Add Sales Commission Agreement Template Mark with airSlate SignNow

Add Sales Commission Agreement Template digital sign

export/import practical learn from real entrepreneurs topic how to protect commission fee in export-import business one of the easiest way is to start as an export-import agent but how an agent can protect its commission fee this is something that worries a lot of people this video will show you two most important strategies how an agent can protect his agreed commission fee and avoid swept out of the game one protect commission fee with the solid commission contract until you are not working for a very close friend or relative it is elementary that you are signing a solid Commission contract with the parties Commission agreement is the legal tool that will protect your fee for the work you are doing usually the Commission can be earned over a long period the agent can earn agreed percent of the total amount of the transactions executed this all needs to be marked on the Commission contract the agents are getting paid because they are finding a better supplier or they help to sell more they help to make extra revenue or they can save costs that's why they exist and getting paid commission agreements can be done with only one side or both sides if the agent works for the suppliers helps them find more buyers makes more sales then the agent will sign a contract with only that supplier here you agree on Commission fee per every sale what comes through you also if the agent is sourcing lower price raw material suppliers to the factory then the agent can earn Commission fee from the buying transactions this way agent helps save money for the factory the most complicated is to sign a commission agreement with both sides example agent finds raw material supplier sign permission agreement with a supplier as an additional agent signs commission agreement with the buyer Factory if done correctly the agent may earn Commission fee from both sides we suggest for less experienced agents to sign a contract with one side first the side of what is located in your country it's better if you ask a commission from the company what is on the same legal system like you what commission agreement should include and how to sign solid commission agreement needs to include all the details of the deal and the duration of the contract sales or purchase price of the products that will be sold or bought commission percent of the sales or purchase price usually it is in the range of 1 to 5 percent depends on the products the quantity what will be traded by month for example 100 tons per month the length of the commission period example 1 year contract seller or buyer contacts who will pay the Commission commission agent details the total amount of the Commission fee for the contract period it's important that the terms of how the Commission fee will be paid out are set also the sanctions and penalties if parties won't keep their words you need to set the step by step process how parties will work signed and understood by a party step-by-step description how sales or purchase transactions will be executed exactly when and during what period the Commission fee will be paid out to the agent include bank details notification Clause if one side wants to deal directly without the agent the agent still needs to get its agreed total Commission fee based on the contract period penalties if sides won't meet their obligation duties and avoid the Commission fee the applicable law and the police way signs will approach for protecting their rights we suggest for an agent to always use its own country law as an applicable law the contract needs to be signed and proved must be clear that the right person has signed the contracts and person has the rights to do so to prove the identity of the Sinese we suggest following add the copy of each person ID card or passport to the contract go to the notary or arbitration and sign contracts there with the client this way the contract is proved by notary or lawyer they will check the person's identity and confirm it so before signing any Commission agreement you should talk to your lawyer and ask legal advice the contract should be concluded by a professional lawyer to be a valued partner for your clients the contract is the legal tool which will protect you if something goes wrong but there is one another effective method for keeping your clients loyal you need to be a valuable partner for them if your clients see that you are useful for them and you may bring better deals in the future then they don't want to cheat you in business you as the agent will be paid for two things one you either help someone make more money or two you help them save costs offer better suppliers if you always keep the previous two in your mind and always work on with these two to offer great value to your partner then they don't have any reason to avoid you very often agents just want to earn a commission but they don't think how much value they offer to the client if they won't offer any value then why should anyone pay the commission if you are able to permanently offer value to your client then you no need to worry about losing your commission below are some ideas how you can offer more value to clients and make them want to work with you long time one find always better deals and negotiate best prices for your clients present those deals to your clients when it's right time to offer new ideas if you see that you may get good results for your clients three stand for the rights of your clients be their advisor and help to negotiate with suppliers many agents make the mistake that they close one Beall sign contracts and then just leave it they waiting for automatic income forever this is a big mistake and the main reason why the agent loses its commission you need to always keep your eyes open and find new ways how you can deliver more value if you give value to the client you no need to worry about your fee but if you just want to make easy money then even a super good contract won't help you we hope this video open eyes for the agents and made them realize that all depends on the value commission fee depends on the value you deliver to your clients either saving costs or making new sales we will teach step-by-step how to start as an export-import agent visit our website for the course Export Import practical comm