BrokerSoft formed through a partnership of two specialist consulting groups working together for over 5 years to provide marketing, business and technology solutions to the mortgage and related industries.
BrokerSoft combines over 20 years of experience acquired form working with large corporations and multi-national groups in IT solutions, software development, business automation and marketing services, with their SME knowledge gleaned from within the automotive and manufacturing sectors, to deliver solutions that deliver over a 200% increase in sales for their customers.
Over the last 12 months, BrokerSoft has specialized in mortgage and related industry to conduct a systematic rollout of our products with key introducers, aggregators and mortgage managers, and is positioned to officially launch our range of targeted solutions to the wider market now.
We understand that in Australia there are two main factors that will impact on your industry soon, that if managed properly will cause an increase in loans written by professional accredited introducers and brokers. The first being that introducers and brokers only account for approximately 30% of the mortgage and related industry here, whereas in the USA, they account for in excess of 70%, as such we all envisage that with sound marketing and management an organic market expansion will occur.
The second factor is that the industry is expected to have more regulatory controls and consolidation over the next few years, therefore as an industry we need to improve systems and processes for those remaining to be positioned to capitalize on the fall out growth attributed to this factor. If no new systems and processed are implemented the banks and providers will acquire the customers.
However, our experience has shown that many introducers/brokers run inefficient computer systems with little to no back up/virus protection exposing their business to significant risk, and their lack of automation means much double handling between internal systems and mortgage originators systems which take up significant time so less time to write loans. Thus not capable of capitalizing on significant potential growth.
In addition most introducers/brokers spend their time looking for leads and losing many existing clients to banks and competitors which is not good for business. However, BrokerSoft has implemented and will continue to develop leading edge solutions to help eradicate all of these issues to create the ability to write more loans and capitalize on the new business in the coming years.
We are confident, that there are a number of areas by which through sound technology solutions we can help you be an active part of the sustained growth for the mortgage related industry, working with leading brokers and their businesses over the coming years.
BrokerSoft brings together unique skill sets and the combined knowledge of our team of talented professionals. We draw from the experience working within the banking, marketing, IT, software development and finance sectors, to delivery technology driven business solutions to the mortgage industry today.
|