Switch Finance Testimonial - Eghard van der Hoven

JOIN THE TEAM Transcript: Hi, I'm a mortgage broker. My name is Eghard van der Hoven. I've been with Switch Finance for the last five, nearly six years. I met Ray through a mutual friend. I had a good discussion with him, had a good feeling about him as a person at the business and it's been a great decision because I think since then Ray's business has grown quite a bit. There's a number of brokers in the group as well as very good support staff, because at the end of the day, as a broker you need (I think it's very difficult to work on your own), y ou need a sounding board, you need people to you can discuss issues with and you need good support and all of that is provided by Switch Finance. Well, I've always been in finance my whole life, in stockbroking for large part of my life and in funds management and then the last bit in mortgage broking for the last of nine years. And as I said, the last five to six years with Switch Finance. I worked basically on my own in a large aggregator. The support was reasonable, but you don't have the same interaction that you would have, or that I currently have, within Switch Finance. So I think as a broker it's, it's very, very important, especially if you're a newer broker as I was at the time, to have that support is critical. And at the end of the day, you don't always have all the answers. You need the experience and the expertise of someone who might have had a similar problem with similar issue and, and found a solution. Because all the lenders are slightly different. They all have different policies. We deal potentially with 40 odd lenders, not that you deal with so many, but there's there's a myriad of, of different opportunities and it's nearly impossible to have a good understanding of all those policies. So it's just much easier if you can say I've got this issue. Has anyone dealt with it? And then coming up, I dealt with Linda XY and Z and they found me a solution. Yeah, I think in broking, obviously you get paid in two forms; you get paid an upfront, then a trail. Obviously the trail takes a bit longer. Once you establish that trail it can become an important part of of your revenue. But it's important to keep that trail, you're going to look after your clients that you don't lose them. So yeah, broking is a good revenue generator for an individual. So the other advantage of being in a group such as Switch Finance is what we're doing today; it's part of the package you've got, you've got a brand that you that you work under and the brand is established. It's been there for a while. So all of those issues, again, it's the support that you have not just with other brokers, but with the larger infrastructure in terms of brand awareness, marketing, all of those issues, I think as I already said is the support that you get. For me personally, I wouldn't want to do that [marketing] so the advantage is you're still responsible ultimately for the loan right from the beginning to the end but at some point the support team, (it's a great support team) can really assist you and free you to actually go and do other deals and other solutions for find other solutions for other borrowers and other clients you may have. If you are working on your own, as a lot of brokers do, some people might like it, but but for me, and then I think for people there must be many of people saying well this is not ideal, something like Switch Finance, I think, will solve that solution where you have a group of people and an infrastructure that is readily available and I would strongly suggest that you think about that and have a discussion with the Switch Finance. MORE: Call 07 5532 0030 https://switchfinance.net.au instagram.com/switch_finance facebook.com/switchfinance