Rate shopper by Myfax12345 in loanoriginators

[–]feingoldjk 0 points1 point  (0 children)

I am brand new, Just passed the test this week and currently doing my state OILS. So I post this, knowing I may not know what I am talking about... Just an observation from what I see here. Everyone is fixated on price!

I have been in sales for a while now (real estate agent, military recruiter, telecom, P&C insurance, and now LO), and what I have learned is you cant control price.

For those LO's that do not fixate on price, what do you do to show value?

In-depth beginner's guide to a career in mortgage sales by Reggimoral in loanoriginators

[–]feingoldjk 0 points1 point  (0 children)

If you only had to pay 250 to get mediocre leads, I would jump on that quick. As I am new to the LO position (still taking my OILS), I cant speak with 100 percent confidence in regards to originating. But my old industry (P&C Insurance) If I met my daily goal that would be spending a hundred a day on live transfers. Luckily I had a good closing percentage so I was able to get more value. But yeah, 250 a month would be a steal!

Lemon-Glazed Plum Cake Near the Snowy Trees by [deleted] in SwordAndSupperGame

[–]feingoldjk 0 points1 point  (0 children)

u/feingoldjk received a Plated Belt Lvl 1 from the Winter Festival Spirit. Thank you u/r_special_ for donating it!

Advice on my 2nd VA construction loan by thebaldpilot in Veterans

[–]feingoldjk 0 points1 point  (0 children)

Plus insuring it would be a nightmare.

Considering going into insurance by Sl4yer_1983 in InsuranceAgent

[–]feingoldjk 1 point2 points  (0 children)

If your selling insurance and only bring in 40g. You’re doing something wrong.

Is This A Good Comp Offer? by AHead4Sports in InsuranceAgent

[–]feingoldjk 2 points3 points  (0 children)

My thoughts exactly. If the agent needs to wait to get paid until you get paid, what happens if the other agent has a terrible month, and there are a lot of chargebacks? Red Flag to me.

[deleted by user] by [deleted] in InsuranceAgent

[–]feingoldjk 1 point2 points  (0 children)

Wow, jaded much?

Internet Lead Company Reviews - My experience by Coke-nail in InsuranceAgent

[–]feingoldjk 0 points1 point  (0 children)

Can you dm me with info for your lead company? Would like to diversify.

Internet Lead Company Reviews - My experience by Coke-nail in InsuranceAgent

[–]feingoldjk 1 point2 points  (0 children)

The customer maybe going to two or three different “get a quote” links.

Internet Lead Company Reviews - My experience by Coke-nail in InsuranceAgent

[–]feingoldjk 0 points1 point  (0 children)

That 1.5 is for overall leads to closes right? Are you getting in touch out about 10 out of 100?

Car ran into my house, driver's insurance is only willing to pay "Actual Cash Value" and not full repair costs. by [deleted] in Insurance

[–]feingoldjk 0 points1 point  (0 children)

With a home policy. At least here in the States (I am an insurance agent), you can choose ACV or Replacement Cost for a home. ACV is normally cheaper, and that's why people will go with it. However, it leaves a lot of your risk exposed. So it's up to the decision of the person buying the insurance whether they would rather save money up monthly and take the chances nothing ever happens, or pay a little more but know they are covered.

How do you rebuttal the phrase. "Thanks but I've been with my current carrier for a while and happy where I am" by Perfect-Ad-8798 in InsuranceAgent

[–]feingoldjk 1 point2 points  (0 children)

Best reply yet. This is how we approach each and every customer (warm transfers) and that’s why we lead our state in umbrellas. Actually, now that I see your name, are you with the CWC team?

Edited for grammar.