The differences between mortgage networks can be significant, with some offering supportive environments that actively nurture growth and others taking a more prescriptive approach that leaves little room for nuance or personalisation.
If you’re interested in joining a mortgage network, the process of evaluating different networks isn’t always easy. It helps to identify a few key qualities that make a real difference when deciding which network aligns best with your goals.
One of the most important qualities a mortgage network can have is the ability to listen to your needs and respond accordingly with personalised strategies and tactics that will support your success. Below are a few key differences between a network that will listen to you and one that will apply arbitrary rules and tell you what to do.
There’s No One-Size-Fits-All Approach
Every mortgage broker business is different, so a one-size-fits-all approach simply isn’t going to work. Unfortunately, there are networks out there that give each of their members the same set of strategies and targets, which isn’t going to help you achieve the unique goals and objectives you have for your business.
Look for networks that will assign you your own dedicated business development team, to whom you can turn for support, guidance and advice at any time. This team will work with you directly to understand the unique workings of your business and help you to create and implement robust strategies that are wholly tailored to you.
Collaboration is Valued Over Prescription Within the Best Mortgage Networks
Prescriptive rules and targets very rarely, if ever, help mortgage brokers to take their businesses to the next level, which is why seeking out a network that is built around collaboration is so important.
It is only through the sharing of ideas, thoughts, experiences and opinions that genuine advancement and innovation can occur. We recognise this because collaboration has enabled us to expand our range of services and tools, and has informed the development of our award-winning Revolution software.
Here at the Stonebridge network, our members consistently report that our support teams and services have enabled them to secure continued success, and this is something we’ve been able to do because collaboration is one of our core values.
Our collaborative approach applies to everything from developing lead generation strategies that drive tangible results to strategic planning sessions, which will enable you to confidently set personal priorities and goals that will help you to grow in a sustainable way.
There’s a Commitment to Community Building
In addition to offering a friendly and supportive culture where asking questions is encouraged, the best networks also have a commitment to building and nurturing a sense of community amongst members. There is so much value that can come from engaging directly with other brokers and network team members, offering opportunities to share ideas and build an even stronger working relationship with their dedicated teams.
There are many ways that we strive to support and strengthen our community here at Stonebridge, including offering business referral opportunities and networking events. We also host an annual conference, which allows us to spend time with our members whilst providing insightful and thought-provoking presentations designed to inspire and prompt discussion. It’s always one of the highlights of the calendar and something we take a lot of pride in offering.
Your Long Term Success is ALWAYS the Priority
The mortgage sector is extremely changeable, with new innovations, best practices and fresh strategic opportunities emerging all the time. For this reason, you need to know that your network is keeping an eye on all the latest developments and creating new approaches to help members maximise their success in both the short and longer term.
Networks that are too focused on themselves or that insist on continuing to dish out the same, tired advice to every member regardless of their unique circumstances simply aren’t equipped to help you achieve meaningful success. Instead, look for networks that deliver services that centre your business, putting you at the heart of every piece of advice and guidance they offer. If you don’t feel important, find a network that does make you feel valued.
Talk to Our Experts
If you’re weighing up your next move, remember that the right network should support you, listen to you, and work alongside you to achieve your goals. At Stonebridge, that’s exactly what we do. Our dedicated teams are here to understand your business and help you build long-term success.
Get in touch with our experts today to learn more about how joining Stonebridge could make a difference for you and your business.
