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04-16-2014, 02:25 PM #1
- Join Date
- Apr 2014
- Posts
- 20
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04-27-2014, 04:58 AM #2
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Standard Agent commission from the ISO gross
establish a buy rate program with your funding partners, Mark it up 8 or ten points....aka make 8 or 10 percent commission and if it was a referral split your commission a true 50 50.
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04-27-2014, 09:09 AM #3
- Join Date
- Mar 2014
- Posts
- 147
Standard Agent commission from the ISO gross
This is the best scenario 50/50 no base using buy rates / however this is for cold callers, what do you recommend for inbound leads. Example let's say we are spending big money on ppc for all leads. 50/50 is way to much commission at that point. With a 20-30k base. Maybe 10%-15% of the commission.
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04-28-2014, 10:03 AM #4
that is a pretty weak base... and 15% is kind of weak too... lol
when you work for an ISO shop, your normally not going to get a base, but a huge rip on commisisons... when you work for a lender, and have to do all sorts of admin work as well as selling, you should expect a base... thats my opinion...
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04-29-2014, 12:09 AM #5
- Join Date
- Mar 2014
- Posts
- 147
Standard Agent commission from the ISO gross
Thanks Ryan
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04-29-2014, 12:06 PM #6
Standard Agent commission from the ISO gross
My company starts at 7%. Depending on the volume your doing with is, it could go up. We specialize in high risk niche advances. Meaning we look to 2nd 3rd and even 4th positions! Give me a call! 855-565-grow (4769) ext 32
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