1. EachPod

Should I Share Commissions With Partners?

Author
James Veigli + Ash Playsted
Published
Sun 17 Mar 2024
Episode Link
https://brokerideasgroup.com.au/episodes/#episode178

Should you share commissions with your referral partners?

The short answer is… it depends.

More importantly, and the thing most brokers get wrong, is that the default starting position… should always be a hard and fast “No”.

Unfortunately, most brokers default to offering a share of commission in order to win partnerships, which is a big mistake, and leads to an array of future problems.

In this episode of Mortgage Broker Acceleration, you’ll learn the important things to consider when it comes to sharing commissions; when to do it, when not to do it, how to do it, and how to deal with partners who ask.

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