Top Ten Tips for development finance: Tip 8

Top Ten Tips for development finance: Tip 8



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With Regentsmead
 
 
 
Each week we will provide a top tip for development finance. This week it’s tip number 8...
 
 
Tip 8: Create a network of sub-brokers:
 
 Now that you have an established relationship with an active lender you can use this to get business from other brokers who may not have this personal relationship you have.
 
You want to become a master broker which means you will have many brokers (or sub-brokers) feeding deals into you which you can then filter and put to the lender. Canvas the local IFA's or commercial brokers and advise them of the relationship you have with an active lender.
 
By becoming a master broker you will be earning fees from placing your own business plus business from other brokers who will utilise your relationship and set up to earn fees for themselves.
 
Having a nework of sub-brokers can be an excellent way of generating regular and recurring income.
 
 
 
Contact Regentsmead on 020 8952 1414 for further details or visit www.regentsmead.com
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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