In case of a breach,
brokers and agents often have to contact all past clients whose PII may have been exposed, often by mail.
Not exact matches
After acquiring the rights to a future income stream (such as a retiree's pension payments), these pension purchasing or structured settlement companies, sometimes called «factoring companies,» may turn around
and sell these income streams to retail investors,
often through a financial advisor,
broker or insurance
agent.
This dialogue may be facilitated by individuals,
often known as knowledge
brokers or extension
agents,
and boundary organizations, who bridge the gap between research
and practice.
Due to the complexity of the insurance market, with its ever - increasing variety of coverage
and pricing combinations, businesses
and individuals
often rely on the advice of insurance
agents and insurance
brokers to select the proper policy.
An optional endorsement can be purchased by anyone from their insurance company that reduces the deductible by a few thousand dollars However, again, this option is
often not disclosed
and properly explained by insurers
and their
brokers and sales
agents and is virtually never purchased by anyone in Ontario.
When talking to small business owners, you will
often see a misunderstanding between the roles of
agents,
brokers,
and underwriters.
Life Insurance
Brokers A insurance
broker has the ability to market your policy needs to many different companies,
and this will
often allow you to save money, since an
agent is ties to a single company.
Insurance regulatory departments
often refer to insurance
agents and brokers as producers.
Unlike term life insurance, which is easily compared online, cash value insurance is
often marketed by
agents and brokers in a face - to - face setting, where needs
and strategies can be discussed.
More
often than not, the list of inclusions
and exclusions is self - explanatory, but, in case of any doubts, one can always consult the insurance
agent /
broker.
People on a tight budget
often can not justify spending money on a
broker or
agent fee, especially when all the information
and tools they need are readily available online.
These
brokers often have several years experience in helping others find the best
and cheapest car insurance
and can also be more experienced than an auto insurance
agent, although that is not always true.
With settlement delays, brokerage fees, transfer
agents and hidden fees in the background, the commodities trading sector
often works in favour of
brokers and financial institutions rather than investors.
A skilled networker
and community volunteer, BJ is
often able to link clients with job opportunities, Realtors ®, legal resources, mortgage
brokers, insurance
agents, therapists,
and counselors.
When being «hired» typically a
broker - manager will ask what your dollar goal is for the year,
and often meet with their
agents to discuss the topic, annually.
The question I'm most
often asked by
agents and traditional
brokers is, «How is this model profitable?»
With narrowing margins, pressure on commissions, increased expenses,
and especially technology
and the difficulty to convince many
agents to «buy into the new technology»,
brokers often find themselves saying, what's the point?
As
agents and brokers, we
often set lofty goals to grow our business.
After being promoted to his new role, one of the first things Alexander did was talk to
agents and brokers across various markets, including the more remote areas that hadn't been visited too
often in the past.
An ongoing
broker challenge, engaging
agents in new technology is
often costly
and ultimately futile.
Often lawyers, architects, engineers, accountants, real estate
agents and brokers or other professionals are sued for professional malpractice
and want to assert a counterclaim against the claimant for unpaid fees.
While luxury buyers
and sellers may seem more demanding, we've found that they
often know more about what they want, recognize the value
and services high - quality
agents and brokers provide,
and are willing to pay for that service.
In real estate, attracting
and retaining top talent is an ongoing battle that will
often reward the
broker with the most creative approach to satisfying an
agent's practical
and emotional needs.
For mortgage
brokers and agents, knowing who is on title is critical because
often they are not paid until their deal closes
and they receive payment from proceeds of the mortgage or from the lender to whom they refer the mortgage.
Transaction management software, for the novice, simply takes parts of an
agent or
broker's job that are seen as time - consuming
and often repetitive,
and makes them much easier.
Consumers in search of information about their local housing market are making national, third - party sites like Zillow
and Trulia their first stop — even though the websites of real estate
brokers and agents who once served as the gatekeepers of such knowledge
often have more complete listings data.
One thing I see all too
often is
agents and brokers coming up short with their offline marketing efforts.
As principal
brokers and owners of real estate companies, we're
often overjoyed about the prospect of hiring new
agents.
Unfortunately, I
often have a very different experience when I refer my clients to other
agents and brokers.
Dennis Walsh, CEO of SellNewHomes.com, a company in Newport Beach, Calif., which trains
brokers around the country on many aspects of real estate, says that many of the most successful
brokers struggle to keep up with technological advancements,
and those that are up to speed
often struggle with the learning curves of their
agents.
Unfortunately this just isn't the case, because real estate transactions are complicated
and many times involve 10 - 20 different parties including real estate
brokers /
agents, buyers, sellers, attorneys, accountants, employers, inspectors, appraisers, lenders, government, non-profits,
and often contractors.
There have always been
agents who will work for free (that is nothing new)--
and brokers simply don't care — why should they since
often they are not getting a portion of the take anymore anyhow, with the
agent just paying rent instead of a split, so I'm not convinced that will change.
Brokers and agents who manage data across a number of multiple listing services are
often irritated by the time
and money involved in maintaining various memberships.
Local regulations generally require additional disclosures by the parties to a real estate transaction or their
agents or
brokers, or the receipt of reports or certifications,
often from the local governmental authority, prior to the closing or settlement of a real estate transaction as well as prescribed review
and approval periods for documentation
and broker conditions for review
and approval.