Quote Originally Posted by TheUnderwritingProdigy View Post
Agreed. So many brokers have blinders on and refuse to see the big picture. The long term renewal game is where all the money is at. Stop screwing it up for yourselves and everyone else.
the number one thing by far to have a renewal game is to make sure you placed the merchant correctly . i dont care if you made 1% if you put the merchant in the wrong home they will wind up going somewhere else .
Also funders need to know the market and renew based on that. I remember how easy it was to move a merchant when on deck and bfs started going out 12 plus months instead of the 6 month 1.38 and 8 month 1.48 that it was at for ever. Same thing happened when the second position guys went from the 3- 4 moths to the 6-10 months the ones that were not adapting were losing all their clients