Loan Market Victoria launch mentoring retreat for up-and-coming brokers

Loan Market Victoria have launched an ‘emerging elite’ retreat to assist promising brokers to develop into the group’s highest performers.

The inaugural invitation-only retreat was a two day conference held in Lorne over 18-19 November. The event was hosted by Loan Market chairman, Sam White and Victorian state director, Andrea McNaughton and saw 13 emerging elite brokers attend.

“The purpose of the retreat was to create an environment for our up-and-coming brokers to learn and begin the transition to Elite performer. We identified those brokers who we believe are the next generation of Elites and designed a programme to help propel their business forward,” Andrea explained.

Over the two days the group were coached on franchise development, profit and productivity. The emerging elite brokers also shared their own experiences with one another and discussed the the challenges and opportunities from within the industry.

Geelong-based broker, Liz McRae, said the retreat was the most valuable thing she’s ever done for her career.

“One of the most beneficial things was to have the opportunity to network with people at the same level. The chance to meet people at a similar stage of their career and learn from them was really valuable.

“So many great ideas came out of the retreat; although we’re all in the same business, we all have different ways of doing things. The retreat made me realise it’s often the simple things that make the biggest difference.

“It was also great to hear from Sam White on where the future of the business is headed. It was invigorating to be reminded that I’m part of a growing industry - in the future consumers won’t be tossing up between using a bank or a broker, they’ll be deciding which broker to use,” Liz explained.

Hosting a networking dinner with Ray White’s emerging elite sales agents, the retreat also provided brokers with an opportunity to build real estate referral relationships.

“We timed the retreat to coincide with Ray White’s emerging elite conference so that we could give our brokers the chance to connect with agents that are at a similar point in their career.

“Our job as the franchisor is to provide great opportunities for our people and that’s what the emerging elite retreat was all about,” Andrea said..