Lost my previous thread..
Is a 70/30% of profit -split between broker and agent acceptable?
Meaning 70$ to broker (licensed, etc, etc)
30% of profit to agent.
Broker does all back office work. Invoicing, insurance, carrier packets, agreements etc etc
Agent strictly just brings in customers, finds trucks, inputs loads into program.
Paid weekly.
Commission Split?
Discussion in 'Freight Broker Forum' started by kw600, Jul 19, 2015.
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I would think your split should be opposite of that. Meaning, 70% to the agent (or agency) and 30% to the broker (corporate office). That would apply if you own the agency, if you are working for the agent then there numerous ways you could get paid (commission, hourly, salary, etc). I haven't been around that long but I would think a 70/30 split between the corporate office and agency would be on the better end of split percentages, but I am not 100% sure.
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Let's say example me(agent) is working for tql.
I get to keep 30% of the profit.
TQL keeps 70% of the profit and do the invoicing and all the back office paperwork.
This is what I am being offered. But not with TQL lol
I can't wrap my head around what the commission should be. But I am being told I get 30%. They do everything back office. I cold call etc etc and get customers.. -
KW, typical split that i have seen is 60% to the agent....
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If you're getting 30% on house accounts, ok. 30% on your customers is a rip-off.
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Other key points
I don't have actual brokering experience but have dispatching and booking my own loads experience
1099 at end of year
No house loads -
KW, then the start should be 60% minimum....no house loads etc...
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Every month 400 people find a job with the help of TruckersReport.