CURepossession

Where the repossession industry gets its news

May 2020 “State of the Repossession Industry Survey” – AGENT COMMISSIONS

Click to enlarge

I’m not going to tell you all how to run your companies, but I am baffles at how the fees and agent commissions have, for the most, barely budged since I was working as an agent in the early 90’s.

The weighted national average commission for an Involuntary Repossession is $91.53.

Click to enlarge

The weighted national average commission for a Voluntary Repossession is $52.95.

Click to enlarge

The weighted national average commission for an Impound Repossession is $88.08.

Click to enlarge

As part of the agent’s recovery duties, only a reported 38% have to perform the disgusting and time consuming duty of removing and performing inventory of personal property. A total of 58% do have to perform completing the condition reports though.

Click to Proceed to Conclusion

Click on the below to proceed to the other sections

Introduction

Standard Operations

Staff Levels

Fees

Violence

Forwarders

LPR

Agent Commissions

Conclusion

Print Friendly, PDF & Email

Facebook Comments