BEST RATE FINANCIAL AND INSURANCE SERVICES - SCAM SCAM SCAM!!!!!!
This is indeed a scam on a very LARGE scale. There are multiple "partners", Mark Alan Thompson, Robert James Abbott JR, Robert Jeffery Taylor, and a few other names have been used in the past such as Mark Rogers. These guys have already used another agent's writing number in the past, unbeknownst to him. These are probably not their real names, but do a deep enough search and you can find anything you want on the internet. Look up Etelesure, Avian Online, and Oak Tree Brokerage on google just to start, and read past and present forums.
Yea they can definitely talk a smooth game over the phone, former Marine Corp band, where he met his wife, blah, blah, blah. They even go as far to make fake accounts on the insurance forum websites to try and defend this company, and their pathetic selves. They tell you they provide FREE LEADS starting at a 70% contract rate which sounds amazing right?!? Well, of course you have to give them a "refundable" deposit of $550 upfront, that is to be returned to you once you write $2,500 in AP. It is actually a very good system, up until you get a hold of those leads. If they were an honest organization that operated with professionalism and transparency that they claim to possess, why would multiple name changes need to occur?!? Hmmmmm, i'm stumped. The first two weeks is your "training" which, in a nutshell, is you mulling over 8 pretty ridiculous webinars. During that first few weeks, they say they are submitting your contracting to the 3 different carriers that they like to focus on: Transamerica, Mutual of Omaha, and American National. Fun fact: only one of the partners is contracted with any of those companies and it's "Robert Abbott" with Transamerica. That's public info, check it out if you don't believe me.
And now, what all the agents have been waiting for, THE LEADS!! Time to make some money right? WRONG!! The vast majority of the "internet leads" are disconnected numbers, wrong numbers, and the minuscule amount of people who answer have absolutely no idea what you are talking about!! Even after building a bit of rapport and doing some discovery questions, none of them even needed any coverage or additional coverage. Next, the Mortgage Protection leads. Ah yes, again, wrong numbers, disconnected numbers, and the few who answer vaguely recall filling out a form like this over 2 YEARS AGO!! This is not BS people, read other forums going back a few years, and multiple agents state the exact same experience.
So, some might be thinking, "oh great, another whiny agent griping about leads. How about you go out and find business to write in order to atleast meet the quota." Been there done that, as well as many others whose stories you can find in other forums. You write a few apps, and get them submitted to whose ever email your "manager" is. They say it is submitted, and good to go. So a week passes, no word from the manager of course after multiple attempts. Well hell, i'll just call the carrier with my information (contracting purposes), as well as the different customer applications to check the status. Neither carriers had any contracting paperwork for me, nor did they have any applications submitted for either of my clients. Both carriers stated something definitely sounded wrong, and to check with the Department of Insurance. So more weeks go by, and "Mark Thompson" and "Robert Abbott" are nowhere to be found or heard from. No return calls, no return emails, they just popped up and vanished like a virgin on prom night.
So now, what about that $550 deposit? I didn't meet the quota did I? At this point I can't even get a response back on the status of my 3 submitted applications, let alone my contracting. I think the $550 is out the window, and shame on me for being a moron and not checking these posts more thoroughly beforehand like hopefully all of you have.
I was contacted by Eric Cannon of Best Rate Financial out of Oklahoma City ok explaing to me that we quilifted for the TARP program, he told me that I would have to pay upfront $. 2, 247.00 for processing fees. I mailed two posted dated checks which the first check was cashed in the amount of $ 1,245.00. I had a ad feeling about this company after the first check was cashed and looked Eric Cannon up on Google and alerts came up that he was a scaming many people. I then looked at the BBB from Oklahoma and found 11 complaints that he ripped people out of thousands of dollars. Thank goodness I shopped payment on the second post dated check!
Beat Rate Financial of Oklahoma City, Ok does not exist.
Best Rate Financial Reviews
BEST RATE FINANCIAL AND INSURANCE SERVICES - SCAM SCAM SCAM!!!!!!
This is indeed a scam on a very LARGE scale. There are multiple "partners", Mark Alan Thompson, Robert James Abbott JR, Robert Jeffery Taylor, and a few other names have been used in the past such as Mark Rogers. These guys have already used another agent's writing number in the past, unbeknownst to him. These are probably not their real names, but do a deep enough search and you can find anything you want on the internet. Look up Etelesure, Avian Online, and Oak Tree Brokerage on google just to start, and read past and present forums.
Yea they can definitely talk a smooth game over the phone, former Marine Corp band, where he met his wife, blah, blah, blah. They even go as far to make fake accounts on the insurance forum websites to try and defend this company, and their pathetic selves. They tell you they provide FREE LEADS starting at a 70% contract rate which sounds amazing right?!? Well, of course you have to give them a "refundable" deposit of $550 upfront, that is to be returned to you once you write $2,500 in AP. It is actually a very good system, up until you get a hold of those leads. If they were an honest organization that operated with professionalism and transparency that they claim to possess, why would multiple name changes need to occur?!? Hmmmmm, i'm stumped. The first two weeks is your "training" which, in a nutshell, is you mulling over 8 pretty ridiculous webinars. During that first few weeks, they say they are submitting your contracting to the 3 different carriers that they like to focus on: Transamerica, Mutual of Omaha, and American National. Fun fact: only one of the partners is contracted with any of those companies and it's "Robert Abbott" with Transamerica. That's public info, check it out if you don't believe me.
And now, what all the agents have been waiting for, THE LEADS!! Time to make some money right? WRONG!! The vast majority of the "internet leads" are disconnected numbers, wrong numbers, and the minuscule amount of people who answer have absolutely no idea what you are talking about!! Even after building a bit of rapport and doing some discovery questions, none of them even needed any coverage or additional coverage. Next, the Mortgage Protection leads. Ah yes, again, wrong numbers, disconnected numbers, and the few who answer vaguely recall filling out a form like this over 2 YEARS AGO!! This is not BS people, read other forums going back a few years, and multiple agents state the exact same experience.
So, some might be thinking, "oh great, another whiny agent griping about leads. How about you go out and find business to write in order to atleast meet the quota." Been there done that, as well as many others whose stories you can find in other forums. You write a few apps, and get them submitted to whose ever email your "manager" is. They say it is submitted, and good to go. So a week passes, no word from the manager of course after multiple attempts. Well hell, i'll just call the carrier with my information (contracting purposes), as well as the different customer applications to check the status. Neither carriers had any contracting paperwork for me, nor did they have any applications submitted for either of my clients. Both carriers stated something definitely sounded wrong, and to check with the Department of Insurance. So more weeks go by, and "Mark Thompson" and "Robert Abbott" are nowhere to be found or heard from. No return calls, no return emails, they just popped up and vanished like a virgin on prom night.
So now, what about that $550 deposit? I didn't meet the quota did I? At this point I can't even get a response back on the status of my 3 submitted applications, let alone my contracting. I think the $550 is out the window, and shame on me for being a moron and not checking these posts more thoroughly beforehand like hopefully all of you have.
I was contacted by Eric Cannon of Best Rate Financial out of Oklahoma City ok explaing to me that we quilifted for the TARP program, he told me that I would have to pay upfront $. 2, 247.00 for processing fees. I mailed two posted dated checks which the first check was cashed in the amount of $ 1,245.00. I had a ad feeling about this company after the first check was cashed and looked Eric Cannon up on Google and alerts came up that he was a scaming many people. I then looked at the BBB from Oklahoma and found 11 complaints that he ripped people out of thousands of dollars. Thank goodness I shopped payment on the second post dated check!
Beat Rate Financial of Oklahoma City, Ok does not exist.
I want them found and proscuted...
This is a rip off company.