Need Advice from Experienced Agents!

What should I do?

  • Continue Growing My Real Estate Business!

    Votes: 4 66.7%
  • Keep Real Estate Going, While Trying Out FFL!

    Votes: 0 0.0%
  • Keep Real Estate Going While Trying Out Another IMO!

    Votes: 2 33.3%
  • Dive Head First into Life Insurance, The Grass is Truly Greener!

    Votes: 0 0.0%

  • Total voters
    6
It is a lot harder to make $300,000 annually selling life insurance than it is selling real estate. To net $300,000 you would have to gross $400,000 at a minimum. Very few do that. Lots say they do but you can't believe everything you hear or read.
 
It is a lot harder to make $300,000 annually selling life insurance than it is selling real estate. To net $300,000 you would have to gross $400,000 at a minimum. Very few do that. Lots say they do but you can't believe everything you hear or read.
Realtors also have expenses.. the successful ones spend a considerable amount on advertising.. Probably as much as agents spend on leads.
 
It is a lot harder to make $300,000 annually selling life insurance than it is selling real estate. To net $300,000 you would have to gross $400,000 at a minimum. Very few do that. Lots say they do but you can't believe everything you hear or read.
I disagree with this.

Way easier to niche down in insurance products than real estate. Sharks in both waters but your lead isn't posting their desire for someone to work with them on public websites.

As Rouse said, any realtor making bank is spending serious coin in a variety of ways.
 
In his market he only has to sell 25 houses a year to make $300,000. He will have to sell 300+ FE policies to make the same money.
 
In his market he only has to sell 25 houses a year to make $300,000. He will have to sell 300+ FE policies to make the same money.
I haven't seen him mention that FE would be his market.. Working an upscale market, he could do it with far fewer apps than that.
 
He said he was being recruited by FFL.
If he's falling for their pitch that means he's green as a pea and ripe for pickin in the insurance biz at this point. On the other hand he has real estate fairly figured out and making decent money. I would 100% focus on one thing and in his case it's pretty apparent what that thing is.
If he's wanting to grow a team why won't you grow a team of real estate agents? How hard is it to open your own real estate office once you are doing well?
 
In Aesop's story, a dog carrying a bone over a bridge looks down into the water and sees its own reflection. Taking it for another dog carrying a better bone, the dog opens its mouth to bark at the "other" and in doing so drops its own bone into the river.

The moral of the story is be happy with the success you've got.
 
FFL also does mortgage protection and retirement using term and UL.

Also the option of Med Supps and Medicare Advantage and an opportunity to partner with Integrity if an agent qualify.

For Annuity and IUL business they have an Advanced Marketing Division that can help agents from design to delivery.
 
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