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mortgage choice shares slump as it overhauls franchisee pay model

mortgage choice shares slump as it overhauls franchisee pay model Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



mortgage choice shares slump as it overhauls franchisee pay model

mortgage choice is vowing to lift the share of revenue it pays to franchisee mortgage brokers,  in an overhaul of its remuneration model that will inflict a $30 million one-off hit on its full-year profit.the listed mortgage broker, which had faced an internal uprising from franchisees over its business model, as revealed by fairfax media, on thursday revealed the details of a new method for splitting commission revenue between the corporate entity and its army of franchisee mortgage brokers.mortgage choice chief executive susan mitchell acknowledged the broker needed to offer franchisees more competitive p...