Commission Bump on Old Business

Jun 2, 2016

  1. gibster
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    gibster New Member

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    Say for example my split with my agency is 70%. Tomorrow they increase it to 80% effective immediately. Should i expect all existing business in my pipeline to now pay me out at the higher share, or is 80% only on future new business?

    Thanks.
     
    gibster, Jun 2, 2016
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  2. Todd King
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    Todd King IMO/FMO Owner

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    Absolutely not. The commission on the old business is set and won't change. Look at it this way; in order to get you that extra 10% they have to take it away from someone else that's already getting it. Not going to happen.
     
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