Need Input - Commercial Agent for Commission Only

[VaDwayne]

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Thank you for the reply, it really helped. I will for sure consider hiring someone soon.
If you don't mind me asking you a couple of questions. How do they pay your commissions, in one lump sum or do they brake it down monthly? and if the policy cancels, do you have to return some of your earned commissions?
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Thank you for the reply, it really helped. I will for sure consider hiring someone soon.
If you don't mind me asking you a couple of questions. How do they pay your commissions, in one lump sum or do they brake it down monthly? and if the policy cancels, do you have to return some of your earned commissions?

I will private message you with the information.

 

[JCK818]

Thank you...
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70% to the agent and 30% for the agency? for some reason it seems like a lot. I guess in my head it doesn't make sense the fact that an agent would make more commission than the agency when we're the ones that maintain everything ie. E&O, office supplies, phone, laptop, etc...

Please kindly explain it to me so it would make sense.

Agent is paying you in a sence. He is giving you money, a client you couldn't get yourself. A free gift.

 

[SeaDeezKnots]

Those are some really generous splits. No doubt you will get a response.