What is going on with you brokers? You’ve been telling us that 2012 was supposed to be a dud of a year for doing business.
CMP magazine has received an overwhelming number of entries for this year’s Top 75 Broker list, easily topping last year’s total. This comes as a bit of a surprise, considering that 2012 was a difficult one for the industry: Ottawa once again tightened the mortgage rules; further cooling in the housing market; the growing popularity of rate comparison sites; and a more aggressive attitude shown by the big banks out to lure away clients.
Yet brokers have responded with enthusiasm and in greater numbers, showing that tough times do not necessarily mean lean volumes.
But if you are looking to be a part of the list, you better hurry – today is the deadline. To enter, click here.
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.
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.
Like the Top 75, 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.