RateShop named top independent brokerage
03/10/2020

RateShop Mortgages has been named one of the best in Canada in the latest Top Independent Brokerages report, released by Canadian Mortgage Professional magazine

Online PR News – 10-March-2020 – Toronto, ON – Mississauga-based RateShop Mortgages has been named one of the best in Canada in the latest Top Independent Brokerages report, released by Canadian Mortgage Professional magazine. The prestigious list recognizes the 23 independent brokerages that are thriving on their own and making their mark on the national scene.

“Flexibility. Freedom. Creativity. More control. These are just a few of the advantages this year’s Top Independent Brokerages have discovered from being untethered to a major network,” says the Canadian Mortgage Professional team. “While there are pros and cons to striking out on one’s own in a competitive, unpredictable market, for these successful brokerages, the benefits outweigh the difficulties. Each of the 23 brokerages featured on the list has its own unique reasons for choosing independence, but there are a few common threads: building a one-of-a-kind brand without limitations, having no one else to report to, crafting services that attract the specific clients they desire and having control of their future while staying nimble.”

Speaking to Canadian Mortgage Professional about their success in 2019, RateShop Broker and Business Development Manager Michael Squeo highlighted their firm’s goal realignment.

“Last year was a turning point for us. We realigned our goals, as unpredictable housing market adjustments meant greater flexibility, a more diverse product offering and a more knowledge-driven approach to sales. Huge investments in technology paid off, training programs were redesigned with value and competition in mind, and our in-house lending programs saw a surge. We saw a 53% jump in agent transfers [to our brokerage], which validated that we were doing something different, and we were doing it right.

Read the full report in issue 15.02 of Canadian Mortgage Professional, out now or find out more about RateShop Mortgages here: https://www.mortgagebrokernews.ca/special-reports/top-independent-brokerages-2020-326808.aspx.

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Canadian Mortgage Professional (CMP) is the leading business magazine for the mortgage and finance industry and a key resource mortgage and finance professionals turn to for in-depth industry issues, market trends, business analysis and intelligence. CMP is also very well known for its annual surveys and special reports such as Brokers on Lenders and Top 75 Brokers that recognise key individuals and businesses and provide a unique snapshot of an industry that is continually evolving.

CMP is complemented by daily news website www.mortgagebrokernews.ca featuring daily breaking news, an industry forum and exclusive multimedia content, as well as sister publications in the US and Australia.

CMP and mortgagebrokernews.ca are published by independent media company Key Media. In conjunction with these publications, KM also produces several industry events including the Canadian Mortgage Awards. Find out more about Key Media’s magazines, events and websites at www.keymedia.com.