Results 26 to 33 of 33
-
07-18-2019, 02:29 PM #26
- Join Date
- Dec 2017
- Posts
- 238
-
07-20-2019, 11:00 AM #27
- Join Date
- Aug 2018
- Posts
- 795
My team does around 900k or so a week.
I know the avg broker funds 250 a month.
-
07-22-2019, 10:27 AM #28
- Join Date
- Jun 2017
- Posts
- 2,049
240,000 Is the Total Commission but the Reps are Getting Rips on that. You Factored in 5k a Month, But the top preformers arent making 5k a month they are getting a percentage of that commission. 50% Usually Goes to the House. SO that is $120,000 Being Pocketed at the end of the day.
Nevermind he is Calling UCC's....8% Avg Commission is Prob Generous.
27 Employees, 135k Payroll? Geeze, Id hate to work for you. I cant live off $5,000 a Month, I dunno who can.
-
07-22-2019, 10:29 AM #29
- Join Date
- Jun 2017
- Posts
- 2,049
240,000 Is the Total Commission but the Reps are Getting Rips on that. You Factored in 5k a Month, But the top preformers arent making 5k a month they are getting a percentage of that commission. 50% Usually Goes to the House. SO that is $120,000 Being Pocketed at the end of the day.....with 179k in Expenses???? I know that im skewing it the other way, But still.....
Nevermind he is Calling UCC's....8% Avg Commission is Prob Generous.
27 Employees, 135k Payroll? Geeze, Id hate to work for you. I cant live off $5,000 a Month, I dunno who can.
-
07-22-2019, 10:42 AM #30
- Join Date
- Jun 2015
- Posts
- 3,322
since everyone is in a sharing mood . what will you say is your average cost per funded deal ?
-
07-22-2019, 11:12 AM #31
I’m not sure if my original post was clear enough, but those are just arbitrary numbers I threw together to explain that MoneyPenny’s model of 27 agents for 3MM funded isn’t as bad as some people are making it seem. I have no clue what they are actually paying their people or their exact expenses.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
-
07-25-2019, 06:09 AM #32
- Join Date
- Aug 2018
- Posts
- 795
-
07-25-2019, 06:11 AM #33
- Join Date
- Aug 2018
- Posts
- 795
Similar Threads
-
Is biz fi any good?
By wallerbusiness in forum Merchant Cash AdvanceReplies: 40Last Post: 05-19-2017, 05:25 PM -
$50,000 with monthly payments from merchant with $115,000 in monthly sales
By BuyTanningSalons in forum Deal BinReplies: 6Last Post: 02-10-2017, 09:24 PM -
Res. Healthcare paid monthly from Gov. FICO 650+ monthly rev $80K looking for $150K
By audriana_709 in forum Deal BinReplies: 10Last Post: 01-25-2017, 01:08 PM -
what MCA or banks are doing monthly payments or bi monthly
By chris32111 in forum Business LoansReplies: 5Last Post: 08-14-2015, 06:30 PM -
Bar&Grill 25k Monthly Deposit 500 fico 9k monthly on Credit Card Processing
By wallerbusiness in forum Deal BinReplies: 2Last Post: 04-14-2015, 08:44 AM