I wish I could say I was shocked.

Along other lines. I have been approached by two investors about starting a Mortgage company for them. I advised them after our intial meeting I would on two conditions. They follow my business plan and I do all the hiring.

Big deal most say. Here is the whammy. I'm using the Remax business model. Loan officers have to pay a 2k desk fee per month and in return they get hands off processing and they take 90% commission. With this plan it's designed to weed out the weak. No leads are given them, only a private office with state of the art technology and kick ass support.

Guess how many resumes I have recieved. None. It's not the desk fee because the numbers give them about 2k more a month from what other shops are paying in commission. It's the no leads that kills them.

I call them order takers. The loan officers that sit in an office waiting like a hungry dog for that next hot lead tranfer.  These are the same LO that have the balls to ask me how many games I'm taking them to in a year.

Bah... I give up.