AGENCY
FEE COMPARISONS
(WWI VS. THE COMPETITION)
TYPICAL COMPARISON OF
AGENCIES’ FEES GENERATED
WITHOUT ASSISTANCE FROM A
COMMERCIAL COLLECTION
ATTORNEY (PRELIMINARY SERVICE)
|
|
|
AMOUNT COLLECTED |
AGENCY FEE |
FEES |
|
COMPETITOR |
|
$6,000 |
25%
|
$1,500
|
|
|
|
|
|
|
|
WWI |
|
$6,000 |
15%
|
$1,000 *
|
*FEE SAVINGS: $1,500 - $1,000 = $500, which equates to 50%!
|
|
|
AMOUNT COLLECTED |
AGENCY FEE |
FEES |
|
COMPETITOR |
|
$20,000 |
25%
|
$5,000
|
|
|
|
|
|
|
|
WWI |
|
$20,000 |
15%
|
$3,100 **
|
**FEE SAVINGS: $5,000 - $3,100 = $1,900, which equates to 61%!
WWI Preliminary rates are 20% on the first $2,000.00 collected and then 15% applied to additional recoveries. Although by appearance the 15% compared to 25% (competitor) seems “close;” however, with Williams & Williams, Inc. the actual real fee savings average between 50% and 61%.