Richardson & Wrench (R&W) has announced an exclusive partnership with finance brokerage firm Shore Financial to deliver a one-stop fully integrated finance services offering.
More than 100 R&W offices across NSW and Queensland will benefit from the partnership, which will give clients access to lower interest rates and faster loan approval times later this month.
Executive director at R&W Corporate, Andrew Cocks, said the positioning of broking services within real estate operations reflected the changing demands of property buyers.
“Real estate and finance are interdependent, so it’s a huge benefit to clients if you can streamline the process and offer convenience as well as a superior home loan,” said Mr Cocks.
“The principals of Shore Financial have the credentials and the drive to add real value to the R&W business and our customers.
“Over the past two years we have expanded the network, but just as importantly, we have broken out of the traditional real estate mould by embracing new technologies, marketing platforms and now a new financial service offering.”
Shore Financial managing director Alex Nochar said the Richardson & Wrench partnership created an opportunity to offer broking services through a network with a commitment to innovation.
“We found Richardson & Wrench to be a really exciting brand, very much aligned with our own passion to provide high quality service to people looking to buy property,” said Mr Nochar.
“The group already has 100 offices and sells thousands of properties a year and, like us, is in expansion mode.”
Mr Nochar and Mr Chambers have a lengthy history in the broking channel, claiming Shore Financial has preferred broker arrangements with lenders, access to lower interest rates, faster loan approval times and the ability to pre-approve a broad range of clients.
Mr Cocks said the Shore Financial Partnership continued the real estate network’s commitment to adding value to its offering to franchisees.