New Agent Question

May 17, 2008

  1. JE INSURANCE
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    JE INSURANCE Super Genius

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    My friend works for a boilerroom type company where he says they must record all information while on the phone with a client and submit it with application for underwriting...he is interested in going independant but is confused because of this?? also he says that thier conversion rate on leads is 2%?? is this correct, thanx!!!

    he want to leave because he says his split is 50% of one month premiuim, that sounds pretty low to me...any ideas??
     
  2. rapidrobert
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    rapidrobert Guru

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    Run Forrest Run!!!

    That is very low and I don't see how it can be accurate. If he has the skills to sell in a "boiler room" surely he has skill enough to sell in a better environment. Not to mention the balls to make the cold calls necessary to succeed!
     
  3. joshril
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    joshril Guru

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    That's less than a 5% commission? He needs to quit yesterday!

    If he's in TX I could point him toward some solid contracts...
     
    joshril, May 18, 2008
    #3
  4. themarcgroup
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    themarcgroup Expert

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    [​IMG]
     
    Last edited by a moderator: May 19, 2008
  5. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    JE...Whatever you do...don't sign on with anyone too quickly. Check with some of the people on the Board that have built up some posts (maybe 100 or more) and are familiar with what you are looking for.
     
  6. senior-advisor-indiana
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    senior-advisor-indiana Guru

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    I have final expense contracts for 130%.
     
  7. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    And about 3000 more posts...which I guess means something.
     
  8. Mr. Bill
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    Mr. Bill Guru

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    Seriously, Chumps,

    How can you be "Secretly living in Somarco's basement" if you tell everyone?
     
    Mr. Bill, May 19, 2008
    #8
  9. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    Well, I figured Somarco wouldn't find out. As has been discussed, I am moving out on June 1st.
     
  10. senior-advisor-indiana
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    senior-advisor-indiana Guru

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    Well I told a fib about the 130%. THere are plenty of agents here that offer 115% FYC. Look in the Final Expense threads.
     
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