Florida Insurance School finds influx of Real Estate Agents
As a blogger for an Insurance School Florida or Nationwide, I have seen the successful transition of Real Estate Sales Agents to Insurance Agents. A site called School Insurance Florida followed the career paths of Real Estate Agents and Mortgage Brokers. Across the US they have seen their income diminished for the last 3 years. Gone are the days where they’d get multiple phone calls a day for extremely high value properties.
I have seen some of these agents find great success as Insurance Agents. They had to weigh the benefits of staying in a market that is still reaching bottom . The prices of houses have fallen so far that they were even pleased to get work on a $25,000 home . Three 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 rebound , but hanging onto that license for dear life will not change the fact that it’s going to be a bumpy 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 houses 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 almost seamless . All you need is a week-long classt or online course and you can start making 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 an independent contractor and there is no conflict of interest. Go ahead and do a little house-hunting for extra cash, but cash-in on the rock-solid 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 maybe very tight with consumers but Insurance is a necessity. Anewer home can be a luxury. Make your bet on the necessity.
I own a Florida Insurance School that offers Nationwide pre-licensing . Some of our most successful students have been from the Real Estate Industry. They have access to 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