Charging Fees

tsa0282

New Member
4
I am currently expanding my brokerage to multiple states and I have not been successful with charging fees. Before I continue my expansion to states such as Florida, how are commercial brokerages staying profitable?

I am based in California and it is hard to imagine not charging broker fees or other fees to stay in business.

If it is possible will some one give me a hint on how to successfully survive in markets without broker fees.
 
With no broker fees you'll need to write high premium volume. Also if you have a base in Cali and charge fees, expanding to other states should just be additional income unless you actually plan on having a physical location.
 
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