Real Estate Agent AND Insurance Agent

[Thomas Price]

I run a large Real Estate Agent team and have started to invest in supplemental companies in order to increase income through the same activities. I am beginning to reach out to the insurance agents that I know to hear about how they spend their time, AND would love to hear from others who have added this offering to their RE Agency work.

Estimated Math: I'm not super knowledgeable yet, but I believe 12% is reasonable for my area.  $1,000 yearly premium multiplied by that 12% means $120 each year that it is renewed.  Many people hold that same insurance until they resell their home (5 year avg when rounding down).  If 50 of my yearly clients use us then that adds $30,000 a year in income.

What else should I consider as I research this opportunity?

[T.J. Ferguson]

And 10% to 12% is average on Home renewals if you have direct carrier appointments