ERGO and Wüstenrot announce cooperation in real estate financing

ERGO Beratung und Vertrieb AG and Wüstenrot Bausparkasse AG are expanding their long-standing partnership to include the real estate financing segment. The extended, long-term cooperation is scheduled to start in spring 2021.

With the expansion of the cooperation, ERGO will become Wüstenrot’s exclusive partner in both building society savings and real estate financing. The new agreement sees the two companies further expanding their successful partnership, which began more than ten years ago as a cooperation in the building society business.

The cooperation gives ERGO access to Wüstenrot's real estate financing portal. The portal is available to the sales agents and allows loan applications to be submitted and processed electronically. It thus allows for bespoke, needs-based advice and fast financing commitments. Wüstenrot benefits from ERGO’s large sales network and can thus further expand its market position in real estate financing.

Olaf Bläser, Chairman of the Board of Management of ERGO Beratung und Vertrieb AG: “We have been Wüstenrot’s trusted partner for many years. Now, we are expanding our successful cooperation to include real estate financing. The combination of innovative technology and personal support by our sales agents is a recipe for success that will allow us to provide valuable advice for real estate financing, something our customers will benefit greatly from.”

Bernd Hertweck, Chairman of the Wüstenrot Board of Management: "We are very pleased to be further expanding our successful cooperation and partnership with ERGO, which will also increase our sales strength in real estate financing. The real estate financing market is a growth market, since property ownership is highly valued and the demand for modernization and renovation measures, especially from an energy perspective, is constantly increasing.”