Connect with like-minded individuals, ask questions, share ideas, and participate in discussions on a variety of topics.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Do real estate agents charge a large commission?
To be honest, it is necessary to know thatย the real estate commissions can vary and it greatly depend on some factors like location, market conditions, and the services that is provided by the agent. It's worth mentioning that some commissions may seem very large, but you should know that they ofteRead more
To be honest, it is necessary to know thatย the real estate commissions can vary and it greatly depend on some factors like location, market conditions, and the services that is provided by the agent. It’s worth mentioning that some commissions may seem very large, but you should know that they often cover a range of expenses that is associated with selling a property.
What should I do to become a successful insurance agent?
To become a successful insurance agent, you should start by getting licensed in your chosen state. This will require passing an exam and completing any necessary coursework. Next, focus on expanding your knowledge and expertise within the insurance industry by staying updated on industry trends andRead more
To become a successful insurance agent, you should start by getting licensed in your chosen state. This will require passing an exam and completing any necessary coursework. Next, focus on expanding your knowledge and expertise within the insurance industry by staying updated on industry trends and regulations. Additionally, networking and building professional relationships will be crucial to generating leads and finding potential clients. Lastly, consistently improving your sales and communication skills will help you build trust with clients and close more deals.
See lessAgent vs Distributor: What's the Difference?
The main differences between an agent and a distributor are: Agent: - Represents a company by soliciting sales orders or negotiating contracts on the company's behalf. They do not take ownership of the goods. - Works on commission based on sales revenue generated. - Typically sells complementary proRead more
The main differences between an agent and a distributor are:
Agent:
– Represents a company by soliciting sales orders or negotiating contracts on the company’s behalf. They do not take ownership of the goods.
– Works on commission based on sales revenue generated.
– Typically sells complementary products from multiple companies.
– Limited authority to make pricing/terms decisions.
– Lower financial risk – does not purchase and resell goods.
Distributor:
– Purchases goods from a manufacturer and resells them to retailers or end customers. Takes title to the goods.
– Operates independently, bears higher financial risk.
– Makes own pricing/terms decisions within guidelines.
– May provide value-added services like warehousing, delivery, packaging.
– Revenue comes from margin between distributor purchase price and sales price.
– Typically sells a manufacturer’s full product line in an assigned territory.
In summary, agents just facilitate sales as a representative, while distributors function more as independent resellers that buy and take ownership of inventory. The distribution model involves higher financial risk but also greater control over the local market.
See less