Michael Allevato
Expert
Can you give your customers incentives for referrals? ( 
money, trips, coupons...)
money, trips, coupons...)
$ for Referrals
- Thread starter Michael Allevato
- Start date
- 107
Can you give your customers incentives for referrals? (
You should check with your State's DOI. Some companies limit what you can do also.
Can you give your customers incentives for referrals? (
I thought everyone does this. Send me a referral and find out.
- 264
LOL you have to be careful. As it could jeopardize your license.
Can you give your customers incentives for referrals? (
You need to check with your state DOI but I can tell you that in Virginia you can pay for a referral but it can't be based on you achieving a sale or not.
</IMG>
timothyjmon123
New Member
- 8
you'll find out real quick if you can rebate or not when the Dept of insur walks in and slaps them hand cuffs on you.
I quickly found out by just having a prefilled referral sheet made up works wonders. In our office of 13 agents we started using this sheet at the end of the appointment and our average referrals per week is 30. It's by no means working for everyone but if you just ask a lot of times you can easily get referrals
- 1,310
In Florida it's the same as mentioned above - you cannot pay for referrals based on sales but only based on the referral itself.
I find that when I save someone money, the referrals are going to be there just for asking anyway. Who doesn't want to share the fact that they just saved $80 per month with someone they love or care about that might be struggling in this economy, too?
An excellent, automatic referral system a lot of agents (including me) are using now is Send Out Cards. Their cards look great coming in the mail on a regular schedule and it's 100% ***-proof. You drop their name in there one time and the system takes care of the rest like clock-work, month after month it can follow-up with them - keeping them on the books and keeping the referral flow a' comin. You can see it here.
- 147
Incentives for referrals will be fine. As long as it is done in a legal manner meaning it will comply with the proper limitations on it.
