MLMDEFECTOR
Expert
- 25
This forum has been an incredible resource in this decision but after nearly a year and a half, I’ve decided that SFG was paying me like garbage and I’m surprised I lasted as long as I have.
For people curious/considering SFG, I’m leaving because even after working to 85% commission, there is little to no margin because 65% net issued rate is standard on business, A leads are $36 at my commission level and I’m finding are always actually worked by other agents before I get them and the “bonus leads” are actually $7 resold telemarketing leads that are 5+ weeks old and have already been worked! There is nearly ZERO value of an aged telemarketing lead at SFG especially one that’s already been worked. The “mandatory” national conference is in Washington DC and will likely cost you $2k to get to—which nobody has unless you’re at my level or above (put the investment on your credit card is their advice). Trust me coming from someone who is considered a “Top Producer” it’s not a profitable system period. Building isn’t the answer because anyone who knows how to sell insurance won’t contract for 60% buying their own leads.
It has been impossible to get a copy of any of my contracts or documentation from symmetry so I just wanted to see if anyone here has had any issues leaving Symmetry Financial Group outside of some of my carriers being tied up for 6 months? What do I need to be careful not to do?
For people curious/considering SFG, I’m leaving because even after working to 85% commission, there is little to no margin because 65% net issued rate is standard on business, A leads are $36 at my commission level and I’m finding are always actually worked by other agents before I get them and the “bonus leads” are actually $7 resold telemarketing leads that are 5+ weeks old and have already been worked! There is nearly ZERO value of an aged telemarketing lead at SFG especially one that’s already been worked. The “mandatory” national conference is in Washington DC and will likely cost you $2k to get to—which nobody has unless you’re at my level or above (put the investment on your credit card is their advice). Trust me coming from someone who is considered a “Top Producer” it’s not a profitable system period. Building isn’t the answer because anyone who knows how to sell insurance won’t contract for 60% buying their own leads.
It has been impossible to get a copy of any of my contracts or documentation from symmetry so I just wanted to see if anyone here has had any issues leaving Symmetry Financial Group outside of some of my carriers being tied up for 6 months? What do I need to be careful not to do?