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11-05-2017, 01:35 PM #1
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- May 2017
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- 350
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11-05-2017, 01:50 PM #2
- Join Date
- Feb 2017
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- 3,374
50% for just a placement is a rip-off, I agree. MOST of the work is the relationship and the app!
On the other hand, if the other broker can do something you can't (they teach you how to manage this type of loan), then 50% is fair. I would never take less than 40-50% on a real estate deal - most of the work is AFTER they've accepted the loan T&C, whereas in MCA most of the work is getting the docs prior to T&C.
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11-06-2017, 10:27 AM #3
- Join Date
- Jun 2017
- Posts
- 2,049
We do 60/40 if all your doing is giving us a Submission. We will gather stips/sell then pay you.
If you do the gathering of stips and selling we will do 80/20.
80% Of our Business comes from ISO's. We get deals done. If you can generate Submission s we can get you offers and close them (If needed).
We work with well established shops that just cant find homes for their files. I personally prefer the smaller guys like you... I think we would be a good fit.Last edited by ryan $; 11-06-2017 at 10:31 AM.