"It‘s a great opportunity to be more valuable to your property developer clients while also increasing your earning potential"
Once an agent registers as a user and inputs the client’s project details, the digital platform compares loans from over 30 lenders.
By using proprietary algorithms and searching over 120 data points across each lender, Brickflow pairs the right lender options with the project, returning instant results which can then be sent to the borrower via a link. The conversion rate from Heads of Terms to loan completion is over 90%.
With 50% commission on offer for the first completed loan and 25% thereafter, land and estate agents can typically earn around £7,500 on a £1.5m development loan and £15,000 on a £4m deal. One recent referral will see the agent receive £27,000 on loan completion.
Loan offers range from £150k to £150m and are available for residential, commercial and mixed-use new-builds, conversion and Permitted Development projects.
Brickflow's key account director, Chris Meyer, said: “For agents this is a win, win scenario. It‘s a great opportunity to be more valuable to your property developer clients while also increasing your earning potential; you're giving clients access to ground-breaking comparison technology that will save them both time and money.”
