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  1. #1
    Karen37a
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    Quote Originally Posted by J.Celifarco View Post
    I dont see anyone cutting off ISO business, yes they want to do as much in house business as possible to reduce commission payouts but I havent heard of anyone turning off ISO business other then the cutting off of bad or underperforming ISO's
    doing in-house business does not reduce commission pay outs as an expense as the commission is an upsell.Ask someone else to go thru all the details with you. They would have to have owned agencies. or multiple isos

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Karen37a View Post
    doing in-house business does not reduce commission pay outs as an expense as the commission is an upsell.Ask someone else to go thru all the details with you. They would have to have owned agencies. or multiple isos
    yes but they have the same upsell and get to pay the money back to themselves through their inhouse sales office. Again you are not making clear what you are trying to say.

    If a deal has a 10 point upsell any bank would rather pay the 10 to themselves then pay the sales person their cut rather then pay a full 10 to an outside iso. That just common sense.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
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    Email: john@horizonfundinggroup.com

  3. #3
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    Quote Originally Posted by Karen37a View Post
    doing in-house business does not reduce commission pay outs as an expense as the commission is an upsell.Ask someone else to go thru all the details with you. They would have to have owned agencies. or multiple isos
    Intriguing take. But wrong.

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