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Thanks Richard hadn't noticed the income/turnover bit and no it does not look good if are advising someone.
I like the thought of starting it part time but is it realistic to be able to build up business selling one mortgage a week and live on the retainer?
Remember many lenders dont pay a trail in year 1 so maybe takes a while
Also to give 50% away seems criminal.
I have a couple of guys who i work with and we pay them 70% of what we receive.
In most cases we write up the deal and place through our contacts they merely locate the enquiry and write the deal learning along the way.
Richard Taylor | Australia's leading private lender
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