I currently get approx 9% commision on auto/home sales auto averages 600 every six months. Home about 1000 per year. The staff needs to handle service calls as well but I want them to pivot to another product on that call. I am properly staffed with 3 agents. they tend do just sell auto & home insurance and not the life & health minimal requirements I have set which is 4-5 per month total. they take the base salary of $11.50 . Should I bonus them on the auto & home even though they are missing the other opportunitys I have mentioned. they are basically just taking orders as the phone is ringing off the hook. I want to be fair and keep and retain my loyal team. any suggestions? I would like to get them to pivot to other products and meet the minimum requirements for life & health.
121843
Partner with an expert in other fields.  I have arrangements with P&C agents, annuity agents, etc.. where I strictly handle the life insurance for their clients and refer my life clients to them for P&C.\n\nWe do splits on cases. It has been tremdous revenue boost for all parties.
451029
Well auto policies do not cover your personal property inside the auto.  The person above who stated this is not correct, I have been in the business for 5+ years and never seen an auto policy pay out on personal property that is not "attached" to the vehicle. \n\nGenerally those items would be covered under your Renters or Home Owners policy, depending on the coverages listed inside the policy.  They generally put a set limit on laptops, and the others would be covered under standard personal property coverage, unless they have a capped limit for property off premises, which they do this sometimes too. \n\nThe thing to do is call your homeowners or renters agent, see what your deductible is and if its worth calling in a claim.  Sounds like it is.
474746
to reiterate the previous answer -- it's hard work, lots of people have the misconception that it's a gravy job -- not so!  long hours, especially when you want to be off (weekends, week nights), but very rewarding to actually help someone achieve the american dream.\n\ni'm a realtor in texas.  although there is no 'set' commission, generally sellers will pay a total of 6% to sell their home -- that 6% is then split between the listing agent and the buyer's agent.  depending on the company you work for, you'll end up with less, as you have to pay fees to the firm.\n\nif you work for a brokerage that requires you to pay hefty fees up front, you might not want to start there.  there are some companies out there that work good for new agents, you're welcome to send me a private message and I'll give you more details.\n\notherwise, good luck!
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.
215444
I've been a health insurance broker for about 20 years.  Brokers in almost all US states get paid commissions that do not affect the cost of their clients' policies.  This is due to state regulations.\n\nIn another words, the policy costs the same whether the client buys from the broker or from the company.\n\nCommissions are usually a percentage of the monthly premium the client pays.  I work with all the Connecticut non-group health insurance companies and the percentage ranges from 7% to 25%.  One company pays a flat fee of $17 per month per contract.  \n\nThe companies that pay higher first year commissions ususally pay less in the second and subsequent years than they do in the first year.\n\nIt is a good business, but it is a lot of work.  You get a lot of technical questions so you have to know your stuff.  Also there are no big commission cases at least not if you focus on individual sales like I do.  However, every month or every quarter, you will cash slightly bigger checks.  Eventually you wil have a good income if you work at it.\n\nIf you are planning to come into the business, good luck (unless you are planning to compete with me in Connecticut - just kidding there are plenty of clients to go around).  Study hard; work hard; work with integrity and you will gain many new clients and friends.\n\nIf you want to find out more about me visit my website.  See below:
255275
Hi, I have a health care worker that comes ten hours a week. Most in my apartment complex have helpers. Most of our helpers are great. We know that it is hard for workers to understand our needs and we work together with our helpers to make our relationships good. Our aids become like family. The pay in Michigan is $9.00 per hr. Wages depend on agency. Make sure the agency is good to their workers. My agency is harsh on workers and they are supposed to be the best. The workers are not treated fairly. Of course, if you start your clients will help you to know what agencies work well with you and your client. Call Social Services, employment agency, hospitals, schools, and even apartment complexes for disabled. Even apartment complexes for retiree's and elderly will give you information. The pay is not much but if you are considerate and love people, you will do this job. You will not find more loving and understanding individuals as in disabled complexes. Not V A, but complexes that have disabled.
379524
I don't know about the auto business, but I am in the referral business online.  Most of my referrals pay between 20-30% of the total revenue that is earned from my referral.  However, I invest money on behalf of my clients with internet ad campaigns so if you are just coming across a lead that you pass along with very little work or cost I think a referral fee of between 5-10% is reasonable.  Also, take into consideration what is being earned.  If the other party is earing more than $1,000, I think they can afford to be more generous.
218758
I am currently a financial advisor for a financial planning and mutual fund company so I hope I can help out some. Lets look at your questions.\n\n1. Life and health are they as difficult?\n   When I took the health and life insurance test for KS it was fairly simple. I haven't taken P&C but everyone I knew that tooke Life & Health didn't have too much of a problem with it.\n\n2. Work from library and internet?\n   Possible, but I wouldn't recommend it. I would suggest to find a good study that is specific to your state. I used a company called AD Banker for my health and life. Went to a class for life and study their book for health. Fairly easy. They taught everything you need to know. Especially the state specific law questions.\n\n3.Annuity what are they?\n  Easiest way to explain an annuity is...You know what a CD is at a bank. It's basically an account where you put a lump-sum amount of money in and let it earn interest and the interest compounds. Well and annuity is similar to that. There are some differences. First, it's only sold through Insurance companies. Which is why you are required to have a life insurance license. Second, when your interest compounds in an annuity you don't have to pay taxes on the earnings until the money is withdrawn. A cd you pay taxes on interest earned in the year it's earned. Third, annuities are the only investment vehicle that can guarantee a monthly payment for your whole life. What happens is you put money in it earns interest and then eventually you annuitize it. The insurance company then sends you a check each month until you die. Thats the basics of it. You'll learn more in depth about them when you study for your exam.\n4.Advice...\n  It's not easy. Take into consideration that while working in an insurance/financial services job you usually are self-employed and you just represent a company. Therefore you are really responsible for making your own paycheck. Most places put you on strictly commission. So if you don't sell anything this month you could go hungry. Make sure that you talk to all of your friends and family members. They will be the starting point of your business. Always, Always, Always, I cannot stress this enough, ask for referrals from people. It will make your business along with your paycheck grow. Don't stress out if you want to go into mutual funds or financial planning or anything. Such as getting your NASD series 6,7,63,65. They are somewhat difficult, but if you study and prepare they are actually really easy. Now, when you take these tests remember they are designed to trick you. Most of the time they are testing you on whether or not you know how to take tests. Read each question over twice make sure you know what it's asking. Watch out for questions that contain double negatives in them. And usually go with your first instinct. It's generally correct. Don't worry about any of the tests or understanding stuff greatly. You'll learn a lot about stuff as you go along. Good luck
642136
OK, sounds like a beginning.  Here's what your loan officer is going to be thinking about.  He's basically got two ratios: the inside and outside ratios.  The inside ratio is the percentage of your monthly income that goes towards your house.  That number's generally got to be under 28%.  So, if you're bringing $3,583 home a month (gross), then you can afford $1,003 per month for your mortgage payment (inside ratio).  Your outside ratio is usually around 42%, and that includes all your debt payments.  So, your student loan, credit card payments, mortgage, car payments, etc. all have to be less then $1,505 per month.  They'll use your credit report to get these numbers.  \n\nSo, that's how much they'll let you get.  \n\nNow, there are a lot of ways to finance a home.  Depending on your down payment (if any), your credit score, the quality of the home (can it pass FHA standards--no pealing paint, generally in good condition, etc.), and the type of loan you get, your actual payment may really vary quite a bit.  There are a lot of good programs today that can get the job done for people in about any situation.  Maybe the low interest rate because you're a teacher will be the best move to make.  Maybe a variable-interest rate is the way to go.  There are interest-only loans, direct investor loans, FHA loans, ARMs, etc.  Your loan officer is going to have a lot of ideas about how to get things done.\n\nI would recommend that you talk to a mortgage broker, rather than a banker first.  They'll have more options than a bank, and their motivation is to find a good fit for you.  If you are a member of a credit union, they are usually better than the banks as well.\n\nFor me, I believe that your home will generally appreciate over time, plus you get your interest paid as a tax writeoff.  It's generally a better idea to purchase a home than pay rent, even if you pay 20% more for the mortgage.  The way to make that work in your monthly budget is to check with an online service (irs.gov, turbotax.com, etc.) and find out what your taxes will be with and without your interest writeoff.  Then, make sure your witholdings match what you're actually going to have to pay.  That way you actually get enough in your paycheck to pay the extra for the mortgage, if that's the situation.\n\nFeel free to contact me via Yahoo! Answers if you have any followup questions (Email is generally better than IM).  Good luck.
461337
Don't play games with the customers. Be HONEST. Give them the best rate and the best closing cost. They will shop around and they will know that you are the best. Show that you care about them and not about your commission. Over time this will pay off because you will ask them for referrals and they will send people to you.\n\nAnd once you get a deal going, don't give up. I never saw a business where the product was so easy to sell and so hard to deliver.  Things will go wrong. There will be clouds on the title, the underwriter will give you fits. Be persistent. Also be sure to tell your customer NOT to open any new loans, change jobs, buy a car, or apply for any credit until after the loan is CLOSED. \n\nGood luck.
219799
No personal experiences, BUT I know a friend of a friend who worked for NY Life just out of college.  This person worked for a while as an agent.  He sold a number of policies, but he didn't earn enough from the commissions to live on, so he had to quit.  Later, he found out that's how NY Life has made their big bucks.  They intentionally hire kids fresh out of college, give them little or no training, no leads, no support.  The new agent won't sell a lot of policies, but the ones that he does, revert back to the company when the new agent quits.  Thus NY Life doesn't have to pay commission on those policies ever again for the life of the policies that were sold, which would be a humungous savings for NY Life.\n\nA sleazy way to make money, if you ask me.  It's a heads up, if you're planning on working for them.  It's also a heads up if you're planning on getting insurance through them.  Personally, I wouldn't.  They don't need any more money than they already have, and to make money on the backs of young kids with a built-in design for their failure is, well, sleazy.\n\nApparently it's been a practice of theirs for years.
130079
If you are looking for a work from home opportunity... I work with an Inc 500 Company that has been in business for over 20 years... and has experienced growth in ALL 20 of those years.  They have excellent published credentials... and even send all of those working the business a monthly magazine which tells you exactly what the average income for each representative is.  The compensation plan is very easy to understand... and there is no stocking of products to sell.  It is the first program that I have been involved with that has actually paid me every month AND my upline is very supportive and doesn't charge me for training. The company mission statement is: "Enhancing the lives of those we touch by helping others to reach their goals.  The basic principle is revenue sharing.. the company believes in rewarding those of us who help them to get the word out about their products.  PLUS... they offer a complete money back guarantee on both the products and the business plan.  What I like best about the opportunity is that NO-ONE can possibly get hurt.  If you would like more information about how I suppliment my income from home...contact me through my Yahoo 360 page.  No promises of get rich quick... just accurate information on how, if you actually work the business you can build a legitimate business for yourself from home.  Work for yourself...NOT by yourself.
329524
Dear _______\n\nI have enjoyed working for you the past 4 years.  I have gained much knowledge and experience.  In that time I have been a loyal employee and have a good record of employment with you.\n\nMy current rate of pay is $_________ per _____.  I have not had a raise since _______.  During that time, my expenses for gas, and mileage have continued to increase, so it costs me more to do the same work for you as before.\n\nI am asking for a cost of living wage increase.  I think $_______ is reasonable.  That is only a ______% increase from what I am making now.  It is in line with what other companies are paying to someone working with my experience.\n\nThank you in advance for responding quickly to my request.\n\nI am available to discuss this in your office at your earliest convenience.\n\nSincerely,\n\nYour Faithful Employee
523735
Cold calling sucks and most companies have abandoned this tactic for a reason.\nI did it for about a year when I first got in the business.\nYou're better off having some sort of lead source, but if you must, a good script is the way to go. If cost is the object, at least get some 2 year old - 2 year arm records from your title rep.\nSomething we used to do is pair up. when one of us got an interested person on the phone we would transfer them to the other. This made the second person seem more credible.\nBottom line - if you're on your own, I'd concentrate on a higher percentage source and if you work for a company, I'd look for another.
425987
I have a soluition to your answer.....if you are looking for real work with real benfits...then you have found it here. I am not sure if you are willing to work from home, but this is the best thing i have ever found!!!!! Its called Ameriplan and it is a home based business that sells Dental, Vision, Chiropratic, and Prescriptions all discounted up to 80%. This is not insurance but great for those who cant afford it, and need something witha discount. We are also in with the BBB and have been on 60minutes. If you are interested and are not overwhelmed by all this info. then please contact me at my website or email me @ cam_smw_kmm@yahoo.com
115756
iv trawled the net for an answer & its just a nobody voice over from an advertiseing agentcey \nps can u please go back to my question about tax the sum is per month you seem very inteligent
582795
that's like 2k per month gone for each of the 3br & 2 kids.\n+ shopping/allowance for the lady-of-the-house.\n+ cars that cost 3 times as much as it is in western countries.\n= at least a 10k/month income!\n\nif you need some income by the side...look me up.\n(click on Nick on left to email).\n\nPeace!