P&C Licensed - How to Be Referral ONLY Agent?

[blue_wynd]

I would personally do 50 to 75% of FYC. Heck, if the source are consistent, I would probably even do 100%. P & C is all about renewals. And the bonuses at the end of the day. Renewals will be too much of a pain to keep track off.

 

[RFMaurone]

1822 and Blue are on the right path. Make sure you are within the law in your respective state or states. I get extremely qualified leads from health life guys they already have the relationship they pick up dec pages for me and I reach out to the folks after that it's truly a win-win relationship. They don't sell P&C and I don't sell Life. It doesn't get any better than that!

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[indienoise]

Honestly, I despise prospecting/selling. Only reason I got in this business was because I have steady referrals in place already.
Maybe some folks enjoy cold calling and all that, but referrals are invaluable to me. I would gladly pay a large chunk of commission for consistent referrals. You shouldn't have trouble finding an agent local to you who feels the same way.

 

[ZappMan]

I have a P&C license that I do not have the time to actively use in production. I'd like to evaluate any services that allow me to split commissions for referring clients. Any recommendations? I'm in CA if it matters and also have a L&H license.

You have a life book? contact a local P&C agent and let him solicit your life book & you his P&C book. Or when you write the Life try & find somewhere to free cash to fund your plan & ask for their auto & home dec. Give it to the local P&C guy for a one time fee of $15.00 if not written, if written then your one time fee goes to 50%. The pc agent keeps the renewals. That's what I do, works great

 

[AboutThatLife]

You have a life book? contact a local P&C agent and let him solicit your life book & you his P&C book. Or when you write the Life try & find somewhere to free cash to fund your plan & ask for their auto & home dec. Give it to the local P&C guy for a one time fee of $15.00 if not written, if written then your one time fee goes to 50%. The pc agent keeps the renewals. That's what I do, works great

Is it like life where the split goes on the app? How do they only give you 50% FYC and not also 50% renewals? Do you have to be a part of their agency to do this or appointed within their carrier group?

 

[indycfp]

Aboutthatlife: I don't know because I still haven't found a way to do this. I am, however, still interested if anyone has a CA opportunity for a referral only agent with reasonable split. (Open to negotiation.)

 

[agentinsouth]

I think you misunderstood my question. I don't want to buy referrals from others, but have someone else place the account with a lead that I have "hunted." I want to delegate the admin/paperwork to someone else.

So you want to "hunt" for the quote and have someone else quotes it?

 

[indycfp]

agentinsouth: That would be correct if the clients weren't already there anyway. There isn't really any hunting to do. I have a variety of people coming in for other things (investment, life/health, etc) and recognize I don't have the time to do P&C myself. If someone else is interested in a partnership, I'm open to a situation where I basically send the client in their direction for a hand off.