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A broker should be able to add value over and above just recommending a good product. Things like:
– Loan structure.
– Serviceability issues and how some lenders may be better for them.
– Dealing with issues such as abnormal properties (small units, multiple properties on one title, rural areas, etc.).
– Give you the benefit of other client experiences.
– Help planning for the future (so that you can continue purchasing), etc.
– Etc, etc, etc.Brokers should be able to give you information (and add value) that is not available from lenders individually.
Plus they could not only save you money but probably hours of heart ache. For example, try ringing a lender twice and ask the same question each time. 9 times out of 10 you will get 2 different answers.
Mel – Don’t ever refer to brokers as “horrid”. They can add a lot of value. Sure there are bad ones but there are good ones too. Be a bit more respectful to our profession. I realise that you said it in jest but I still don’t thinks its a good thing to say. [
]Cheers
Stu
Property & Finance News
at http://www.prosolution.com.au
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