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  • Profile photo of MarkNSWMarkNSW
    Participant
    @marknsw
    Join Date: 2005
    Post Count: 5

    How are they able to pay 120% of commission?

    Do they pay 120% upfront in forfeit of some/all of the trailing commission?

    Profile photo of MarkNSWMarkNSW
    Participant
    @marknsw
    Join Date: 2005
    Post Count: 5

    Thanks for your thoughts, Advisor.

    From what I can see, Fintrack’s current lender panel doesn’t have any glaring omissions although you could not say it is wide ranging. Perhaps they have been reinstated with those lenders now.

    Profile photo of MarkNSWMarkNSW
    Participant
    @marknsw
    Join Date: 2005
    Post Count: 5

    Is there anyone out there who has had experience with Fintrack?

    Profile photo of MarkNSWMarkNSW
    Participant
    @marknsw
    Join Date: 2005
    Post Count: 5

    Hi Kerri,

    I am in Sydney.

    No, I haven’t been able to obtain MIAA membership yet. It’s a catch 22 situation – I cannot become a full member because I don’t have 2 years experience and I cannot join as an AMC until I have found a sponsor/aggregator.

    I have found several aggregators who are willing to sponsor new entrants, but none that are for part timers. The intention is to go full time as soon as I can, but initially it’s not financially viable for me.

Viewing 4 posts - 1 through 4 (of 4 total)