Qualities of a good broker :)

Thought we might start up a list of what people look for when searching for a good finance broker. For me the most important attributes are honesty and follow up communication. I got mightily sick of dealing with people who neglected (on a fairly predictable and ongoing basis) to return my calls or keep me informed during the entire process of lending.
Hence my switch to a more reputable broker
So what do others think?

 

Mine are:

1. Bright, bubbly friendly personality

2. Nothing is too much trouble attitude

3. Understands my financing needs and is able to follow through on them

Fill these 3 criteria and they have my business (and they do !! Thanks Medine !!)

This pretty much applies to most of my team.

Tom.

 

He has to drive a crappy car, one that doubles in value when you fill the petrol tank....

See Change

 

.......and isn't THAT easier to do these days!

 

I think it goes without saying these days that the broker has access to a wide range of lenders and a variety of loan products and is impartial in their advice.

What I look for is:

1) a willingness to spend the time to understanding my investment strategy and where the finance fits into that strategy
2) a sophisticated understanding of investment structures and investing generally
3) responsiveness - I'm doing business at all hours, I expect the broker to cope with that
4) a hard worker who's willing to negotiate hard on valuations and do what's necessary to meet the deadline
5) the patience of a saint to cope with the bloody banks (and by the sound of the above to put up with me too)!

My 2.2 cents worth.

 

One who posts on forums, LOL.