I've been in the mortgage field for 3+ years. I was an assistant and moved up to a LO this year. My salary was decreased to a minimum wage draw because of commission potential. I've been handed a handful of loans this year, but all in all I've been thrown to the fishes and told to produce. The dozen or so loans that i have brought in over the year have all flopped, mainly because of our pricing My main question is, is this normal at the beginning? I know the sales field can always be an on and off struggle, but so far this year it's only been a struggle. Wondering if it's worth looking elsewhere, or flipping industries while im still young-ish.
Change industry. Crash is coming
I've been considering this pretty strongly. Rates are lowest in years and market is still on the slow side
So I stuck with it and my life has pulled a complete 180 over the last 2 years. Last year pulled 6F, and already passed it this year and on track to nearly double. The struggle paid off 💪
If you think you can make bank on commission within a reasonable learning curve, then stay, otherwise consider flipping
Wow, that was super unhelpful!
Its reality based on the information op shared. They need to understand where they're missing and work to improve but even then the product sounds bad based on their statements (pricing). So either they need to improve their sales ability to compensate, find a new company without those limitations or if they're just not able to do sales change industry