RE/MAX partners with Vow Financial

Real estate company RE/MAX Australia has launched a finance arm in partnership with mortgage aggregator Vow Financial to offer a full suite of financial services to homebuyers.

Under the joint venture, finance brokers will trade as Australian Property Finance and work with RE/MAX agents. Nathan Swain has been appointed as chief executive.

"Working collaboratively, the partnership between finance and real estate — between finance brokers and sales agents — means an expanded quality service for consumers," RE/MAX Australia managing director Michael Davoren said.

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The services include insurance, wealth creation, legal and lending. Finance brokers will advise new and refinancing borrowers on commercial, residential and personal loans.

Vow chief executive Tim Brown said RE/MAX franchises are predominantly based in Queensland, a region in which Vow was looking to expand.

"In addition, the joint venture will provide brokers with a new source of business leads," he said.

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