- 15,041
I bet a lot went to the Medicare market or left insurance entirely.
Too Many Agents?
- Thread starter JimmyUt
- Start date
I bet a lot went to the Medicare market or left insurance entirely.
I think you should expand on this. I'm appointed with Assurity but don't do much with them...
- 17,077
I can confirm that Xrac's wife is too hot for him.
The problem in the FE industry is that there is more IMO's and FMO's then there is good agents. I get calls every week now from IMO's all over the country trying to recruit me for Annuities, Med Sups, or to focus on FE.
They are looking to sign contracts and getting the best overides they can. Thus training and support with a solid lead program is on the back burner.
So in essence, there will always be a need for quality agents that actually work the business the right way. The business model of the IMO's will continue to produce more burnouts then success stories.
They are looking to sign contracts and getting the best overides they can. Thus training and support with a solid lead program is on the back burner.
So in essence, there will always be a need for quality agents that actually work the business the right way. The business model of the IMO's will continue to produce more burnouts then success stories.
- Thread starter
- #35
The problem in the FE industry is that there is more IMO's and FMO's then there is good agents. I get calls every week now from IMO's all over the country trying to recruit me for Annuities, Med Sups, or to focus on FE.
They are looking to sign contracts and getting the best overides they can. Thus training and support with a solid lead program is on the back burner.
So in essence, there will always be a need for quality agents that actually work the business the right way. The business model of the IMO's will continue to produce more burnouts then success stories.
Very true statement. I can't believe how many different marketers call attempting to sell me on every new med supp or FE product. I often forget there are 330 million folks to see in this country.
- 17,077
The problem in the FE industry is that there is more IMO's and FMO's then there is good agents. I get calls every week now from IMO's all over the country trying to recruit me for Annuities, Med Sups, or to focus on FE.
They are looking to sign contracts and getting the best overides they can. Thus training and support with a solid lead program is on the back burner.
So in essence, there will always be a need for quality agents that actually work the business the right way. The business model of the IMO's will continue to produce more burnouts then success stories.
Very true. There is not a too many agents. There are too many FMOs. I have some FMOs I use for annuities and term cases and it's comical that they have jumped on the FE bandwagon (they think) and the pitches they give about this "all new" market niche.
Yes, they are popping up here in the forums as "The Gold Rush on FE"..lol I mean come on, what is next.
FE might provide a decent living for those that work hard but its far from being a Gold Rush.
- Thread starter
- #38
The gold rush is for those FMO's with 140% plus contracts roping thousands of agents into 60% contracts and charging for leads. The NAA model obviously makes someone rich. Maybe I will start a lead program for this great new boom.
+1 The Gold rush mentality is going on in the industry with all of these IMO's and FMO's popping up at every corner. Lower contracts with free leads is a way to trap more agents into security while allowing the upline to make massive overides while in most instnaces providing rehashed crappy leads something like the LH model. At least you don't have to pay for them
- 26,170
I wonder what the vesting looks like?
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