i have an interview with liberty national insurance agency for a sales agent position. it stated that they pay salary plus commission.\n\n1. i heard that insurance agents are paid by commission. if your sales are really slow, or non-existant, how will you get $$$$$$?
132027
The reason they give you salary plus commission is to give you a chance to build up your "book of business".  Eventually you will have enough clients so that you will also be earning renewals from your past sales.\n\nThe insurance business is not an easy one.  In the beginning especially, you will be working long hours and will be constantly on the phone.  In my talking with agents from different companies, Liberty Mutual is not the best or easiest company to work for.\n\nI wish you luck with your endeavor.  If you'd like any advice or other information, feel free to email me here.
655642
First, is this a contract that you entered into without an agency?  If you used an agency, you probably signed something that indicated that you couldn't apply through company directly without a waiting period or something to that effect.  Talk to your agency first.\n\nIf it's a contract that you acquired independently, just simply mention you noticed there is an opening for a "POSITION" and I am interested.  What do I need to do to apply.  Have not FEAR!  Seek and you shall receive.  Nothing beats a failure, but a try.  If you don't ask, you will never know.  Right?\n\nGo for it, best wishes!
42738
All offers must be submitted.  Depending on the specific circumstances, the agent to whom you spoke likely violated state licensing law and NAR Ethics.  You may want to speak to your state department of licensing.
219865
Yes this is VERY true! They are a very hard company to find because of what they offer. They really don’t advertise because, well they don’t have to. My husband and I used them and received a check at closing for over $7,000. Can you believe it? We paid off our car and one credit card with the extra money and here is something else they offer.  If the home you purchase is over $400,000 the pay you %75 of their commission. (Do the math on that one, WOW!) Plus no matter what the amount of the home you purchase they also pay for your home inspection and your home appraisal.  They are a fantastic company and we refer them to everyone. I highly recommend them. Their phone number is, 407-384-0044, ask for Frances she’s great.
606334
yes i think there is good money in it, i know a few salesmen who have quite a bit . im not sure what the pay is , maybe you could talk to a local salesmen, good luck
22275
Today's realtor never cease to amaze me what they see as OK.  If the realtor is the agent for the selling party, how do you think the seller would feel if they found out, especially if the realtor is kicking back something else to the buyer in the first sale or the second sale.\n\nFIRST EDIT: I'm not saying that from the buyer's perspective it isn't a good strategy, but raises some ethical questions for me.\n\nSECOND EDIT: Do you have a realtor?  If not, they should be lowering their fees on the first sale for god's sake.  If they aren't doing that, you don't want them selling your house.
302704
If you dont have experience in this specific field you need to look at the job requirements of the position posted. Focus in on the ones you can apply to what youve done in your current job. Then put on your cover letter (yes this is very important especially since you need to explain why you, w/o experience, deserves the job) that even though you have no current experience as a Insurance Sales Rep. you have performed many/some of the tasks required. And add that you had no previous exp. at current position and was able to learn/advance quickly. They only want to know what you have to offer and WHY. Keep it short and sweet. Include a achivements section towards the top w/ keywords that relate to the applied for position.\nGood luck
468924
My mothers friends brother owns an insurance company. All the people who work for him, which is mostly family however, do very well and support there families with almost anything they could want. The owner is a very wealthy man. I have heard that getting into insurance sales can be very benificial. I would do it. I'm sure you just have to go to a local community college for the classes, they will not be that expensive and I'm sure it will be worth it. Espically if the company wants you.
566680
You didn't mention if this new manager was also selling. If he is, great. Have your top sales person offer to match him sale for sale. That should embarrass him into either quitting or coming up with a more reasonable figure. Or, who knows? Maybe he is right. Either way, everyone will find out. Chances are, especially if one comes from outside of their industry, that the manager doesn't know how to sell. That is usually the case. In that case take the top salesperson's monthly average and add about 20%. I don't care what the product is cable or airplanes, that's doable. BTW, why did they hire from outside the company? Another problem might possibly be that they want people to quit that are close to collecting retirement benefits. It happens all the time.
411307
Hi, your friendly insurance guy here again. :)\n\nLong, but hopefully informative, post.\n\nLet's get the ugly bit out of the way first:\n\nTerm is cheap, Whole Life is expensive.  Whole Life pays an agent or broker more commission because it costs more and generally is given a higher percentage commission than Term products.  I mention this because there are a lot of people who hate Whole Life products and think the people who offer them are sleazy.  Thus, I am putting that bit out here right in front to satisfy the Whole Life Haters. :)\n\nHere's how Term Works:\nYou buy it for a specified period of time (typically 1, 5,10,15,20,25 or 30 years).  When that period, or TERM, is over, you can usually renew it yearly at a vastly increased cost until you reach a particular age.  The age at which you can no longer renew vaires by insurance company.  If you live past your TERM and have not renewed, your family gets nothing and you have lost all the premium money you spent (unless you have a "Return of Premium" rider, which not all companies offer and which is often extremely expensive to add).\n\nHere's how Whole Life works:\nYou buy it now.  It stays in force typically as long as you pay your premiums.  The payments stay the same forever; ther eis no "holy crap the renewal cost is insanely higher than last year."  It develops a cash value over time and in many cases the face value of the insurance goes up as well.\n\nThis, by the way, is the fallacy of all those people who say "the insurance company keeps the cash value when you die."  That's not exactly accurate.  As long as the cash value is in the policy, the typical function of it is to pay for additional face value of the insurance.  So yes, while you don't get a check for the cash value when you die, your death benefit will be larger than the original face value of the policy, making it generally a wash.  If you have had the policy for a very long time, the policy owner comes out ahead in many cases.\n\nThe cash value is NOT, NOT, NOT an "investment." That term is reserved for certain other things, like mutual funds.  It can be called a cash accumulation vehicle or a savings vehicle.  It is NOT an "investment."\n\nThe downside to Whole Life is that it costs a LOT more than the same face value of Term insurance - at least, in the short run.  If you buy a 20-year term policy for $100,000 at age 25, start renewing it annually after it runs out at age 45, and compare your lifetime costs, the Term policy will absolutely kill your wallet.  The Whole Life policy in the long run costs a LOT less than constantly renewing an old Term policy.  This does NOT mean Whole Life is for everyone.  It's only appropriate in some situations and for certain clients with specific needs.\n\nSo which one is the best?  This is the part where I hope folks who are shrieking "But...but Suze Orman told me to buy term and invest the rest" realize I am not some commission seeking scumbag:\n\nIT DEPENDS.  There is no "off the cuff" answer.  To know for sure which is the best for you, your specific situation needs to be evaluated.  Contrary to what other folks may say, I do recommend using an agent.  I do that because I am one and I treat clients properly.  If you go to an insurance company directly, you lose the benefit of having a local contact.  And guess what?  Generally life insurance companies are NOT going to give you a discount because there's no agent involved.  They charge the same and keep the commission money themselves.\n\nSo talk to an agent.  Talk to several.  Find one that you are comfortable with.  The agent should be focused on doing a full evaluation of your specific needs.  Be careful with anyone who says:\n\n"Buy Term and Invest the Rest." (they have a preconception of what's right without wanting to consider your case may not fit their mold - ask if they are willing to conside
675109
What exactly is the nature of the work that is being done to bring over the new clients? Sales calls and meetings? It sounds like the appropriate compensation would be a straight commission (assuming that there is a measurable, immediate sale involved). If the work is being done in YOUR office and especially if this resembles an employer/employee relationship, then certainly the expenses are your department, and there should possibly be a draw against commission as well (a base salary, and commissions are paid only when they are in excess of that salary).\n\nOn the other hand, if the associate is working in her own home or office, then the bills are HER legitimate business expenses which she can deduct from her taxes.
227013
You basically want to become a book publishing agent, where authors would come to you and you help them get published. Your role as an agent would be to make the process of finding a publisher for writers easier, faster, and hopefully, more lucrative. \n\nYou help writers craft better book proposals, you pitch the proposals to publishers and you help negotiate the deal between the writer and publisher.\n\nLiterary agents have different ways to earn. Typically, they earn by commission basis (often 15 percent) on the books they sell and everything relating to that book, such as excerpted magazine articles, audio tapes and films (but not speeches and personal appearances). Agents usually receive 20 percent for overseas sales.  Some agents charge reading fees just for looking at book proposal, and many charge for the costs incurred in making the deal happen (e.g. photocopying costs, telephone costs, etc) over and above the 15% commission.\n\nOther types of agents charge by the hour the work they do on author's proposal - from reading the book proposal to marketing the proposal. So even if they failed to get a publisher interested in the book and publish the book, they get paid for the hourly work done for the prospective author.
629924
Basically, if your team made total $1,000 then you get 1% out of the $1,000 which is $10. Are you looking for a good paying commission job? I have one that that pay $50.40 - $75.60 each easy cell phone + new contract or renewal contract plus $13.50 - $25.25. You can sign up for free through this company.
267114
u can get money by puting the insutrance policy as a security. its better that u consult ur agent or the company.
648680
first, you can take classes online, like at:\nhttp://www.realestateexpress.com/\n\nor your local community college should have some classes. \n\nYou work soley on commision and the amount of money you make depends on you. A successful agent is people person, a social butterfly and a great problem solver. My agent who works for me does so much business because she is constantly out socializing with friends and strangers. She takes care of people who give her leads and she takes care of her clients as well.  She averages over 100k a year easy. \n\nI suggest your ultimate goal is to become a broker and keep all your commission for yourself. Also, don't think like an agent, keep your mind open to helping your clients and people. You might not make as much on a single transaction like other agents, but the referrals you get for solving problems and being understanding of other people's issues pays off more in the long run.\n\nRegards...
204695
Ha ha, well i work for an insurnace agent, i try to let people know that im a human too (even though i work for the evil insurance company) I think that the thing that people get upset about is the fact that you HAVE to have insurance. But the thing that you have to remeber is the insurance is for you. If you hit someone, and they sue you your insurance should step in and defend you, and pay to your policy limit. Also if your car gets stolen you will be indemnified to your current need. I know that it seems unfiar that you have to pay SO much money to be protected, you just have to remember that insurance works off surveys and risk. The chance of the company having to pay out for you in the event of a claim is HUGE. The potential for millions of dollars in payment on you claim is a real thing. This is part of the reason that you are paying so much. I think that when you have a claim, that you know is horrid and you would be unable to pay if you didnt have the insurance company to back you up, it will be easier to pay that premium.\nNow the gas prices are another story all together it is unfair that these companies are making record high profits as we all suffer to pay for gas, to make an impact try to not buy any gas from the major supplier EXXON/MOBILE if they have no customers they will be FORCED to lower the price, and if they lower their price then the other stations will have to lower theirs, thus lowering the price. And when exxon again raises its price, go to a different place until they lower it....this plan will only work if ALOT of people contribute, please tell eveyone you know, and maybe instead of waiting for them to change the price we can do that for them ;) hope i helped!
235280
First off, you get what you pay for and secondly, if it seems to good to be true then it probably is. I would bump up to COMP and COLLISION as well in my opinion. I would also ask the agent for a copy of the policy itself , called a specimen policy, and comb through it very carefully. It will spell out what you will and won't be getting in the policy. If you are comfortable then yes, go for it. Be advised , anything not covered by the policy  in theory could be charged back to you. I work for an insurance company and have seen people lives ruined by not having enough or the RIGHT TYPE of insurance. Bad things do happen to good people. I hope this helps.