Results 1 to 13 of 13
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04-26-2021, 12:07 AM #1
- Join Date
- Apr 2021
- Posts
- 50
Commission only employees?
Hello,
Long time viewer of the forum and finally decided to make an account.
Based off your experience in the industry, what is a typical commission % paid to reps doing MCA sales or ISO work? Assuming all work is 100% commission based no salary.
Thanks,
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04-26-2021, 08:08 AM #2
- Join Date
- Apr 2021
- Posts
- 45
30% to 50% of commission paid by Funder in a deal basis
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04-26-2021, 09:03 AM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,960
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-26-2021, 09:53 AM #4
Some large shops start reps on 25% Comm and 20% on Fees
If you know you know
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04-26-2021, 11:29 AM #5
- Join Date
- Jun 2019
- Posts
- 44
Demand 50 percent at minimum. You are only commission. You are calling the lead, selling the lead and closing the lead. You made the company money. Demand 50 percent or leave, period.
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04-29-2021, 11:29 AM #6
- Join Date
- Feb 2019
- Posts
- 96
if you have experience and you closing your own deals, no reason why you should get less then 40% or even 50%. If someone else is closing your deals then 20-30%
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04-29-2021, 11:39 AM #7
- Join Date
- Jan 2018
- Posts
- 519
unless the company is spending thousands and thousands and thousands a week on marketing/leads demand absolutely nothing less than 50%. and if the leads are bad spend a few hundred dollars opening up your own LLC and literally just google businesses to call since that will honestly not be much less than calling an old UCC list that's probably been called 50,000 times and been put in 100,000 dialer systems.
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04-29-2021, 01:15 PM #8
- Join Date
- Apr 2021
- Posts
- 50
Thanks for the responses..
For a ISO manager should you still be demanding 50% or is it normal to take less?
Better way to put this, how many points should you make per ISO deal if you are 100% commission.
Is 1-2 points per deal acceptable?
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04-29-2021, 01:20 PM #9
- Join Date
- Jan 2018
- Posts
- 519
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04-29-2021, 01:38 PM #10
- Join Date
- Dec 2017
- Posts
- 397
Are they your iso lists or did the company give you the isos to manage? if you're bringing on the isos 50% min.. as for points for iso manager it depends how much you pay your iso and what the spread is on the deal. say youre getting 12 or 15 pts upsell and but youre only paying the iso 7,8 or 10 pts..
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04-29-2021, 04:39 PM #11
- Join Date
- Jul 2014
- Posts
- 70
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04-29-2021, 06:23 PM #12
- Join Date
- Mar 2019
- Posts
- 254
EPIC ADVANCE
Mark@epic-advance.com
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05-05-2021, 12:31 PM #13
- Join Date
- Apr 2021
- Posts
- 43
Closers get what they want. Callers and customer relation managers get what they can.
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