Superbrokers 2009

Superbrokers 2009

Dominion Lending Centres

Number of agents: 1,500+
Established: 2006
Compensation
- Franchise owners receive a 95/5 split
- How brokers and agents are paid is determined by individual franchisees
- Trailer fees can be earned through white-label offerings
- If someone leaves the company, the trailer fees follow contractually
Brokering Model
- Franchise opportunities available -cost = $20,000
- For an existing team with volume exceeding $40 million, this fee can be absorbed by head office
- Over 200 franchises across Canada
Ancillary Services
- White label
- Equipment leasing, with internal credit department
- Creditor life insurance through Mortgage Protection Plan package (life and disability insurance) for clients
Lead Generation
- Generate leads through national campaign and main website
- Rotationally distributed to agents
- Leads also generated by agent websites
Compliance
- Every mortgage professional has access to ongoing education and up-to-date compliance information from regulators and industry associations
- Information communicated via network-wide or province-wide communications (depending on the issue), the DLC Intranet, DLC Weekly Bulletins and the monthly Dominion Opinion internal newsletter
Payroll
- Turnaround time for receiving payment from lender to paying broker/agent: 48 hours

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