- 4,872
Realistic FE Production Numbers!
- Thread starter SteveFlintstone
- Start date
risingstarlife
Expert
- 27
Don't waste your time listening to digfesales105. He's Useless.The only thing he can explain to you is how to to act like an RD.
- 3,165
- 680
You get applications in the range of about 30% of the leads you buy. So you may close only about 20% of the cards, but some of the cards will have both a husband and wife who get an app. (There will always be a few leads who won't even let you in the door)....so you may actually be closing 50% of the actual presentations you make to get those numbers.
The average policy is about $50mo, or $600annual premium.
Average number of leads folks get is about 15-25 a week
Out of that number, a monkey could sell a certian percentage...those with greater skills can sell more.
Most of those buyers get a face amount around $10k from the monkey....those with greater skills can increase that number.
Once you have a halfway decent presentation, the biggest and easiest to control factor is the agent's level of activity....the earlier you start, the less time you spend figuring out where to go next, the more doors you knock on, the more people you get in front of, the quicker you get out of a house you've sold, the quicker you find out they don't have a checking account, the more times you call through your list, how late you make the last knock, etc etc....it's a numbers game.
The biggest roadblock to a beginning agent is the pallet of bricks that magically appears on the hood of their car, the morning they were supposed to start.
The average policy is about $50mo, or $600annual premium.
Average number of leads folks get is about 15-25 a week
Out of that number, a monkey could sell a certian percentage...those with greater skills can sell more.
Most of those buyers get a face amount around $10k from the monkey....those with greater skills can increase that number.
Once you have a halfway decent presentation, the biggest and easiest to control factor is the agent's level of activity....the earlier you start, the less time you spend figuring out where to go next, the more doors you knock on, the more people you get in front of, the quicker you get out of a house you've sold, the quicker you find out they don't have a checking account, the more times you call through your list, how late you make the last knock, etc etc....it's a numbers game.
The biggest roadblock to a beginning agent is the pallet of bricks that magically appears on the hood of their car, the morning they were supposed to start.
- 897
I love this place. So full of knowledge and truth. Oh wait...and racism too! LOLOLOLOL You 3 are a trip. I can't wait until I have thousands of posts on here so I can join the VIP Club! Ooooooooh I can't wait. Then I'll actually be somebody!
LOL!!!!!
LOL!!!!!
When I get more experienced in this business I would like someone to show me how I can sell annuity business to my FE clients. I just had an FE client cancel on me because she could no longer afford her $22/month payment, a 12 pack of Bud, and 2 packs of cigarettes a day. She told me her daughter could pay for her funeral and get her money back after selling the house.
Cross selling anything to the FE market is highly doubtful. The only thing out there is a 0 prem MA plan.
I have sold some annuities to Med Sup clients but never to the FE market...it's pie in the sky with all the LH, SL crooks...
I can tell you a better income stream...find all those LH, SL policies
...or pet insurance
- 26,136
What are you talking about? Stick to the insurance battle.
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