Is selling LI better than selling RE, and why?
- Thread starter Johnny180
- Start date
- 2,152
Depending upon where you live you might find the RE market a little stressful.
You can always do both and then write a book on how to be successful in both fields. Provide a free seminar talking about your program that people can get for the low low price of $2995.00 available in 6 easy payments.
Joking aside, it really boils down to what you find interesting and appealing in both fields.What line of work are you in now and have you ever worked in 100% commission by yourself. I enjoy selling health insurance for a multitude of reasons and I have pondered becoming a commercial real estate broker. I could do both and have a 99% chance of failing or I can focus on health insurance and have a 90% chance of failing
You have to figure out what your passionate about because that will make things easier. I LOVE helping people buy health insurance because I can use my analytical side and show people how to save money by utilizing ideas to reduce health care costs.
In any field you need to specialize. I'd narrow things down a bit to specific areas within both fields and go from there based on your research and experience.
- 314
RE vs LI? They really are the same thing - except with one, you help them with an above ground home and the other, a home in the ground.
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- 4,132
I would think RE would be easier. People can see, touch and experience real estate. An insurance policy is a bunch of papers which for most are hard to see as valuable.
Things vs. people. Show somebody a $5oo,ooo home and tell them it will only cost $1,500 a month and they're scrambling to figure payments. Tell someone they need to pay $35 a month for a half million term and they need to "think" about it.
Sell a 500k home and make 30k. Sell a 500 term policy and make $235.
Things vs. people. Show somebody a $5oo,ooo home and tell them it will only cost $1,500 a month and they're scrambling to figure payments. Tell someone they need to pay $35 a month for a half million term and they need to "think" about it.
Sell a 500k home and make 30k. Sell a 500 term policy and make $235.
- 314
No matter which one you choose, the prospect is going to be subject to underwriting. It may be easier these days for a person with a few dings on their medical record to secure coverage. A person with a few dings on their credit record may not be so lucky securing a loan in today's market. Just food for thought.
- 3,863
They are both good choices once you find your "niche" in either and concentrate on that.
RE is too much work for me, therefore I do Insurance.... lol..
RE is too much work for me, therefore I do Insurance.... lol..
I agree.
In my area most good homes are in the $100-$200K price range. I can make the same commission a realtor will make in selling one house by having 1-3 sales with a lot less effort and hours.
And even though life insurance is not tangible, i still believe that it is easy to sell if you are talking to the right kind of prospects.
I agree.
In my area most good homes are in the $100-$200K price range. I can make the same commission a realtor will make in selling one house by having 1-3 sales with a lot less effort and hours.
And even though life insurance is not tangible, i still believe that it is easy to sell if you are talking to the right kind of prospects.
Ok, I'll bite. Where do you live that a house costs between 100-200K?
Im in texas, houses here are really affordable. Of course there are also luxury homes which are worth significantly more but you can find a a really nice, new 4 bedroom house in a good neighborhood in the 200K range.
Below is a link that will show some new houses being sold in the Dallas/Fort Wort area.
Fox & Jacobs - Harris Ridge - neighborhood in Arlington TX
DallasNews.com HomeCenter - List View
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