Results 101 to 125 of 253
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02-19-2018, 12:57 PM #101
- Join Date
- Oct 2017
- Location
- new york
- Posts
- 2
these threads make me giggle out loud
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02-19-2018, 02:58 PM #102
- Join Date
- Jan 2018
- Posts
- 353
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02-19-2018, 03:12 PM #103jotucker1983Guest
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02-19-2018, 04:01 PM #104
- Join Date
- Oct 2016
- Posts
- 4,318
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02-19-2018, 05:01 PM #105Karen37aGuest
I think top producers have a party when they make a 100k commission in a month they dance, laugh then get ready for the next month.
The ones who don't make it, dust themselves off...forgive themselves and start from scratch and try to make it to the top of the board the next month...repeat, repeat 30-day cycles, years ..as long as you do not give up you are still in the game. ( just fix the mistakes to make it on the board...)
Sales is like a sports game...teams, keep score, some win some lose. This isn't the bank. This is how competitive salespeople clash with the back office
https://www.youtube.com/watch?v=yYzrSGRzttk
Mo Money Mo problems
Lyrics
Now whos hot whos, not whos selling out the stores
I'm the D to the A to the D-D-Y
Know you'd rather see me die than to see me fly
I call all the shots
Rip all the spots, rock all the rocks,
I know you thinking now when all the balling stops
never home, gotta call me on the yacht
10 years from now we'll still be on top
Yo, I thought I told you that we won't stop
Now what you gon' do with a crew that got money much longer than yours,
And a team much stronger than yours?
Where the true players at? Throw your Rollies in the sky wave em side to side, keep your hands high
I don't know what they want from me
it's like the more money we come across the more problems we see
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02-19-2018, 05:07 PM #106
- Join Date
- Oct 2016
- Posts
- 4,318
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02-19-2018, 05:12 PM #107Karen37aGuest
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02-19-2018, 05:19 PM #108Karen37aGuest
That's why I only got up to 300 licensed brokers( before the crash) and I am comparing things to Primerica.Art williams is better than me lol
I was placing deals thru Aig/mortgages/fidelity trying to run him down....buy term invest the rest... he had 300,0000 Agents...id never catch him
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02-19-2018, 05:28 PM #109jotucker1983Guest
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02-19-2018, 05:31 PM #110Karen37aGuest
John
If brokers are splitting their commission 50/50 ...60/40 70/30 depending on their abilities
and I could close 10 sales myself 50k vg that would be 500k @ 10 % plus 3psf
split off 20-30 brokers commission with me.
Then add in renewals
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02-19-2018, 05:33 PM #111Karen37aGuest
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02-19-2018, 05:37 PM #112jotucker1983Guest
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02-19-2018, 05:39 PM #113Karen37aGuest
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02-19-2018, 05:40 PM #114jotucker1983Guest
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02-19-2018, 05:41 PM #115jotucker1983Guest
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02-19-2018, 05:41 PM #116Karen37aGuest
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02-19-2018, 05:46 PM #117jotucker1983Guest
You provided a cartoonish/imaginary example of making on average of 13 points (10 points plus a 3 point PSF) on a long list of imaginary deals. Discussing imaginary situations is a waste of time. I could provide an cartoonish/imaginary example of someone making $3 million a year off a string of 15 point deals. WHO do you know in this business, as an individual rep, that's making $100,000 a month?
And address the 300 licensed brokers question. What was the name of this firm? What year was this? What other supporting information do you have to validate this is truthful information?
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02-19-2018, 05:46 PM #118
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
If you include the syndication returns, at least the top three to five reps at the large stacking firms are absolutely making more than $1MM a year -- and that was back when stackers were lending less than $100mm per year on their books, i have to imagine it's only gotten bigger and that syndication pot just keeps on compounding. Same thing with high-risk senior underwriters. At least that is what it was like in my banking days, and blowing through the $1mm was easy.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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02-19-2018, 05:47 PM #119
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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02-19-2018, 05:49 PM #120
- Join Date
- Dec 2013
- Posts
- 4,713
guys keep it up ...... was getting tired of eating stale POPCORN!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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02-19-2018, 05:50 PM #121Karen37aGuest
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02-19-2018, 05:51 PM #122jotucker1983Guest
Carl,
Got it, so are these guys mainly internal Reps at the Funders who are fed deals from external brokers, along with potentially getting in-house leads from the company's large marketing budget? Then of course, they get an override on renewals? You also included syndication returns in those figures as well.
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02-19-2018, 05:51 PM #123
- Join Date
- Dec 2013
- Posts
- 4,713
Karen like paying a M in taxes. she could not afford the pay-cut being a top rep at the big houses.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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02-19-2018, 05:52 PM #124
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02-19-2018, 05:52 PM #125Karen37aGuest
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