Joseph Vertuccio

Real Estate Agent at SHORT TERM RENTAL MANAGER LLC

Anyone experienced in an Entry Business Consultant role for offering credit to merchants?

Hi all. I'm new to the app but I appreciate any and all contributions to this thread. Essentially offered a role that is mostly commission based with a slight base involved. I will be prospecting leads on mainly 6 products:

Performance Loans

Lines of credit

Term Loans

Self-employed mortgages

Business credit building

Merchant Processing.

Anyone experienced in this field and have words of advice on what to expect?

Thanks!

🎯 Career Development

🍾 Commission

👫 LEAD GEN

17 comments

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FinanceEngineer

Politicker

Sr Director, sales and partnerships

I have far too much experience, and it depends on where in the market you are targeting.

Real Estate Agent

That is promising, I would love to hear more. I haven’t started yet but I believe we offer these products to merchants across the country. What information do I need in order for you to give an in-depth response?

FinanceEngineer

Politicker

Sr Director, sales and partnerships

Depends. Are you actually funding or are you referral/marketing engine? What’s your box? Once I know these, I can help.

Real Estate Agent

We’re pretty much the broker between the merchant and the lenders.

Real Estate Agent

Whats a box? My commission rate? 25% of whatever commission I make for the company.

FinanceEngineer

Politicker

Sr Director, sales and partnerships

No, the box is your lending criteria.

Real Estate Agent

Minimum $10k a month deposits for last 3 months on loans. 20k minimum a month for last 6 months for line or credit.

Maximas

Tycoon

-1

Senior Sales Executive

Definitely, you beat me to it!

Real Estate Agent

Do you have any general advice? This is my first commission heavy sales job besides being an agent so I’m curious.

Pachacuti

Politicker

They call me Daddy, Sales Daddy

The reason its low base/high commission is that its a high churn environment. And be aware of WHEN they pay the commissions - is it when you make the sale or some time a long way down the road?

And yes, its high numbers game.

Real Estate Agent

Do you think there is still value to be had from this? If it helps me hammer out new skills, I’m all for it

oldcloser

Arsonist

💀

I know this world. Joey, it’s like selling life insurance to dead people. They all want it. Few are qualified. Big time numbers game. Not for everyone.

CuriousFox

WR Officer

🦊

How often are commissions paid?

Real Estate Agent

I will find this out today!

Real Estate Agent

So it’s paid bi-weekly. So far it seems like a good group of people. I don’t sense toxic/manipulative behavior. So I’m encouraged.

CPTAmerica

Opinionated

President/CRO

Don't know your background or qualifications but these types of roles can be a very tough way to break into sales. If they sold you on the role based on how much you "could" make, a number that sounded too good to be true, it probably is.

Real Estate Agent

I set the bar relatively low in terms of income for the early months in this job so I’m not expecting the world. I’m not hurting too bad financially rn so not in a rush. So far the work is definitely a grind but the group of guys I’m with are super positive and friendly. It makes me want to dial one more every time I get a click.

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Joseph Vertuccio

Anyone experienced in an Entry Business Consultant role for offering credit to merchants?

17 comments

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