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Exiting a franchise is a lucrative move

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Australian Broker | 10 Sep 2012, 08:30 AM Agree 0
A major brokerage’s ‘exit strategy’ for franchise owners is providing huge financial rewards, it claims
  • ozboy | 10 Sep 2012, 10:10 AM Agree 0
    If you only get 50% of the trail payments then you really only get 1.5 times, which is the starting price for everyone else. Nice sales spin!
  • sidbroker | 10 Sep 2012, 10:48 AM Agree 0
    Good on you ozboy. On the money again. I wish they would print all of my comments. I think the world is a better place with rednecks and our not so politically perfect comments!!
  • 1martym1 | 10 Sep 2012, 02:37 PM Agree 0
    50% is generous. It is based on rolling average upfront settlements so if you are not settling good numbers the trail dwindles regardless of the size of your book.
  • ryteo | 10 Sep 2012, 06:38 PM Agree 0
    it does say that it is 3 times the net trail which I assume to be after MC commissions?
    ie if MC only took 20% then the sale price would be even higher in real terms?
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