I am a work from home independent travel consultant. I am in the US and travel agencies here work different than from Canada but I would be happy to answer any questions the best I can.
Here 80% is usually the best cut you can get (few exceptions). It is a very difficult business to break into if you do not have an existing client base. I don't want to sound pessimistic at all and I actually think agents in Canada have it a better than we do here as far as making money (most Canadians travel for a week to 2 weeks at a time, Americans tend to take 3-4 night trips that don't have as much profit), but here are some things to consider that a lot of newcomers may not know about:
1. Out of pocket expenses can be high. I spend over $700.00 just at he post office last year. Office supplies, computer, internet, fax, phone line, mail, fees to hot agency, business cards and other marketing materials, tables at bridal shows and trade shows, etc.
2.We do not get paid until several weeks after the clients travel. Take a look at the boards here to see how far in advance some people plan their trips. This can sometimes mean that you spend a year working with a client just to earn a couple of hundred dollars. Also if guests cancel you make either nothing or a small amount paid by insurance company if insurance is purchased. Also ste up a system to deter tire kickers.
Dreams Unlimited has a system I really like from what I have read on their site as far as quotes are free but you must actually book to be assigned a travel consultant and given their number. I have worked with clients for months and given them countless quotes only for them to decide to book on Expedia to save 20 bucks when I could have matched the price anyway.
You do receive discounts from hotels but there are usually restrictions as far as who you can bring (if anyone) and when you can travel. Airlines do not give us discounts. However, that's another area that I think may be slightly better in CA as I think some tour ops give airline discounts and comps to those in the travel industry.
If you want to specialize in Disney travel you will want to complete the Disney College of Knowledge online.
HTH!