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02-25-2016, 11:46 AM #1
Reputation points: 50583
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
NOT knocking anyone's hustle on here but I can tell you this:
On an average pay out of any of the deals I placed for "Brokers" in the past paid out 7pts. There isn't much work to be done in between from getting a deal, review, basic UW, and sending off. It's up to the broker to connect with their merchant and provide a professional experience and close properly. What is the % of that being done? VERY SMALL. You would have to accept a LARGE amount of Brokers in order to have a good turn over and 4-5 pts will not appease the masses. I have had some laugh @ 7 points. There is a huge lack of a certain something in this industry and extending your services (though you aren't doing anything wrong) will not be appreciated and worked in the way of your liking. You will gain more headache than revenue lol!Amanda Kingsley
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