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RE/MAX Australia has announced that it has taken over as the sole owner of its finance arm, has rebranded it, and has formed a strategic partnership with one of the leading aggregators in Australia.
Australian Property Finance has been rebranded as Pivotal Financial and has secured a partnership deal with Connective, one of Australia’s leading aggregators.
Newly appointed general manager Matthew Andrews said that co-ownership allowed Pivotal Financial to offer RE/MAX customers a “full suite” of financial offerings.
“Together with RE/MAX, we are creating an all-inclusive experience,” he said.
“Accountability is driving our business forward, and agents, brokers and real estate consumers will share the positive outcomes.”
Mr Andrews took up the role in June this year. He has been charged with leading the finance arm into an era of growth, drawing experience gained in a financial services career spanning 20 years.
Prior to taking up this role, he was state general manager for St George broker distribution.
RE/MAX Australia managing director Michael Davoren said that the move is strategically important for the network.
“This strategic move brings Pivotal Financial much closer to the RE/MAX organization, and the greatest beneficiary is the customer dealing with our network.”
He also said that Pivotal Financial is “excited” to grow its aggregator relationship with Connective.
“Connective is a dynamic and relatively young aggregator that leads industry competitors in innovation, technology and other desirable factors.”
He said that the pairing is a good one, embracing technology to drive growth.
RE/MAX Australia established a clear synergy between real estate and finance for the benefit of its customers in 2013.
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