Mortgage Choice has recruited industry executive Timothy Schneider for the new role of head of broker growth, where he will be responsible for driving the growth strategy for the broker network.
Reporting to general manager distribution Aaron Slater, the role includes designing and delivering local, state and national growth initiatives with the support of a national team. Schneider (pictured above) started in the position on April 17 and will be working closely with state-based distribution and recruitment teams.
Schneider brings with him more than a decade of experience in mortgage aggregation, including in roles that involved working closely with brokers to grow their businesses.
Most recently he was the director of lending distribution at broker aggregator LMG (formerly known as Loan Market Group), where he was responsible for the white label strategy and sales team. Schneider’s other previous roles include director of growth at PCF Group for PLAN Australia, Choice and FAST, partnership manager at Choice Aggregation Services, and marketing manager at NAB.
Slater said the appointment reflected Mortgage Choice’s ongoing commitment to helping brokers across the country grow their businesses in ways that work for them.
He added it was an indicator that the organisation was investing in the strength of its national broker network.
Schneider said the “brilliant culture” at Mortgage Choice’s parent company REA Group was a big part of his decision to join.
“Mortgage Choice has a long and respected history, and I’m excited to be part of its next chapter,” Schneider said. “I can’t wait to meet with brokers, listen to their ideas and identify best practice.”
REA Group’s results for the half-year ended December 31, 2022, included a 5% year-on-year revenue increase to $617 million amid strained market conditions caused by rising interest rates.
This growth was driven in part by a 3% YoY core revenue increase in Australia, where REA Group operates PropTrack, Mortgage Choice and flagship real estate listings website, realestate.com.au.
The leadership team at Mortgage Choice was reshuffled last year, with three staff members appointed to senior distribution, operations, and communications roles.
General manager operations Aaron Slater was appointed to the role of general manager distribution, while Emma Dupont-Brown replaced Slater as general manager operations, and Sally Chadwick was appointed to head corporate communications, events and franchise marketing.
The reshuffle came as the migration of the Smartline brand to Mortgage Choice neared completion.
REA Group acquired 100% of Smartline in July 2019 and Mortgage Choice in July 2021, with the business committing to transitioning to a single network under one brand last year.
