Closing Question

[Guest]

Please keep in mind that when I was writing 3 to 5 sales per day, (through 5 different companies) I was handed 30 to 50 shared leads per day at their cost.

 

[somarco]

Employees track the number of suspects, prospects, appointments, opening interviews, closing interviews, closing ratio's, etc.

Business owners track expenses, cost of acquisition, measure response to advertising, calculate revenue per client, etc.

I am a business owner, not an employee. As such, I monitor cash flow in, cash flow out. Nothing else matters.

 

[Crabcake Johnny]

Please keep in mind that when I was writing 3 to 5 sales per day, (through 5 different companies) I was handed 30 to 50 shared leads per day at their cost.

I can't imagine writing 300 GR cases - I don't recommend exclusions to my clients - especially for current medical conditions.

That said, there are states where there's not many other options. Maryland is a very unique state for the indie market.

 

[Guest]

Do you currently write business?

Not as much as then, after I left the last fiasco, I went into training and have really only sold for training purposes and during downtime to keep my skills sharp, test new technology etc.

I have about 120 clients, give or take.

Also, you know what I've been really working on so it's all good.

 

[Crabcake Johnny]

Please keep in mind that when I was writing 3 to 5 sales per day, (through 5 different companies) I was handed 30 to 50 shared leads per day at their cost.

If you did that as an indie agent:

4 deals per day = 20 per week = 1,000 per year = $700,000 in income.

40 leads per day = 200 per week = 10,000 per year X $7 = $70,000.

Profit = $630,000. Not a bad living.

 

[Guest]

I can't imagine writing 300 GR cases - I don't recommend exclusions to my clients - especially for current medical conditions.

That said, there are states where there's not many other options. Maryland is a very unique state for the indie market.

Agreed, I was licensed in 30 something states, thanks to the business owners who knew nothing of finances, they just threw money at stuff.

 

[indmedins]

I am a business owner, not an employee. As such, I monitor cash flow in, cash flow out. Nothing else matters.

Ain't that the truth.

 

[Guest]

2 is 10% of 20.

If you write 50 and lose 2, that's 4%.


As for diminshing returns, you're right. Most won't do the volume to have that problem.

Thanks, math is not my forte

Oh and is padthai the name of the girl in the picture?

Lunch on me!!!!!!

 

[Guest]

If you did that as an indie agent:

4 deals per day = 20 per week = 1,000 per year = $700,000 in income.

40 leads per day = 200 per week = 10,000 per year X $7 = $70,000.

Profit = $630,000. Not a bad living.

Even though the paper doesn't lie, they still won't get it.

 

[Guest]

Ain't that the truth.

Totally true and yet many agents overlook ROI, shared or exclusive leads, time involved and closing ratio and how it all equates to profitability.