Jane Slacksmith of Investors Choice Mortgages breaks down three paid tiers for mortgage advice: Silver and Gold at $495 (Silver refunded at settlement), with Gold adding Residex reports and courses, plus a Diamond package at $9.95 offering unlimited loans for a year and investor webinars.
Questions this video answers
investorschoice.com
Founder of Your Property Success; director of Investors Choice Mortgages
$495 (both stated as $495 in the transcript)
The Silver package fee is returned at settlement ("you get your money back at settlement").
Residex reports, access to seven-module executive courses, 100-page manual and 25-page workbook materials for first-time buyers and investors.
Chapters
Hi, it's Jane Slacksmith here, founder of youf Property Success and director of Investors Choice Mortgages. I wanted to talk to you today about something that's a little bit different and a little, a little bit controversial at the moment. And that's for the fee for advice that mortgage brokers may or may not charge. Now, at Investors Choice, we have a number of service levels that are designed to suit our clients. And the reason we've done that is time and time again people have seen me in your Property Success or me in Money magazine or on sky and talking about growing their portfolio and they really want access to some of that knowledge and some of that information. However, as a mortgage broker, we have to talk about just about mortgages. So I wanted to be able to give people the benefit of my knowledge and my experience and having built my own multimillion dollar property portfolio. Now that's not for everyone. So we wanted to make sure we had a base service package as well, which essentially is going to give everyone what they need and what they would get from a mortgage broke, as well as some of our intellectual property and a little bit of smarts, especially around those who want to grow a portfolio or those first home buyers who want to make sure that that first property is the starting stone that they can use to get to their wealth potential and where they want to be now. So we have the silver, gold and diamond package. The silver and gold package are both $495. However, there's a big difference. The silver package, you get your money back at settlement. So if you don't settle a loan, you don't get your money back. We go through the entire process for you. We actually facilitate the loan, come up with recommendations, look at what's right for you now and for your immediate future, make sure you can afford the loan, look at all the 30 different lenders or so, all their products and try to work out what's a good strategy for you. We give you the recommendations, we facilitate the loan, take you all the way to settlement, then we give you that money back. With the gold package, it is also 495, but we give you an extra $2,000 worth of value. Some people just need some little bit of extra help. Now with that package, what you get is some assistance with Residex reports. So you actually know the real estate agent who's quoting you the number of the property or what the property's worth is actually comparable to the recent sales. And those reports do that for you. I also give you access to our executive Courses. So this is seven modules of courses that you can consume online, download your iPad, your Kindle, whatever. There's one for the first time buyer, a home buyer, and for an investor, this takes you through 100 page manual and 25 page workbook, which allows you to work through exactly what you're trying to achieve with this property purchase. So you not only know what you need to buy, your buying criteria, your checklist of how to buy, you're ticking off your location checklist when you actually go and inspect a property, but you get to get some tips and tricks on how to make sure the period between signing the contract and settlement is working for you, as well as rounding it all up and helping you grow your portfolio as well. So that's also $4.95. And then there's the diamond and the diamonds. It gives you unlimited loans for the year. So those people who are looking at having unlimited loans for the year, it gives them the ability to do that, but it gives them the access to my doll 500 course, which is five different modules each with 100 page manual and 25 page workbook, goes into a whole lot more depth and that's really designed for the investor. So that's $9.95. In addition to that, you get access to webinars. So I introduce you to some of the property experts out there, I interview them, I talk to you and give you information that you may need to actually increase and grow your portfolio. You get access to discounts from quantity surveyors, for instance, and solicitors. So my network of people that I use as well, so the mortgage brokers that work in Investor's Choice are here to help you. And you know, we don't want to give you a service that you don't want. So we have a number of service levels so that you can get what you need from us. But you're working with Australia's Mortgage broker of the Year and you get to have the benefit of that knowledge. We want to really help you in getting to build a portfolio, be it with your home or with investment properties. And we see ourselves as your partner and hence the service models and the service packages that we have are there to help you. So please check them out. Go to the website investorschoice.com and see which model suits you. We were really looking forward to helping you.
