Mortgage Brokers Finding Success Through Insurance

As a blogger for an Insurance School Florida or Nationwide, I have seen the successful transitions of Real Estate Sales Agents  to Insurance Agents.  A site called School Insurance Florida followed the career  path  of Real Estate Agents and Mortgage Brokers.   Across the United States they have seen their  incomes  diminished  for the last  three  years.  Gone are the days where they’d get numerous  calls a day for  extremely high value  properties.

 I have witnessed Edit this text  some of these agents find great success as Insurance Agents.  They had to weigh the benefits of staying in a market that is bottoming out .  The prices of houses  have fallen so far that they were  even pleased  to get work on a $25,000  home  .  3  years ago they would have laughed  at that prospect.  Now many of their colleagues  are out of work  .  Sure the Real Estate Market will eventually correct itself , but hanging onto that license for dear life  will not  change the fact that it’s going to be a scary ride.  Bills  are due now.  Compare Salary.coms average salary that shows that Insurance Agents make more than Real Estate Agents and Mortgage Brokers.

The good news is that the same skill set to sell homes  and mortgages applies  to Insurance.  You use your networking skills to bring in new clients, you get people off the street walking  through the door, you can have a farm area, and you follow-up with clients  in exactly the  same way.  The transition is  seemless .  All you need is a week course  or online  class  and you can start  earning more than those people who are clinging on the Real Estate Industry.  If you still want to  practice  Real Estate you can do both as you are  self-employed  and there is no conflict of interest.  Do a little house-hunting for extra cash, but cash-in on the stability  of the Insurance Industry.

People need Health, Life, and property insurance.  So while very few people are selling a lot of homes  , the owners of those homes need Insurance.  Money is tight with consumers but Insurance is a necessity.  A newer or larger  home can be a luxury.   Make  your bet on the necessity.

I own a Florida Insurance School that offers Nationwide licening classes  .  Some  of our most successful students have been from the Real Estate Industry.  They enjoy cheap Insurance Continuing Education and are reapingthe reward of the Down Market.

 Real Estate will always be there when the Market rebounds   So make the most of it..

Rick Sabian

Insurance License Florida

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