Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Topic Options
Rate This Topic
#294025 - 06/08/09 06:48 AM Insurance and real estate at the same time okay?
maximas Offline
Junior Member

Registered: 06/08/09
Posts: 1
Loc: IN
First off, this board is great! Now my question. I am currently an independent insurance agent specializing in health and life insurance. That said, I am also thinking about becoming a real estate agent, as well. Is there any issue involved here that would cause a problem - ethical or otherwise? Is this common? Thanks in advance.

Top
#294177 - 06/08/09 10:55 PM Re: Insurance and real estate at the same time okay? [Re: maximas]
Viktor Offline
Veteran Member

Registered: 09/23/07
Posts: 861
Loc: Dallas, TX
Not much, but be careful when you recommend insurance agent for home insurance to your clients. :-)
_________________________
Viktor Taushanov
William Davis Realty
Dallas, TX
http://homes4saleindallas.com
http://planorealty.blogspot.com
Viktor.RealtyBG@gmail.com
http://www.linkedin.com/in/viktortaushanov


I love referrals!

Top
#294343 - 06/10/09 12:48 PM Re: Insurance and real estate at the same time okay? [Re: Viktor]
Cave Man Offline
Veteran Member

Registered: 11/16/07
Posts: 545
Loc: CA
If acting as a real estate agent, you just have to disclose to your client that you will get a financial benefit if they use you as their insurance agent. Most brokerages around here have standard disclosure forms they use whenever referring a client to a business they have an affiliation with.

One thing to think about though -- is that if you market yourself to agents hoping they refer their clients for you to get insurance -- they may no longer do so when they learn you are a real estate agent. That's because they may think you could potentially steal their client (even if you would never do such a thing).

Top
#294352 - 06/10/09 01:39 PM Re: Insurance and real estate at the same time okay? [Re: Cave Man]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 2510
Loc: Vermont's North-East Kingdom
***DELETED*** Should have been modified; not replicated.


Edited by Vermont (06/10/09 02:04 PM)
Edit Reason: accidently replicated somehow
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#294354 - 06/10/09 01:59 PM Re: Insurance and real estate at the same time okay? [Re: Cave Man]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 2510
Loc: Vermont's North-East Kingdom
Do others find it odd that Insurance Agents DO NOT have to disclose that they work for the Insurance Carriers, and not the Premium Paying PolicyHolders ?

All of their Customers refer to them as "My Agent" when, in fact, they are on the other side of the table, representing the best interests of the Insurance Carriers, who compensate them.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#294454 - 06/11/09 08:09 AM Re: Insurance and real estate at the same time okay? [Re: Vermont]
Bigtoe Offline
Veteran Member

Registered: 10/14/07
Posts: 1008
Loc: Outer Banks
Good move getting out of insurance. This is the next industry to get taken down by the internet.
_________________________
Your Outer Banks real estate agent. Learn how to buy an Outer Banks Foreclosure property.

Top


Moderator:  DelCidsRealty, jbt4re 
Newest Members
Tully Mars, Robb Leece, GaryG197, BarristerBPO, reojack
16009 Registered Users
Who's Online
22 registered (BaddestCross, deepsea, Dark Helmet, acor2121, crenshaw, 4 invisible), 66 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Search

Shout Box

Good Ideas
Nusetlock.com




BPO Automation




Realtor Websites




Sponsors

Top Posters (30 Days)
Pine 332
Vermont 106
maui realtor 97
Doin' bpose 94
super realtor 91
Perky_REALTOR 88
OverTheEdge 88
REODayton 83
Grampa 78
Crazy 2 75
TB in TX 74
CandyMan 72
....J~ 71
PA Roadkill 67
BoneFish 62
Featured Member
Registered: 05/13/08
Posts: 563

How To Advertise Here


This site presented by RNC Internet Services