Anticipating a Real Estate Boom, Wells Fargo Hires Hundreds of New Mortgage Consultants

by Isaac Benmergui, Esq on August 7, 2013

Profit upWells Fargo wants to be prepared for a real estate boom, and as one of the largest employers in Miami-Dade, is seeking to add 200 new bank personnel before December 31. Already last year it hired 159, increasing its personnel in Miami-Dade to over 1,900 and increasing the South Florida staff to nearly 5,000. The bank is also looking to possibly double the size of the Kendall operation and open a new 3,000 square foot branch in Hialeah, which will provide 15 new jobs.

Wells Fargo carries one out of every three U.S. mortgages and wants an even larger share of the South Florida market with a dedicated mortgage consultant in every branch. The Wells Fargo Home Mortgage center in Kendall is a good example of responding to its customers’ needs by ramping up services to meet demand. When the center opened in June, it did so with 14 mortgage consultants and a dedicated manager, but bank executives are already looking at the demand and contemplating adding more consultants, possibly even doubling the number of representatives.

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