What's the most FE you have sold in a month?

[Thedude]

I just can't imagine someone not writing even 120k if they only worked part time.

I have no idea what the average is. Most "part time" agents are full time Netflix connoisseurs.

You think part time agents write 120k? Lol

 

[HoosierLife]

A lot has to do with how you measure time. I get the feeling many agents only consider the time they are in the field to be working. They ignore the time spent making appointments, processing paperwork, dealing with underwriting or customer service issues, etc. That is time working, it isn't what pays the bills, but it is also vital to the show. Fortunately most of these tasks can be delegated or outsourced as well. For a high producing agent, most of these tasks are best outsourced to someone else so the agent has more time to spend in the field or with family.

That's the key. Outsourcing the other stuff. When I talk about 3 days in the field, I really didn't have much else but faxing apps. And a lot of the apps were phone apps or eapps so I didnt have to do anything.

I also wasnt writing $250,000 in 3 days.

 

[HoosierLife]

That is my problem "recruiter talk". How can the average income in America be 35K but the average FE agent makes $120K plus. Cmon man stop being a recruiter, and be honest.

We are talking about writing $120,000 not making $120,000. Now I know that most agents don't write that amount part time, I said "I don't understand how they can't write it part time."

I know how many hours I put in the field and I know what I wrote every year. So I use that as a comparison.

Writing $120,000?? That's $10,000 a month or $2500 a week or ~1.5 policies every day if you're in the field for 3 days.

So yeah, I cannot understand why every agent can't do that. They don't, but I can't understand why not.

 

[chasejordan1]

We are talking about writing $120,000 not making $120,000. Now I know that most agents don't write that amount part time, I said "I don't understand how they can't write it part time."

I know how many hours I put in the field and I know what I wrote every year. So I use that as a comparison.

Writing $120,000?? That's $10,000 a month or $2500 a week or ~1.5 policies every day if you're in the field for 3 days.

So yeah, I cannot understand why every agent can't do that. They don't, but I can't understand why not.

I agree with you there.

 

[NSRH]

We are talking about writing $120,000 not making $120,000. Now I know that most agents don't write that amount part time, I said "I don't understand how they can't write it part time."

I know how many hours I put in the field and I know what I wrote every year. So I use that as a comparison.

Writing $120,000?? That's $10,000 a month or $2500 a week or ~1.5 policies every day if you're in the field for 3 days.

So yeah, I cannot understand why every agent can't do that. They don't, but I can't understand why not.

Totally agree with you! So do you think the average is less than 120k?

 

[bboman23]

That is my problem "recruiter talk". How can the average income in America be 35K but the average FE agent makes $120K plus. Cmon man stop being a recruiter, and be honest.

One thing that those stats do not take into account is how many agents are on bad deals. Say I hire an agent on 120% and he is on Fresh Life Insurance DM leads. In the time I hire that agent, the bad IMO's (NASB, ONE LIFE, SENIOR LIFE, LINCOLN HERITAGE, EQUIS, FAMILY FIRST LIFE, SYMMETRY, ETC.) has hired HUNDREDS! Everyone says 98% of agents fail, but I would bet that the good independent IMOs do not have close to that number fail. I am very selective with who I bring on and that gives agents a lot higher chance of making $120k. It is not marketer talk at all, you are just putting the IMOs here into the pool with the horrible IMOs.

 

[chasejordan1]

One thing that those stats do not take into account is how many agents are on bad deals. Say I hire an agent on 120% and he is on Fresh Life Insurance DM leads. In the time I hire that agent, the bad IMO's (NASB, ONE LIFE, SENIOR LIFE, LINCOLN HERITAGE, EQUIS, FAMILY FIRST LIFE, SYMMETRY, ETC.) has hired HUNDREDS! Everyone says 98% of agents fail, but I would bet that the good independent IMOs do not have close to that number fail. I am very selective with who I bring on and that gives agents a lot higher chance of making $120k. It is not marketer talk at all, you are just putting the IMOs here into the pool with the horrible IMOs.

I like how you thru in your Comp if an agent is looking st this can go "wow I should call Ben, but he is selective" (good take away) except to get 120% with most companies you have to prove production or lie about your production and if an IMO is willing to lie about production that's not a good thing in my book. Your right not marketer talk at all.

 

[HoosierLife]

Totally agree with you! So do you think the average is less than 120k?

Well I think Ben answered that question. There are many on bad deals, so they fail out long before they could reach that level OR they are comfortable making $35,000 a year.

And let's not kid ourselves. Many get into insurance because they are too undisciplined to have a boss. But they can sell. Some can grow into becoming successful business minded people.

I know a guy like that. I see him in the mirror everyday.

I always struggled with having a boss and working in the corporate world. And I always did sales, whether it was selling Vacuums or Mortgages. I even got fired from a few jobs for being late over the years. But when I became my own boss I just did what I had to do to make money.

Now I work more hours than I ever did haha! Building an agency is not for the lazy, I will tell you that!

 

[bboman23]

I like how you thru in your Comp if an agent is looking st this can go "wow I should call Ben, but he is selective" (good take away) except to get 120% with most companies you have to prove production or lie about your production and if an IMO is willing to lie about production that's not a good thing in my book. Your right not marketer talk at all.

I threw that out there to prove how different it is for an independent agent than for 95% of the agents out there. I don't need to make my phone ring, I can't get to the calls I receive now. I am trying to make my phone ring LESS!

 

[Thedude]

Lol no FE IMO is selective. There might be an illusion of selectivity but I guarantee you have people in your downline hiring people you have never even met. Maybe more selective than in the past?

And EFES tracks total production so why not just average that out instead of throwing out 120k.