Knowing how much do bail agents make is important to knowing how they make their money. The basic pay rate for agents is fifty percent of the amount of money that is put up for bail, although some are paid a higher rate depending on the charges against the defendant. Once they take the money from the bond agent then puts it into an account for you. He keeps the money until they have been paid and when they are the amount that is the agent’s return on his services.
There are many reasons why they will make a higher commission than the bail agent does but this is the one where the more dangerous ones make it out on top. There is a lot of competition for jobs and agents work for a fee. Some bail bonds agents have mortgages that require that they make the monthly payment on time or face the loss of their home or even their bail bonds business.
Some people who are poor don’t have the money to put up bail themselves. These are the people who need bail bondsmen. There are those that work with other companies and make a fraction of what the agents do and there are those that do not work for anyone else and do it as their own business. Anyone who is going to make a profit off of your bail will be compensated for it.
It is true that they can save money by having their fees waived and this can help them in case of an emergency or when someone cannot come up with the cash to post bail. If they do not make enough in their time, they can work to get free work by turning around and getting someone else to bail them out.
If they do not need to bail out someone every few months they will likely work with the company that the bail bondsmen work for. Most of these companies have established good relationships with the local jails that handle the bond. The more work they do the more money they make.
The defendant’s loved one or friend will usually call up the local jail and see if they can set up an arrangement so that they can do the work for them instead of paying them directly. This helps them get to make more money from their clients.
Once the bails are posted and the bail bond agents get paid for their services the people that bail them out do not always have to pay them. There are always ways for someone to help bail out someone, whether it is another agent or another way to help them is not always obvious. In other words, bail bond agents make a lot of money.