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04-29-2014, 12:13 PM #1Senior Member
Reputation points: 12452
- Join Date
- Jun 2013
- Posts
- 351
I dont understand how agents are willing to take far less of a commission on the renewals when there are tier 1 funders paying out full commission on renewals.
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04-29-2014, 03:48 PM #2Senior Member
Reputation points: 325
- Join Date
- May 2013
- Location
- New York
- Posts
- 247
as chambo said, thy aren't even paying ppl... im sure they pay some ISOs, but I have heard of reps getting burned big by CAN... it is what it is... besides, the merchant isn't going to move over to another funder when CAN cuts out commissions and says "we'll give you money for dirt cheap over 18 months" and everyone else is like "1.42 over 12 months"
Originally Posted by funding pro
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04-29-2014, 03:49 PM #3Senior Member
Reputation points: 325
- Join Date
- May 2013
- Location
- New York
- Posts
- 247
they own the space... its like, 65% of the market share... nuts...
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