Wow, I responded to an ad on craigslist for free leads and training with an insurance company. I had some woman call from down south, transfer me to Ralph, who was going on and on about figures 6 and 7 from their top producers, which is funny, I dont care to know what the top guy is producing, theres exceptions to every case. Should tell me averages and up to amounts. Well I asked what IMO and he said Equita, I told him I have the contracting paperwork, and that I already talked to Todd and Travis, they offered me around 80 to start upto 90 for producing, with 15 dollar leads or something like that, 300 package start up kit for a badge (wonders if i can stop crime with it).
He quoted me 25 dollars a lead, and 7 for old ones. He quoted me 50% contract and the BEST website ever and training for agents ongoing. I told him training should only take a week maybe two at the most and if an agent didnt get it by then, he was toast. I thanked him for his time and told him he will make a lot of money ripping people off.
Wow
The only reason I didnt sign up with Equita is paying for the leads. I wouldnt mind taking the lower contract but taking the lower commish AND paying for mailer leads, no way. Its almost like a pyramid scheme sometimes.
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"First by deflation then by inflation, central bankers will deprive your children of all land and liberty"
"Central Bankers are more dangerous than standing armies"
Wow, I responded to an ad on craigslist for free leads and training with an insurance company. I had some woman call from down south, transfer me to Ralph, who was going on and on about figures 6 and 7 from their top producers, which is funny, I dont care to know what the top guy is producing, theres exceptions to every case. Should tell me averages and up to amounts. Well I asked what IMO and he said Equita, I told him I have the contracting paperwork, and that I already talked to Todd and Travis, they offered me around 80 to start upto 90 for producing, with 15 dollar leads or something like that, 300 package start up kit for a badge (wonders if i can stop crime with it).
He quoted me 25 dollars a lead, and 7 for old ones. He quoted me 50% contract and the BEST website ever and training for agents ongoing. I told him training should only take a week maybe two at the most and if an agent didnt get it by then, he was toast. I thanked him for his time and told him he will make a lot of money ripping people off.
Wow
The only reason I didnt sign up with Equita is paying for the leads. I wouldnt mind taking the lower contract but taking the lower commish AND paying for mailer leads, no way. Its almost like a pyramid scheme sometimes.
I am getting the same vibes. It is interesting that you get a different description of their program depending on who you talk to and what day of the week it is.
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To be truly independent, an agent should not be dependent on a government bureaucrat for contracts or commissions.
HAH....you have to figure out if your personality fits with their style of selling.
If you need someone to kick your butt with accountability for lack of production, this may be your home. After all, mgr will be in constant contact with you. some people need that but I find it irritating.
Also, your initial investment for leads will be higher than you think. Those first 15 leads could be duds....so plan on buying 30. Doesn't take long to be in red ink until your production rescues you....if it rescues you. (Why is this area available?) (What happened to the last guy?)
I had to think what I disliked about FE when I did that exclusively and it was the caliber of people. Majority were very low income with no checking accounts, seedy neighborhoods, usually smokers and poor persistency of business. Volume of apps is where you make it.
But armed with those leads, you can also call on the neighbors on either side and see if you can't sell them; esp if the lead bought from you. YOu will get referrals (like anything else if you work). Just don't oversell the face amount...
I think I like Marks' approach...the door hangers.
Kicking an agent in the ass is one thing, taking alot is another. That is curious about the rescue area, too bad soo sad. I guess Ramiz has some really good FE leads, I know Mark mentioned that. Mark is an all around good guy, has integrity (i think) i dont hold the southern draw against him lol.
I hope I didn't sound snobbish but I do prefer low to high end middle class for prospecting. They usually have steady jobs and some savings.
When your leads come back from an area of run down houses and trailers, the odds are against you to make a sale. But hey, if you have freebie programs, like diabetic supplies and Medicare Advantage zero-premium, you may have a Ka-Ching!!
i wonder why todd or travis havent said anything about it??
You guys are confusing Equita Final Expense with Equita Mortgage Group. They are sister companies and operate independently. What Ralph Simpson told you about contract options and lead cost has zero to do with what Travis or others are doing on the final expense side of their business.
------------------------------------ Brad Aden 360 Financial Group, LLC
314-821-0582 Direct www.360fgllc.com
You guys are confusing Equita Final Expense with Equita Mortgage Group. They are sister companies and operate independently. What Ralph Simpson told you about contract options and lead cost has zero to do with what Travis or others are doing on the final expense side of their business.
I was going to post the same thing. I've been with EMG and now currently with EFES. They completely different in how they operate.
I was going to post the same thing. I've been with EMG and now currently with EFES. They completely different in how they operate.
True, but you do have to wonder about the sanity of the leadership that would turn over an already quasi NAA organization to make it entirely a new NAA complete with the 50 point contracts. That to me shows a severe lack of judgment.
i wonder why todd or travis havent said anything about it??
Let's not get confused here...I'm not the Todd he is talking about. I have nothing to do with them. As for Travis, I can't say, but seems he rarely comments about anything on here anymore, even when you ask him a direct question.
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Todd R. King
800-590-7207
540-400-6275
888-748-3978 Fax
[COLOR=red]Do the right thing because it's simply the right thing to do.[/COLOR]
Ralph did sell FE just FYI, and no, thats not the Todd i talked to that said it above. Todd you look like Peter Berg from the movie Corky Romano hahahah!!! but i do see you as an expert, pm me, id love to pick your brain if ya got time and charity for a newb.
As Albert Einstein said: "The definition of insanity is doing the same thing over and over and expecting different results." I personally think, in my most humble opinion, that anyone who willingly jumps a sinking ship to board another sinking ship meets the aforementioned definition. Those who are newbies and have signed on with EMG, you still have the opportunity to explore your options. Maybe you will come to the conclusion that EMG works for you. Maybe you will see the light and move elsewhere. Check several options before diving in.
You seem to know about this company and I thought you said, that the company can do something about other company contract. Also, a friend of mine is getting ready to sign with Equita/ NAA and wants me to be is first recruit. With a contract of about 50%, a required boot camp that cost $199 and leads costing $26 or $27 a lead. All I want is the company that I get good leads, and me putting the business with approx 15 to 20 good companies that I get 70% to 100% commission. I don't see any good about my friends signing with Equita or Nat Alliance. Are these companies together are separate? Any suggestions?
Personally i think that commission is horrible, you can find other people on this forum that can offer you way better, WAY better. But two obstacles come into mind starting out, training, and marketing. Leads, thats pretty high, i would never pay for mailer leads that are 25 a piece, nor for transfers either. Your better off working at mcdonalds for a couple a months and saving up for 5,000 mailers which is about 2,000$, and cold calling in the mean time to build up your knowledge and pitch. Training is no different in sales, just gotta know the ins and outs of the products and competition. how do you do that? put in a quote, or google FE or any other product and your state and you will see the competitors. Now that being said, it does help to have experience shadowing a pro, nothing can beat that, but for those that cant find one locally, these forums help alot, ALOT!! read a good prospecting book even if its for dummies, and a good sales book, look at this forum, study the product and be sincere, thats all you will need to get started, oh yeah and the mcdonalds start up funds LOL
personally i think that commission is horrible, you can find other people on this forum that can offer you way better, WAY better. But two obstacles come into mind starting out, training, and marketing. Leads, thats pretty high, i would never pay for mailer leads that are 25 a piece, nor for transfers either. Your better off working at mcdonalds for a couple a months and saving up for 5,000 mailers which is about 2,000$, and cold calling in the mean time to build up your knowledge and pitch. Training is no different in sales, just gotta know the ins and outs of the products and competition. how do you do that? put in a quote, or google FE or any other product and your state and you will see the competitors. Now that being said, it does help to have experience shadowing a pro, nothing can beat that, but for those that cant find one locally, these forums help alot, ALOT!! read a good prospecting book even if its for dummies, and a good sales book, look at this forum, study the product and be sincere, thats all you will need to get started, oh yeah and the mcdonalds start up funds LOL
This is my approach right now, Selling medicare, Cold calling old leads etc. Half-way to 2K.
------------------------------------ Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much, because they live in the gray twilight that knows not victory nor defeat.
Seems NAA had a few defections that have bit into building a team utilizing the Equita framework..
I see no problem with these guys IF you can get a 90pt or 100pt contract and reasonable "exclusive" leads AND not having to buy leads just from them OR having to enter a no compete.
90pt's is my max contract I give out to a Indy. My time is worth money. Matter of fact - I just started charging new agents $500 for TeleSales FE training AND I have a 3 week waiting list to get into the program. Guess - since there is such a demand for Mortgage Protection - I'll add a class on that. Simple Issue Term with or without ROP - so easy . . .
Going to do Live trainings starting in April - where it will cost $999 AND they have to be liquid enough to buy $1,000 in leads. They can buy them from any source - they just need cash to start their business.
After all - it takes money to make money . . .
Tom
P.s. - the real money is operating your own Call Center . . .
I was going to post the same thing. I've been with EMG and now currently with EFES. They completely different in how they operate.
I have a hard time believing this, JD.... they share the same address. How would the people in the same building not share the same management? The founder and owner of EMG is Sam Wolfe. I see the name Jeffrey Wolfe associated with EFES, but can't verify that yet.
I have a hard time believing this, JD.... they share the same address. How would the people in the same building not share the same management? The founder and owner of EMG is Sam Wolfe. I see the name Jeffrey Wolfe associated with EFES, but can't verify that yet.
I know, but it is. Now maybe I'm in the honeymoon phase with EFES, but, they are completely different than my experience with EMG.
Now, my experience with EMG was almost 3 years ago. The manger there was the problems I had. He just couldn't tell the truth. He is no longer with EMG nor is he with EFES.
I know because he called me out of the blue a couple of weeks ago and tried to recruit me for his latest venture.
I am with EFES thru Travis. I believe that is a major difference. I don't know if I would be as comfortable with EFES if I there through another venue. Travis is a straight shooter and I have found him to be as good as any manager I have ever dealt with. That's in any line of business, not just insurance.
Watch Out for Ralph from Equita
Re: Watch Out for Ralph from Equita
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