New in Michigan - Compensation

I am a newly appointed producer in the detroit, michigan area and look forward to learning from all of you on the forum.

I have a agent that has taken me on and has been a amazing person to work with during this on boarding process. I was wondering if the compensation I was offered and have graciously accepted is "fair."

40K base with 65-85$ commission on P&C. The first 25 go to the house and if I sell 2 LI policies then all the commissions for the month go to the higher 85$.

Thoughts?

Thank you!
 

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