Salary or Commission?
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I agree with V.B. Find another job. I work for a broker and we have two processors. (although, they don't process our loans, they just handle payroll and other time consuming paperwork for the owner.) Never would the owner of my company dream of paying you commission based on someone else's performance. If you're relying on them to pay you based on the business they bring in, you're not with a good company. Find a larger broker/lender to work for who can afford to pay you. For example, my company has over 60 loan officer's, and the owner is still going strong. There's places out there that will offer you something better. LEAVE QUICK!!!
Salary or Commission?I'v been in sells for awhile and I agree with the previous posting. They can't afford to pay you so they are basically looking for away not to pay you or pay you less then you deserve. Your not the salesperson so you really don't control the sale therefore you shouldn't be on just commission. If anything you should have some sort of base pay plus commission but not straight commission. I would say find another job asap.
Salary or Commission?Well, do you trust these people to actually put loans in the pipeline? If so, go ahead and trust them. They are trusting you right now to close their loans, right? Just a thought.
Scott R
www.wantthebestrate.com
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