I am new to the forum even though I have been lurking here for about a week. Seems to be a lot of good information on here.
My question is about a compensation package I have been offered.
Local P&C and L&H agent has offered me an opportunity to join his firm. I am currently L&H licensed but not P&C. As part of the agreement, I will have to get my P&C license. I have been selling L&H while keeping my full time job. He would like for me to leave that job and go full time with him. He has been in the business for quite a while and does fairly well.
He has offered me 1000 a month plus commission. With me receiving 50% of my P&C commissions, 50% of my life commissions and 60% of health commissions. The %'s will continue up on a scale maxing out at 80%. The grand will be available to me for 1 year.
I have to do certain amounts of contracts per month in each line.
Is this a pretty normal deal?
What type of commission can be generated off of the P&C per month or per year?
Thanks for the help!
My question is about a compensation package I have been offered.
Local P&C and L&H agent has offered me an opportunity to join his firm. I am currently L&H licensed but not P&C. As part of the agreement, I will have to get my P&C license. I have been selling L&H while keeping my full time job. He would like for me to leave that job and go full time with him. He has been in the business for quite a while and does fairly well.
He has offered me 1000 a month plus commission. With me receiving 50% of my P&C commissions, 50% of my life commissions and 60% of health commissions. The %'s will continue up on a scale maxing out at 80%. The grand will be available to me for 1 year.
I have to do certain amounts of contracts per month in each line.
Is this a pretty normal deal?
What type of commission can be generated off of the P&C per month or per year?
Thanks for the help!