[RickyR3712]

you mean besides the fact that it's probably an internal memo and higher-ups has no intention of it becoming public?

or the reason i want to know... who is dworange and what authority did he have to share this?

or you mean reasons related to that three-letter acronym.... I......R...... ?

must be new to the internet if posting before thinking.... did he really think he'd get responses from every "firm" and their funding volume / commissions?

and to answer questions of how is a rep making 6.7% in commission on pushing paper.... aren't they notorious for charging their own PSF's on top of contract fees and original ISO's PSF? not to mention that rate spread... i wouldn't know precisely i don't work with them but good for them! always admired their work ethic and their will to get it done.

we all thought juan was the big dog til we saw dahan made 50% more on funding same amount and half the volume!!! lol!

But you have to assume the house is taking a spread also .maybe that is what he made for the company and took half of that home.

[ADiamond]

But you have to assume the house is taking a spread also .maybe that is what he made for the company and took half of that home.

doubtful - that's most likely what he took home, right under 7% - it's not impossible. couple points (part of) the rate spread and a portion of all fees...

im sure each rep has their own arrangement as far as how much of what each makes due to volume, length at company, seniority, how hard they work etc...

i firmly believe that's what they brought home... on paper... lol

[jotucker1983]

doubtful - that's most likely what he took home, right under 7% - it's not impossible. couple points (part of) the rate spread and a portion of all fees...

im sure each rep has their own arrangement as far as how much of what each makes due to volume, length at company, seniority, how hard they work etc...

i firmly believe that's what they brought home... on paper... lol

If Account Managers (who sit in an office all day, pushing paper back and forth from the sweat equity, marketing dollars, and "sales ability" of external brokers) are making $2 million to $4 million a year.......then I'm clearly on the wrong side of this business.

Where in the hell do I sign up lol??

[Karen37a]

If Account Managers (who sit in an office all day, pushing paper back and forth from the sweat equity, marketing dollars, and "sales ability" of external brokers) are making $2 million to $4 million a year.......then I'm clearly on the wrong side of this business.

Where in the hell do I sign up lol??

They won't take you because you treat the sales profession and the sales people badly.

Salespeople like to close sales with ex-salespeople or companies that understand the sales profession and all the drama involved.

Companies that tend to have "back office" guys who look down on the sales force usually go under. Especially when some of the sales force make more money than you.

Those types of people usually go to the bank or become processors.

Top salespeople choose people who are top reps...hence the reason the reps make so much money...they are the best at what they do....no excuse mentalities