One mistake you can make as a broking business owner is to think you need a branded office because you’ve grown bigger. Now, this doesn’t mean that getting physical offices is a wrong move. Rather, it’s that you should get a physical office only if you absolutely need it. Otherwise, that office will be just an expensive filing cabinet.

In this episode of Mortgage Broker Acceleration, James Veigli and Ash Playsted engage in a nuanced discussion about a broker’s need for an office. They talk about the pros and cons of having a physical office and reveal factors to consider before getting one. Tune in to find out the main criterion determining whether you need an office or not for your broking business.

The Key Questions

• What factors determine if you need an office? (2:25)
• Does having a physical office with a branded banner help you write more loans? (11:00)
• When do you actually need an office? (12:27)
• Should you get an office because your operations have gotten bigger? (14:26)
  
  

What You’ll Discover

• How your team’s structure affect your need for an office (4:00)
• The #1 reason to have a physical office (9:00)
• Three key questions to ask yourself before deciding if you need an office (10:10)
• The reality of having a physical office (15:47)
  
  

Accelerate Faster

• You can visit Broker Ideas Group to learn more about us, access special events and download useful resources designed exclusively for mortgage brokers.
• Want to work with James, Ash and the BIG team to grow your mortgage business faster? Our Growth Coach team can help you. Let's talk!