Standing out in the mortgage industry can be quite the challenge, but here at Rate Money, our franchisees are equipped with the essential tools to thrive and grow as professionals.

In an increasingly crowded and dynamic mortgage landscape, setting yourself apart from your competitors is essential for success. Among the 19,456 mortgage entities in Australia highlighted in the MFAA’s Industry Intelligence Service Report 2023, finding a unique position can be challenging. However, thanks to three key factors, Rate Money franchisees stand out and serve their clients with confidence.

Exclusive Product Offering

In a saturated market, it can be tough to carve out your own path, especially when the competition is fierce. However, having a unique product offering is what can truly make you stand out.

At Rate Money, we’ve honed in on our niche by specialising in serving Australia’s self-employed professionals. With 2.2 million individuals embracing self-employment in Australia, as reported by Global Data in 2021, we’ve found our unique point of differentiation. By focusing on this group, we keep innovating and offer products designed just for them. Plus, we make the process easier by cutting out risk fees and LMI. This means our franchisees can help their clients with confidence, knowing there’s a solution made specifically for them.

Comprehensive Training and Development

In the mortgage industry, success comes from sharpening your interpersonal skills and mastering business management. As things keep changing in this field and the economy, it’s vital to stay flexible.

At Rate Money, we understand the value of growing skills and ongoing professional development. That’s why our training and development team takes a hands-on approach, guiding franchisees in regulatory compliance, client management, system processes, and product knowledge. Our commitment to growth ensures franchisees stay ahead and thrive in this evolving industry.

Harnessing Tech For A Competitive Advantage

In today’s digital age, outdated systems and processes can hinder efficiency and the ability to provide top-notch service to clients. Staying ahead technologically is essential to excel in the fast-paced nature of the mortgage industry.

At Rate Money, we prioritise providing our franchisees with advanced technological solutions. Our CRM system is tailored to meet our franchisees’ unique needs. We tailor workflows for each franchise by integrating automated processes that make deal transitions smoother, ultimately cutting turnaround times. These automated workflows not only simplify portfolio management but also enhance overall efficiency and client satisfaction.