Classic Mentoring & Coaching is a professional mentoring and business coaching provider for new-to-industry mortgage and finance brokers. Providing a highly structured two-year program with pioneering levels of mentor support and a range of innovative tools and systems, it provides a quantum leap in learning quality. It has been widely recognised and endorsed by senior stakeholders across the finance industry for raising industry mentoring standards, increasing productivity through boosting loan conversion rates, and slashing new broker attrition rates. Historically, when brokers come into the finance industry and are mentored by peers, rather than formal mentoring arrangements, around 50% of these brokers don’t continue their career in the industry. Through Classic Mentoring and Coaching’s two-year program, the attrition rate is below 15%, and the conversion rate from loan application through to settlement is 70-80% – far above the industry average, which is below 60%. Founder, Nancy Youssef and her team have won several industry Excellence and Newcomers awards, which is recognition of the fact that her leadership and coaching is assisting in building a breed of brokers that come in not only as brokers, but also business owners. Brokers being mentored through Classic Mentoring are taught business skills and recognise, early on, the importance of scale and delegation. This translates to better conversions, larger volume and the creation of sound, stable and sustainable finance broking businesses of the future. All of this is driven by Classic mentors' passion and persistence, and their determination to demonstrate that there are many opportunities out there for those who want to take part in this journey.
