I'm writing this post to get it off my chest. This has been bothering me so much that I actually woke up last night thinking about it. I had a ton of expenses with my old job, including mileage, to the tune of about $25,000 to $30,000. Now I was grossing around $65-70,000 so I wasn't making enough to have all those expenses but I knew that I had them. It was ugly there. I had to pay for my own assistant, pay for my marketing/advertising, pay for my gas to drive wherever (and I put on a lot of miles), and pay to go to their mandatory conferences. I got sick of paying for so many expenses when I was a W-2 employee.
With my current job, I'm reimbursed for most things. I get reimbursed for mileage, meals with clients, part of my cell phone, etc. They are really good about reimbursing me. However, I do sometimes have to pay for credit reports, appraisals, or title work if they are ordered but the client won't pay for them because the deal fell through. I found out yesterday that a deal that fell through in October had a bill for title work to the tune of $365. The client called me and of course wanted me to take care of it. I can't say no because I ordered the title work and this stupid title company still charges me.
I called the title company today to see if they would waive part of the fees. I have since quit using this title company because they mess things up and it is too expensive for me when the deal falls apart. I had one other one with this title company that fell apart and the borrower had to pay about $400 in fees and didn't close the loan. Thankfully, they did pay the fees. They said that they would waive $35 so I will only have to pay $330. I'm never going to use this title company again. I will pay it but it sucks. I might as well pay in on Thursday when I get my commission check.