9:00 AM Starting a Travel Agency From Home - A Quick Guide | ||||
#home based travel agent # Starting a Travel Agency from HomeIf you re thinking of starting a travel agency from home, you re in luck. The start-up costs are relatively low and there are plenty of opportunities for someone with the passion for selling travel. Utilizing a host agency makes it a plug-and-play experience with very little risk or low up-front costs. Why Use a Host Agency?The first thing you ll want to do is start looking for a host agency. For independent agents (those not employed by a travel agency), about 50% go with a host, 50% chose to go on their own. I m an advocate of a host agency for nearly all agents new to the industry; the 50% that choose to go on their own are nearly all experienced agents with large books of business and established supplier relationships. Now, if you re asking what is a host agency that s a key component to understand. Start by reading our post covering that topic. Next step, understanding why you need a host agency. In a nutshell, a host agency will keep your costs down, allow you higher commissions, do back-end work like commission tracking for you, and provide training and support. Some even include Errors Omissions insurance. Our 7 benefits to using a host agency article goes more in-depth into why you would want to use a host travel agency. When you use a host agency, you don t have the cost or hassle of getting your own ARC. CLIA. or IATA number. You ll use the host agency s accreditation number and be under their umbrella. If you are an agency using the GDS, the host files the ARC report, saving you tons of time each week where you re not filing the darn thing. Another bonus? They also save you lots of moola by not having to be an ARC appointed agency and in some cases, help you earn more through their agency s exclusive airline contracts. One last note on saving you money. Travel host agencies add a little more change in your pocket by taking care of some of the required travel agency licensing . It s true, you don t need a host agency, you can go completely independent or join a franchise, co-op, or consortium. However, when you re starting a travel agency from home, having access to the higher commissions, experience, and tools the host agency offers will be extremely helpful. Beyond that, they offer lower risks and investment while also giving higher commissions. Getting Ready to Start Your Home Based Travel AgencyYou may be excited to start your travel agency from home but there are some things you will want to take care of before signing up with a host travel agency.
Don t worry if you didn t do these things yet, it s not the end of the world but you do need to do them as soon as possible. Once you start your travel agency from home, you ll have lots of other things needing your attention so laying the groundwork properly as soon as you can is in your best interest. Signing up with a Host AgencySigning up with a host agency is an easy process and doesn t take long. Many host agencies will do a background and/or credit check before you are accepted into their program. Some host agencies require phone interviews. There are many, many host agencies vying for your business. make sure you ve done your due diligence and found the best fit for your home based travel agency. Starting a travel agency from home is surprisingly easy. The difficult part is learning the travel industry and building up your clients. It requires passion, drive, and patience. Having been a host agency director for over 5 years, I can tell you it takes around 2-4 years before most new home based agents feel comfortable with the industry and start to see their businesses take off. Don t let that scare you, I can also tell you that those agents that had the passion, drive, and patience haven t looked back since and are living their dream! Check out our post on how much a travel agent makes for more on earning potential. If you like what you read, we think you should think about joining over 6,000 other subscribers to our monthly newsletter for more helpful articles. If you found it uber helpful and want to say thank you, please give us a like, tweet, +1 at the top to help others find our article! Questions? Ask Away.I ve worked with thousands of agents looking to start a travel agency from home over the years. Ask your questions in the comments below or drop me a line on Facebook. Twitter. or Google+ . The travel industry opens possibilities of traveling to beautiful places to help you do your job better. It s important to understand you still have to work in the travel industry (boo), you just get to have a lot more fun doing it than most people (yay)!
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