transition from a single operator to full business model.
nMB’s philosophy is based on evolving individual brokers into broker businesses. A viable business model must include five components:
People, Premises, Processes, Partners & Planning.
Gerald Foley, nMB Managing Director
To build a brokerage into a business, brokers need to identify where they should best spend their time and bring on help to fill any gaps. Higher performing brokers employ staff to help manage client relationships and administrative tasks.
Brokers who set up their businesses in professional premises drive efficiency by bringing clients to them rather than travelling to meetings. nMB Broker Benchmarking can identify the time spent travelling, pinpoint where your client bases are and, hence the most effective business locations.
Having the correct processes in place drives efficiency for brokers’ businesses, which means they can serve more clients and settle more loans. nMB Broker Benchmarking can identify the processes that are working in a broker’s business and those that are causing unnecessary slowdowns.
Relationships with referral partners have to be carefully cultivated and must deliver mutual benefit. Brokers have to identify the value they can add to their referral partners’ businesses.
An effective business planning process lays the pathway from broker to broker business. The nMB Broker Business and Action Plan has been developed to capture key past performance measures and future targets, providing brokers with a concise, easy to read document in which they can track performance against their goals.
nMB has amassed almost 20 years of experience and expertise, building a secure foundation to support the continuing growth of our brokers.
Celebrating 20 Years of nMB
nMB celebrates 20 Years on 1 Sept.
Winners of the Gold Medal for Lead Generation in the 2017 MPA Brokers on Aggregators Survey. nMB also received two Silver medals for our ability to help Brokers develop Additional Income Streams and the quality of our Training & Education.
Acquired by Liberty
nMB Managing Director, Gerald Foley
Commenced Broker Benchmarking Program
Loan Book passes
Acquired by Aussie Home Loans
Loan Book passes
Acquired Mosaic Financial Services
Ranked 15th place in BRW Fast 100
nMB launched after MBO from Bell Potter
nMB’s success relies on the strength of our people.