For the country’s largest mortgage teams, switching brokerages takes a lot of effort, but can yield new opportunities.
As part of a new series, CMT will feature short profiles on why major broker teams have made a move.
This week’s featured team is Canadian Mortgage Experts…
Team Profile
Name: Canadian Mortgage Experts
Website: www.cmexp.com
Lead Planner: Michael Lloyd, AMP
Years in Industry: 11
Main Office: Surrey, BC
New Firm: Dominion Lending Centres
Prior Firm: A national superbroker
Team Volume (Last 12 Months): $180 million
Licensed agents on Staff: 14
Top 3 Stated Reasons For The Change:
- “Leadership of the new firm”
- “Back-end support”
- “Technology advantages”
Business Model in a Nutshell: “We sell advice and not rates,” notes Lead Planner, Mike Lloyd. “We also encourage a strong team atmosphere with information sharing among our brokers on products and marketing.”
Secrets of Success: “We’re always open to change and looking for new opportunities to generate referrals.”
Our best wishes to Mike and the whole team at Canadian Mortgage Experts…
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