chaos
Expert
Just some observations on generating FE income:
The thing that keeps most agents from reaching their income goals is not seeing enough prospects. So we look for systems to put us in front of prospects. Which is best?
Door knocking - oldest method. You can see a lot of folks but how many will actually let you pitch them? Plus, are they qualified and do they have a bank account?
Direct Mail - everyone has a program with the best response mailers at the best rates right? Well I see the average costs for a 1000 piece mailer at 300-400 dolars and a response rate of 1%. You do the math. You get 10 leads for 300-400 dollars and you get appts with half of them. 5 appts cost you 300-400 dollars. You sell 2 and make $1000. Not enough profit for me.
Seminars/Worshops - Too expensive and too many plate lickers out there.
Pre sets - I do pre set FE appts. Watch out though. Tons of scammers out there. Find companies that have actual english speaking callers. Request recordings of the leads for you to review. Make sure the qualifications are there. The ones I use are screened for age, health, medicare/medicaid, less than 10K in FE currently, and have a bank account. Usually I get to the appointment and the prospect has their life policies out to review. They know what I am coming out to talk about.
Bottom line is there are tons of different programs out there. No one is the best for everyone but for me it has by far been the most profitable using pre set FE appts. I average 15K to 18K a month with this strategy alone. Hope this helps!
The thing that keeps most agents from reaching their income goals is not seeing enough prospects. So we look for systems to put us in front of prospects. Which is best?
Door knocking - oldest method. You can see a lot of folks but how many will actually let you pitch them? Plus, are they qualified and do they have a bank account?
Direct Mail - everyone has a program with the best response mailers at the best rates right? Well I see the average costs for a 1000 piece mailer at 300-400 dolars and a response rate of 1%. You do the math. You get 10 leads for 300-400 dollars and you get appts with half of them. 5 appts cost you 300-400 dollars. You sell 2 and make $1000. Not enough profit for me.
Seminars/Worshops - Too expensive and too many plate lickers out there.
Pre sets - I do pre set FE appts. Watch out though. Tons of scammers out there. Find companies that have actual english speaking callers. Request recordings of the leads for you to review. Make sure the qualifications are there. The ones I use are screened for age, health, medicare/medicaid, less than 10K in FE currently, and have a bank account. Usually I get to the appointment and the prospect has their life policies out to review. They know what I am coming out to talk about.
Bottom line is there are tons of different programs out there. No one is the best for everyone but for me it has by far been the most profitable using pre set FE appts. I average 15K to 18K a month with this strategy alone. Hope this helps!