Woods Rider
Expert
- 22
I've been selling Waterfront Condo Association insurance with a friend. When he got into the business some premiums were over $500,000! One deal would pay him $50k.
With our deal being a 50/50 split, I got into selling based on my average commissions being $20,000 to $30,00 per sale.
Now that I'm in the business I learned that rates have declined and my average commission is closer to $5,000 to $10,000 per deal.
Now he is selling his agency to a larger company which is making me want to look elsewhere for opportunities.
What commercial insurance carries the highest premiums thus the most potential income per sale? I'm 55 and planning on doing this for another 10-15 years.
With our deal being a 50/50 split, I got into selling based on my average commissions being $20,000 to $30,00 per sale.
Now that I'm in the business I learned that rates have declined and my average commission is closer to $5,000 to $10,000 per deal.
Now he is selling his agency to a larger company which is making me want to look elsewhere for opportunities.
What commercial insurance carries the highest premiums thus the most potential income per sale? I'm 55 and planning on doing this for another 10-15 years.