$$$$ and Sense
In This Chapter
• The inside scoop on commissions and splits
• Be prepared for the worst, hope for the best
• Planning for the future
• Expenses: who pays for what?
Congratulations! The owner of the mortgage broker firm has offered you a job. You like the boss, your co-workers seem collegial, and the company culture is supportive and energetic. You want to be a mortgage broker and this is a great opportunity. All this sounds terrific, but now let’s get down to the nitty-gritty of the business side of a job.
How often are you going to get paid? How are you going to handle the slow months when the commissions are few and far between? Who’s going to pay for your health insurance? How about your travel expenses? Who picks ...