is it better to split business with another agent by paying them app fees or a split of the commission. What are the good and bad of paying app fees?

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   Jim Winkler

   CEO/Owner, Winkler Financial Group, Houston, Texas

   That is a great question! Typically when I split business, I split the commission. The reason is that I wanted the agent who shared in the business to feel that their effort in getting the business written was compensated properly, and appreciated. If the person getting you the apps knows the type of commission that you will receive for writing the business, and then receives from you a thank you and a very small fee by comparison to your commission, what is their incentive to give you more business? In our line of work reputation is everything, and having one as a person who appreciates and rewards beats the pants off one of being greedy and selfish.If you would like info on percentage splits, please inbox me. I hope that helps, thanks for asking!

   Answered on September 10, 2014

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