Background Check and Disqualifications A clean background is crucial. You cannot have any felony convictions. If you have a felony on your record, you are automatically disqualified from becoming a bail bonds agent.
As noted by the Professional Bail Agents Body of the US (PBUS,) the average bail bondsman rakes in $25, 000 to $50,000 each year. The body also noted that, in the major cities, some agents make hundreds of thousands of Dollars every year.
The bail bond agent will need you to sign some paperwork in order for you to secure their services. This usually means paying an amount to the agent, usually a percentage of the total bail amount, and signing off on any collateral for the bond.
Starting a bail bondsman business is a very attractive venture especially if you understand the growth potential. There are no businesses in the industry that have captured a majority of the market share which means that it is still up for grabs.
It pays well Although you may not become rich over night while working as a bail bondsman, the earning potential in this career is great. For instance, a bail bondsman working as a part-time agent by just writing three or four bonds a month can make enough income to replace a full-time paying job.
Postsecondary Training Some college-level course work in criminal justice and psychology and training in law enforcement techniques are helpful. Many of todays bail bondsmen have college degrees in criminal justice, although that is not a requirement.