Dan OBrien
Expert
- 34
How much of a percentage do they get if you already get the full commission rate?
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How much of a percentage do they get if you already get the full commission rate?
This kind of question always bugs me.
What do you CARE about how much the IMO/FMO makes?
You should be more concerned about what they pay YOU, what kind of support they offer (including training) and if commissions are paid to them vs you.
Nothing else matters.
If you want a bigger piece of the pie, earn it.
How do you know he is not a new agent trying to understand how commissions work?
Even if he is not new, it doesn't readily make sense mathematically the first time an agent wonders "Hey how much does the IMO get paid if they are paying me 100% commissions?"
This kind of question always bugs me.
What do you CARE about how much the IMO/FMO makes?
You should be more concerned about what they pay YOU, what kind of support they offer (including training) and if commissions are paid to them vs you.
Nothing else matters.
If you want a bigger piece of the pie, earn it.
If an agent doesnt understand the pay structure of this industry, how will they ever know if they are receiving fair pay? Or how will they be able to negotiate if/when in a position to do so?