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The group has launched as a sub-aggregator alongside It’s Medical and It’s Commercial, with the new brands focused on lending for medical professionals and small and medium-sized businesses, respectively.
The sub-aggregator will allow brokers to operate under the It’s Simple Group, with access to its lender panel, technology, and support services.
It’s Simple said it is recruiting both new-to-industry and experienced brokers to join the sub-aggregator, which will provide industry technology, Tier 1 lender access, and marketing support through its in-house team, including assistance with content and personal branding.
It’s Simple said that the two new broking brands will also help develop the third-party channel through developing specialisms and niches.
“Not all deals require the same knowledge and allowing new brokers to ‘taste test’ the variety of specialties available in the field keeps retention high and the industry healthy,” It’s Simple said.
The expansion follows the launch of Home Loan University, the group’s education platform for brokers.
Home Loan University provides coursework and in-person coaching, with the group using the platform to support training for new-to-industry brokers, as well as further education for established brokers.
It’s Simple Group founder and CEO Joseph Daoud said the expansion was partly aimed at supporting new brokers entering the industry.
“Brokers handle around 80 per cent of all home loans. There’s a level of trust the public has placed in our industry that needs to be maintained,” Daoud said.
“Training new brokers to be compliant, ethical, and effective ensures that trust isn’t broken to keep our industry alive and thriving.”
[Related: Former trainee acquires brokerage where he began his career]
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