Blue Wealth Property

Discussion in 'Property Experts' started by T Macdonald, 21st Jun, 2017.

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  1. euro73

    euro73 Well-Known Member Business Member

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    They don't do finance @Jess Peletier . They are too closely aligned with Mortgage Choice and Smartline to introduce that kind of conflict into their model :)

    Mortgage Choice in particular are HUGE into Blue Wealth... so you can look at that a few different ways... one of which ( to be fair) should be - Mortgage Choice are a listed company and notoriously they are quite uppity and cautious, at both the corporate level and most definitely at the franchise level ... so what Im suggesting is this; they would have done a LOT of due diligence into any strategic property partner... and their franchisees would have taken a lot of convincing ..... so I could be wrong here , but 3-4 years into that relationship, if the OTP settlements had been coming up short over and over again, I dont personally believe MC would have maintained the relationship. The fact they have might just say something......

    I should also add - they sell for Tim Gurner....so they might be a little bit of a higher class outfit than your average spruiker mob.
     
    Last edited: 17th Aug, 2017
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  2. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    You're right BW don't but lots like them do.

    They are/were a property partner for Vow also.
     
  3. euro73

    euro73 Well-Known Member Business Member

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    Oh yeah, forgot about Vow. :)
     
  4. Tim Monk

    Tim Monk New Member

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    To the best of my knowledge everyone around property gets paid some form of commissions. With a BA the buyer pays....and the selling agent gets one too. I know banks pay brokers commissions to help sell mortgages. I don't really see it as a bad thing.
     
  5. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    It’s not, always. But it can be, so wisdom is required.