I have two questions. The first is on a 1,000 piece drop what is the percentage return on leads for annuities. The second is do most use another lead such as FE or Med Supp instead of straight annuity leads?
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I have two questions. The first is on a 1,000 piece drop what is the percentage return on leads for annuities. The second is do most use another lead such as FE or Med Supp instead of straight annuity leads?
I believe most do dinner seminars for leads
If there was a successful DM lead I would think more people would be mailing for it...
How do they get people to the seminar? Cold calls?
My friend started doing dinner seminars in Sarasota,Fla and is kicking but. He worked out a sweet deal with a Imo and is making 60% of the commission with zero expenses. Since April he's run 9 seminars and Off 3-10 k invites as had around 19 people avg per seminar and is doing $250k a week of premium. The imo pays for everything and even pays for the office and helper who works the events and sets up all the appts. All he does is show up to do the seminars and work the appts in the office. He's nets $ around $13k a week commissions with zero expenses.He's bought the $150 annuity leads and they're awful as people won't answer the phone.
Ray they're doing Allianz. The imo is at 8.5-9% commish on the Index annuity. My friend is at 6%. The imo spends about $5k per seminar and provides the nice office and staff. He's ok with the imo making money as he has zero risk and stress.What do you mean making money on agent comp in addition to their override?I thought the imo would only make the difference between the 9-6%? Does the imo make other comp?