Renewal commissions-What is the industry standard?
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  1. #1
    Karen37a
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    Quote Originally Posted by Michael I View Post
    none of you answered the poster question . After how long that a deal is paid off do you no longer pay the original iso ?
    "you" is many people who have many different rules...

    What I have found to be true and fair is 30 days. Some say 14 days then it hangs in space where it is considered to be "in house" and then the inside brokers are trying to close it and the new outside iso/broker ( who recieved the file) are either closing it or taking it away to another funder.

    This is all a moot point because some iso agreements have quotas and they also say you can be terminated for any reason whatsoever.

    hense the creation of the super isos
    Last edited by Karen37a; 04-23-2018 at 01:17 PM.

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