Thursday, July 12, 2007

Are you looking for a way to make some extra money on the side? You will quickly find that Mortgage Protection is the easiest, and highest paying, very part time job available. The great thing our agents have realized is that you can make 80% of your income working half the hours. Never again do you have to worry about beating up dead leads, or hounding the thinkers. Spend your time seeing people who want to see you, and get on to the next appointment.
How do you do it? Lets say for example you would like to make $1,000 a week working part time. Here is how it breaks down: All agents start at a 55% contract rate. (55% of the first year’s premiums are advanced to you upon approval. Years 2-10 provide residuals!!) - An AVERAGE mortgage protection agent will sell 6 out of 10 appointments, using our selling system.
Appointments last between 30 min. and 90 min. With a weekly average of 10 hours of appointment setting, prep and drive time. An average mortgage protection application is around $80 a month. At 55% commission on a $80/mo application ($80 x 12 = $960 Annualized Premium) is $528.00. In one week assume your 10 hours of prep, and drive time. Schedule 5 appointments averaging an hour a piece. You should sell at least 3 appointments. In one out of every 2 homes, you should sell 2 policies which should equal 4 policies. 3 of those will issue. 3 x $528 = $1,584 a week working 15 hours! ($6,864 a month!)

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