I have been a Realtor for 16 yrs, and of course you have your good sales which make up for the bad months.
However, I have been looking into getting into the insurance industry for the past 6 months. I want to start and grow a business that will give me a residual income .
I live in Texas
I have spoken and got accepted by SF, Allstate, Pronto as well as Fiesta insurance.
Yes, I do know that Allstate and SF are targeting a totally different market from Fiesta and Pronto.
Things I like about SF and Allstate....Recognition of a solid and reputable company. Great opportunity for growth, bonus upon completion of training. NO franchise fee.
At the same time, things I don't like: Allstate and SF have quotas, Allstate training is 6 weeks away from home ( I have kids). SF has 17 week training but nothing is guaranteed you will even get an office and when you do, the client portfolio is not yours.
This brought me into Pronto and Fiesta, these are your non standard clients, quick come and go type of clientele. Franchise fee $10K Fiesta, $25K Pronto.
They each have 3 week training, Pronto sells only Pronto while Fiesta has over 50 different carriers.
Pronto pays 12% + agency/application fee while Fiesta takes 25% of what the carriers pay you.
Now, I need words of wisdom....PLS do not tell me to stick to my Real Estate since I will be continuing with it. I have a successful business with other agents working for me.
Which one of these 4 would you say would be the most profitable?
Thanks in advance !!
However, I have been looking into getting into the insurance industry for the past 6 months. I want to start and grow a business that will give me a residual income .
I live in Texas
I have spoken and got accepted by SF, Allstate, Pronto as well as Fiesta insurance.
Yes, I do know that Allstate and SF are targeting a totally different market from Fiesta and Pronto.
Things I like about SF and Allstate....Recognition of a solid and reputable company. Great opportunity for growth, bonus upon completion of training. NO franchise fee.
At the same time, things I don't like: Allstate and SF have quotas, Allstate training is 6 weeks away from home ( I have kids). SF has 17 week training but nothing is guaranteed you will even get an office and when you do, the client portfolio is not yours.
This brought me into Pronto and Fiesta, these are your non standard clients, quick come and go type of clientele. Franchise fee $10K Fiesta, $25K Pronto.
They each have 3 week training, Pronto sells only Pronto while Fiesta has over 50 different carriers.
Pronto pays 12% + agency/application fee while Fiesta takes 25% of what the carriers pay you.
Now, I need words of wisdom....PLS do not tell me to stick to my Real Estate since I will be continuing with it. I have a successful business with other agents working for me.
Which one of these 4 would you say would be the most profitable?
Thanks in advance !!