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How come certain people/marketers say they are done with this forum, and then as they continue to go into debt and not pay their rent, they magically reappear?
Considering a Move to EFES
- Thread starter mbiallas
- Start date
4real
New Member
- 17
As a new agent looking to get into final expense, I have been just trying to decipher the FE jargon and acronyms.But seriously, 4-6 members have been consistent and very forthcoming on the basics of final expense. They say the devil is in the details, and maybe only a few like T. King ,JD Easy, Moonlight and Margaritas will offer constructive feedback. Thank Matt , but I think drinking will make it worse.
- Thread starter
- #13
I have heard they play hardball with releases and know not to let them lock me down with all the top tier carriers. I did not know that they require you to buy a bunch of old stale leads while waiting for fresh ones to come in. The last time I spoke with them they were working on getting some telemarketed source. Any info on that?
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- 19,673
If you are not trying to steer someone away I would hate to se you really trash a competing IMO.
- 897
Yes. Like everyone else, they are having a hard time developing DM leads for everyone at a decent cost. Now, their veteran agents they will all day long because they can count on their ROI. But for newbies...at $410 for 15 leads...it's still expensive. So they are looking to get into not only the TM lead side...but the FE telesales side too with Americo.
See...we offer DM leads to our agents too. But since I own the lead company, we can develop fresh, new, pre-qualified TM leads literally in 30 minutes....THIRTY MINUTES(that was my fastest time) for agents where maybe we didn't have inventory. That's the beauty of TM leads.
But a lot of companies don't know how to do it so they outsource to the Phillipines or other "lead companies" instead of doing it themselves.
We control everything. I personally upload the data and criteria myself. My 4 assistants scrub every single lead before it goes out. It's time consuming and costs a lot of money. But my agents and my repeat buyers have zero issue's with it.
It's quality over quantity.
4real
New Member
- 17
Why Lie? Ha I guess it is obvious. But I have been Licensed since 2007 for P and C, mostly sold a lot of auto and ancillary products.Wow, you really are new to FE.
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oops add...
My question is: Can you make it in final expense without door knocking? Thanks
Wow!! I try to give you kudos on knowing what you're talking about and you come back with this?
I like to give people all the facts and then let them make their own decisions. I send people towards EFES all the time. It's according to what he agent needs.
I thought you would come on here and help these guys out but I guess you had to buck me on that too!
- 19,673
I think EFES is the best FE IMO for the producing agent. If you want to build a team them I don't think they are the place.
Also if FE is not your fulltime gig then I would not go there. On the lead program anyway.
It's best to go direct to one of the RD's and the highest commission I know anyone starting at is 95%.
The lead cost to start is whatever you agree to with the person that hires you. One manager starts agents at $20 leads. I don't know what the rest do.
After 90 days on the lead program and you have received at least 80 leads you will move to the PPL, {production per lead}, pricing. You will pay each week the price per lead of your PPL on Friday. That price can change every week until you settle in to what you normal is. The highest level is $200+ PPL. The naysayers will say you can't keep it level. Mine has been over $200 for 4 and half years now without ever falling below $200 for even one week.
At over $200 PPL you would pay $13 per lead for DM and teleleads. If you PPL puts you paying over $20 for DM leads then you would still pay $20 for the teleleads since they are capped at that.
They do not require you buy old leads nor are there any meeting requirements, telephone or otherwise. The only people that tell you that crap are competitors and a former EFES micromanager that was fired by EFES. I do believe that micromanager made his agents buy leads and attend meetings and account for every second of everyday. He was simply a scumbag.
You move your commission up with production. The highest you will go on the lead program is 100-110%. You will have a second writing number from day one for your self generated business and that commission will be 110-120%. They have a lead mail program if you don't want to buy leads. Last I asked it $380/1000.
If you keep your PPL in the $140-159 range you will $17 per lead. The worst PPL you can have is below $79 and you would pay $28 per lead if below that number. But, if you have a PPL below $79 after 80 leads then you have much bigger problems than $28 leads.
On Travis' team most agents pay around $15 per lead. I don't know about the others but EFES says the average is $19 per lead. The only person I know of that disagree with that average is a former EFES RD that was fired and now competes against EFES. Who you gonna believe in that scenario?
The whole deal with EFES is a regular flow of leads in the same area. If you can get that without signing up with a lead IMO then I wouldn't recommend signing up with a lead IMO.
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Really? Then forgive me for not knowing that this was giving kudos;
"First off, I'm not saying that EFES is a bad place to be. But you don't have to go there to get fresh leads and then be on a low commission. You can have higher commissions and get your own fresh leads.
If you take that away, then all you have is some training (probably pretty good training), and rah rah meetings (by phone I think). You may even have to do those weekly reports. Not sure. "
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