[FBAA] LIVE WEBINAR | Website Strategies That Win High Value Clients – 27th April 2023
- March 17, 2023
Dear Oxbridge Partners and Affiliates,
We have been invited by the FBAA to the session below. This may be useful for fund and capital raising within Oxbridge or for your client. Please register at https://netstripes.com/product/live-webinar-website-strategies-that-win-high-value-clients-27-april-2023/?utm_source=ac&utm_medium=email&utm_campaign=ac-27APR-Newsletter
Time and Date: Thursday 27th April, 2023 4-5pm AEST (2pm WA, 3.30pm SA/NT)
In today’s online world, having a customised website strategy is essential for carving out a niche online that lets you stand apart from your competition, and get in front of your ideal customers.
Join us as we discuss modern-day buying behaviour, digital marketing platforms, and how to customise strategies for businesses in the finance industry.
- Understanding the buying behaviour of high-value clients
- Why most websites don’t work despite investment
- The Formula of a winning website
- Creating trust and credibility online
- Creating a website that stands apart from your competition
- Compelling digital marketing to influence decision making
- Which digital marketing Channels to use in 2023 and avoid
Meet the Speaker!
Dinesh De Silva – Founder of NetStripes
Founder of NetStripes is a leading authority on Small Business Innovation and Digital Readiness.
As a thought leader in digital & innovation, he is regularly called upon as a speaker and has deep insights on SMEs having met and addressed over 5000 business owners in recent years.
Media appearances include ABC News, ABC Radio, Sky Business, Sky News, AFR, and CIO.
His current passion is to help SMEs throughout Australia conquer the world of innovation and digital strategy, which he believes can change the course of small and medium businesses in this country.
ABOUT THE MORTGAGE BROKERING BUSINESS
Although the details around when and how brokers receive commission varies from lender to lender, generally speaking: Upfront commission: 0.65% (+GST) to 0.85% (+GST)
The upfront commission is the largest component of the commission. The broker receives this once your loan settles. Trail commission is what the broker receives every month for the life of the loan. Usually, this trail is set at 0.15%-0.40% per annum based on the remaining loan amount each year. To be clear, mortgage brokers don’t work for the banks, although there are some mortgage brokerages that are partly-owned by banks and larger lenders. Oxbridge is always 100% independent (e.g. Aussie is owned by Lendi which is owned by numerous shareholders including CBA, 1835i (ANZ’s external venture capital partner) and Macquarie Bank, RAMS is owned by Westpac, REA owns Mortgage Choice etc)
The key to a successful mortgage broking business are the leads. With over 4,100+ online listings and another 1,000 off market listings the Oxbridge Real Estate business provides an excellent source of lead generation.
Working on a typical loan size of $750,000 and writing 20 loans in the first year. The commission received by the broker would be
$750,000 (20 x 0.70% + 20* 0.45%) = $105,000 (upfront) + $67,500 (Trail) = $172,500.
Top brokers in Australia (See https://www.mpamag.com/au/best-in-mortgage/top-100-brokers-2022/429801) receive well in excess each year of $3M upfront commission and at least 3x that in terms of trail commissions for the life of the loan. Several Oxbridge brokers are doing exceptionally well earning 6 figure income. Some Oxbridge members are dual qualified in mortgage brokering and real estate which is a huge competitive advantage in the market place. Trail commission is really true passive income
The Oxbridge Team
