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.
The weighted national average commission for a Voluntary Repossession is $52.95.
The weighted national average commission for an Impound Repossession is $88.08.
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.
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