Superbrokers 2009

Superbrokers 2009

Home n Work Mortgages

Number of agents: No response
Established: 2007
Compensation
- 100 % on the first $2,000 earned on a per file basis and then 90 % thereafter
- Lowest is 10 % and highest is 90 %. Pay based on the greater of (1) personal production or (2) recruiting others
- 90 % trailer fee is paid to the writing agent
- Trailer fees follow the writing agent contractually
- All clients are owned by the writing broker and vested, meaning all rights to and all data belongs to the writing broker forever
Brokering Model
- Everyone is offered a 'lifetime guarantee' that they can leave at anytime with all their files
- Not a franchise model, so no fees are attached
- Based on training in order to do more deals
Ancillary Service  -National weekly training through web seminars and designed online video tutorials
- Weekly web seminar talk show on lowering one's effective rates of interest and paying off debts faster, which agents can invite clients to attend
Lead Generation 
- Agents receive $20,000 worth of marketing support for $495
- Receive customized website
- Generate leads through referral partners and advertising
- Each agent is assigned at least three to five financial planners that will refer to them
Compliance 
- Detailed checks and balances throughout the file process
- For new people to the industry or just busy people, there is MC Assist - a backroom of licensed brokers to handle the paperwork on a file
Payroll 
- Three times weekly
- Turnaround is less than 24 hours from when funds are received
- Goal is to be daily 5 times per week in 2010

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