ASking for upfront release?

JCK818 · 08-28-2008, 06:24 PM

WHat does it mean when you guys say you always ask for an upfront release of your contract and commissions? I'm new please help.

HomeService · 08-28-2008, 06:42 PM

It means the captive manager and or the independent marketing manager could not realease you to be appointed for 6 months or a year- when you leave.

Example: you go to work for XYZ captive. You quit. You try to work for broker that writes XYZ, along with others. You cannot sign the contract for 6 months. They won't release your appointment. Because: you may owe money back that you were advanced. You may even owe it -months from now.

HomeService · 08-28-2008, 06:46 PM

So, an upfront release is basically saying you will leave, eventually, and you will take your business elsewhere. Some managers do not appreciate that.

JCK818 · 08-28-2008, 10:44 PM

Ohhhh. So when you leave that agency...you can still get residuals if you move your file to another agency?

GreenSky · 08-29-2008, 12:16 AM

An upfront release is nothing more than a written promise that if you ask to be released at a later date it will be given. Period.

Rick