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Agency's doing $5 million are getting 150% with many fe CO's. It's all about being a good negotiator. I'm willing to be I could get 150% with several carriers if I had an agency even doing $3 mil
If you could do that then why don't you?
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Agency's doing $5 million are getting 150% with many fe CO's. It's all about being a good negotiator. I'm willing to be I could get 150% with several carriers if I had an agency even doing $3 mil
I am sure there are to the IMOs that are producing at that level.. 120% is easy to get with many carriers with no proof of production or commitment. However, to get that at SL you have to be producing $125K per month.. Without recruiting, even outstanding agents are not going to do that.Steve may be making it sound easy but in reality it's not easy. You have to issue $1,500,00 in one month. To me it is designed to attract huge agencies from the competition. Heck, no one should expect 150% to be easy to get. It's obvious to me this is to appeal to the mammoth sized agencies, not the individual broker. That would be a faster way to grow.
I'm certainly not issuing anywhere near that amount....yet.
But at least 150% is being offered. I've not heard anyone up here mentioning other carriers offering 150%. Maybe there are?
Hey.. I have a five year old daughter to raise... I still have to work every now and then..That's cool. You're retired and should only be majoring in fishing, reading, family, and hanging around this water cooler...lol.
Lol . There's IMO's that will give you 130% with little production .I have zero interest in recruiting that's why
I am sure there are to the IMOs that are producing at that level.. 120% is easy to get with many carriers with no proof of production or commitment. However, to get that at SL you have to be producing $125K per month.. Without recruiting, even outstanding agents are not going to do that.
Remember, this structure is geared towards recruiting the BIG dogs, not the little pups. It's another step to becoming the biggest carrier in the FE stadium. Don't forget all the extras that Sr Life agents enjoy that brokers don't have available to them.
Equally important is the 150% prevents a 10k monthly producer getting an 85% and another 10k agent getting 125% simply because the luck of the draw of which SL manager's recruiting ad they saw. Makes the playing field level for SL agents. Seems like a good thing doesn't it?
If brokers don't like this arrangement then they should stay where they are: prepaying $2000 up front and then having to wait 4 weeks before their leads even come in and including the risk of a bad return % (we have lead financing) and SL takes the risk of the return %, charge backs coming off the next advance (not with us), their broke broker manager cherry picking the leads before agents get them and/or reselling old leads as if they were fresh, (our leads come directly from the home office) AND A LOT MORE.
Have a good evening.
You
Why are you spewing trash ?
Brokers are calling out the obvious spin you try to weave on green agents.
The three most important facts for newly licensed independent final expense agents:
1. Avoid contracting with Senior Life
2. Avoid contracting with Lincoln Heritage
3. Pick an IMO that offers many companies, starts your contract level at 110%-120% commission
There you go !
Steve may be making it sound easy but in reality it's not easy. You have to issue $1,500,00 in one month. To me it is designed to attract huge agencies from the competition. Heck, no one should expect 150% to be easy to get. It's obvious to me this is to appeal to the mammoth sized agencies, not the individual broker. That would be a faster way to grow.
I'm certainly not issuing anywhere near that amount....yet.
But at least 150% is being offered. I've not heard anyone up here mentioning other carriers offering 150%. Maybe there are?