Is Selling Life Insurance REALLY Better Than Selling Real Estate? [Matt Sapaula Reaction]
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- Опубликовано: 11 июл 2024
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Are you allowed to work with LPL Advisors as an OBA?
Excellent, level-headed review.
He touches on being able to qualify potential clients and close on them quicker due to the simpler process, and therefore less work PER CLOSE and quicker commission. But commission for a home sale is $10k-$15k and easily makes up for the extra work. Even at 100% AP commission as some of these final expense companies pay, that’s 15-30 new clients. That could possibly be over 300 or 400 dials, plus the work each of those clients needs once the initial appointment is set. Home sales IS more fun and sexy than insurance; it’s not just a narrative pushed by TV. No one wants to think about life insurance, but clients will absolutely be thinking about their new home. It almost reverses who is trying to motivate who in the sale process, and will definitely have an effect on the ease of the sale
I've met Mr. Sapaula two or three times now here in Dallas/Addison. He's a good motivational speaker who is surrounded by a lot of really nice people. His company is definitely an mlm though (nothing wrong with that, if that's what you're looking for) with very low commissions in the beginning. I agree with some of his comparisons to real estate, but differ with some as well coming from the investor side of real estate. Great video, thank you!
What about doing both👀👀
The only way to make the big money in insurance is to be a agency owner
Not true
Not true at all. I'm not sure where you got this idea, but it's wrong.
@@LeonMortgage or you guys have different definitions of big money. Even with residuals, you’ll never gross more than $250k-300k/year as a rep. Is that good money? Without a doubt. But the person who works hard enough to pull that as a rep, would likely be at $750k-$1M/year as an agency owner. The key phrase in that statement was “big money IN INSURANCE,” so it’s relative, and accurate.
No you just have to do a lot of recruiting and sell your loved ones worthless policies like IULs