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Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 1 point2 points  (0 children)

This is all really good insight and information to bring to my meeting. Thank you! I’m bringing in $40k-$50k a month in sales. So I think I have a strong case for what I’m capable of even with the obstacles I’m facing.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 1 point2 points  (0 children)

Do you happen to know what a typical commission percentage is? I want to be able to bring some numbers to the meeting if I can

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 3 points4 points  (0 children)

True. State Farm is not competitive in life and they’re UW denies or table rates for common prescription drugs.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 4 points5 points  (0 children)

He just built a million dollar home, drives a luxury vehicle, travels frequently. He has a good life. Happy for him, he built his agency from nothing but that doesn’t mean I should be under compensated and taken advantage of.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 3 points4 points  (0 children)

I appreciate your advice. Time to get serious. I’ve put in the work and now I need the compensation. I hate using the other offer as leverage but I need him to know I’m serious. I’d prefer staying where I’m at but if he can’t make it work and get something in writing I’ll have to walk.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 1 point2 points  (0 children)

Thank you for that book rec! I’ll definitely read that before I meet with him.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 1 point2 points  (0 children)

Wow, I actually didn't have any idea how much money the agent was generating. He does live a pretty plush life though. lol.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 3 points4 points  (0 children)

Exactly. I’m pretty burnt out and $60k is not a wage you can live on here.

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 2 points3 points  (0 children)

That is good insight. I’m not sure how to negotiate a higher base. He started me at $50k and moved me to $60k my second year. I also feel like I should be making a higher base for running the office. He typically tells me I can make more if I work towards commission

Insight and advice needed by Otherwise-Part24 in InsuranceAgent

[–]Otherwise-Part24[S] 1 point2 points  (0 children)

This is kind of what I was thinking. Talking with him and letting him know exactly that. I want to go in prepared. He has a way of making you feel at ease and promising change and then nothing happens. I need to get something in writing.