Insurance License, what’s the cost? 1. Pre-Licensing & Broker Platform: $220 2. Finger prints, Exam, State Fee: $100 - $300 (depending on your state) Income potential for 1 client - Client get a $100/ month term policy - Insurance company pays the out at a x12 basis - Pay Out: $1,200 for that client - Average Agent Contract 50% - Agent Take Home Compensation: $600 Conclusion: Helping 1 client can cover your entire licensing cost Send me a DM to connect or Click The Link In My Bio | David Gomez
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Month 1-4: $0 income Meanwhile you're paying: MLS fees Insurance Marketing Gas, signs, cards All while working 80-hour weeks. Then you finally close and $15k commission becomes: Broker split: -$10,500 Taxes: -$2,250 Costs: -$2,250 Take home: $6,000 For 6 months of work. 87% fail because they run out of money before deals close. The 13% who make it? They survive the $0 months. So yeah, anyone can GET a license. Not everyone can KEEP it. #RealEstateAgent #RealtorLife #realtor #realtors #realtorsof
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