Renewal Commission


Definition of "Renewal commission"

Nativita  Warner real estate agent
Nativita Warner, Real Estate Agent Keller Williams Premier

Commission paid to an agent after the first year commission has been paid to that agent. Renewal commissions generally form a substantial portion of an agent's income after four years in the business and serve as an important incentive for him or her to make every effort to keep the policies on an in-force business status.

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