Deceptive hiring practices, No leads as promised, extremely high agent turn over rate. Low ethical practices.
Pros
Advanced commissions, initial training is good. First 2-3 weeks, then it's the same exact thing over and over.
Cons
I'm not a rouge agent that's mad for being let go. I was not let go from this company as a matter of fact. I have been in the business for a long time and have been very successful. I was recruited for almost 2 years by this company so I finally said "hey I should give this a chance because they are breaking records every week and they provide great leads" I haven't been with them for a few months but feel you should understand what you're getting into so you are prepared. I will probably get a very well written response for this, saying I didn't do what I should have or it wasn't a right fit......something along those lines because they are very slick at these things. I'm not saying that you can't make some good money here because you can. You just have a very very small chance at doing so, which has a lot to do with management. 1. They are masters of BS and had me for awhile. I couldn't believe how good they were at acting like they are the most amazing company in the world with the most amazing opportunities with agents making a killing. These are the companies to stay away from though. You will pay for everything, even business cards and brochures. I was shocked about this because it's a captive agency. Don't let the commission rate fool you though because in order to make the commissions they talk about you have to add supplemental products on the plan which makes it very expensive. You always feel like your job is in jeopardy. Deceptive hiring techniques are used by assuring agents they will get a steady flow of leads. I wouldn't expect top notch leads of course however this is what they are doing for leads. YOU are forced to pay $85 per month to use a dialer that is filled with an old data base of numbers that anyone can get for free. Pull out a phone book in your area or state and it's the exact same thing. You are required to make hundreds of calls per day to disconnected, busy, and wrong numbers. Essentialy you are paying for fake leads. You are required to rate each lead wether it's the wrong number, not interested, and leave notes on the leads. What they are doing is USING you as a free call center person to weed out all the numbers in your state. Then managers come in and call these leads. I found this to be extremely unethical. If you ask for leads even after producing you are thrown under the bus very quickly. At one point management was asking agents to go buy a bunch of leads and load them into the dialer that they have access to. Man.....really guys? 2. This is a huge turn and burn boiler room style operation with less than honest selling techniques encouraged by management. One of many examples is: Telling customers you are a broker and you will search multiple companies and give them the best option. It gets worse than that but I don't have room to put it all. 3. I can't speak for all management but I can for a lot of them. Some are so arrogant they have quotes from themselves hanging all over their office, and talk more about themselves than helping the agent. When you ask for help you are quickly pawned off to other agents. They can't give a straight answer and everything is spun. They rarely do what they say they are going to do. Even after you produce. Very disrespectful and many agents learn to just keep their mouths shut and maybe that's what they want. They are less than honest on the sales calls about were the top agents are getting most of their business from. 4. Fake sales numbers on daily meetings. What they won't tell agents is that they use submitted sales, not accepted sales. A good handful of the top agents have less than a 50% acceptance rate and I have seen many at 30% do the math. It's hard to get to know anyone because agents come and go so quickly. There is a reason for this. I could give a lot of details on this company but I think you get the point here. They remind me of Mega Insurance and I'm pretty sure a lot of them came from Mega. Don't know who Mega is google them. Bottom line is if you are single with lots of cash in the bank with nothing but time you just might have a small chance at some short term bucks. If not then stay far away from this company.
