There's a mtg company that provides leads that have been really pre-qualified. Meaning, telemarketers have done the collecting of information including personal info and credit score. That being said, is it a wise move to join up or jump ship on the idea? People in the industry only please!
2006-11-11 14:31:43 · 2 answers · asked by Michael 2 in Business & Finance ➔ Other - Business & Finance
Michael,
do you have a cash reserve of 6 - 9mths to pay bills food rent utilities car note student loans insurance health car renters evening out money?
yes - go for it if you would do it for free.
No - don't go for it cause you may spend that time working up to speed / cash . It is reality curve and industry attrition curve.
2006-11-11 15:00:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I used to be in the industry. Take this into consideration, ask the mortgage company what amount of business, in dollars and number of loans, they are doing monthly now. Then ask how many of those loans are divided up between how many agents. Then ask what your cut is per loan. That will be your bottom line.
Considering many areas are taking big hits now, it depends on where you are doesn't it? Check out the market and ask the right questions. Then decide.
2006-11-11 22:36:00 · answer #2 · answered by MadforMAC 7 · 0⤊ 0⤋