I Spent 30 Days Analyzing AGENTS CONTRACTS and Here's What I Found

20 Jan 2025 · 1 min

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0:35

Allen Kopelman found that agents often don't read their contracts and accidentally sign away liability for unpaid merchant bills. If an agent returns a signed agreement within hours, they probably didn't actually read it.

watch out for. A lot of agents don't read their contracts, so they find out like all of a sudden, oh, I signed a paper that says if my merchant doesn't pay their bill, I'm responsible for it. And they thought they had no liability, but somebody snuck something in somewhere.
Yeah, and it's funny you say that, Allen. Um, whenever I send an agent agreement out to an agent I know if they read that contract or not, if they read the agreement or not, based upon how soon they get it back to me.

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