Proper Training For Newly Qualified Cemap Advisers...where Is It???

homer_j_3

I have posted on your other post. Salaries are varied depending where you are. You only keep the salary if you are justifying your keep.

BLUroma

Conrad wrote: »

The FSA have strict rules around supervision. In essence no one is supposed to give unsupervised advice until thier supervisor has signed them off as competent in discharging thier TCF responsibilities. The owner of your firm is living dangerously.

I did go through compliance testing and roll-plays with the Network the company is attached too and was given 'Permission to Trade.' However, I honestly thought that I would be supervised by the Director or someone for awhile...but haven't been. YIKES!!! He's barely around. So what I plan on doing is going over all my recommendations with the other advsires here before I recommend anything to a customer in order to protect myself. I don't know how else to do it at this point. I need to get some business in to get an income, have to eat! Thanx ~ BLUroma

Dan_Collins_2

Hi BluRoma

If I am honest, after getting Cemap and being fresh faced and probably not ready for the harsh life as a self empoyed person I would go get your self a job with either a lender, broker or estate agent as an employed consultant. You can then learn the ropes without the pressure of not earning and your paid a salary so the you will get training. Experience is important, but then again I have been in the trade since 1999 and I meet people that have been doing it since 1899 and they are scary! People actually use them!! So when we say experiance we dont mean 10 years plus!

Your supervisor is letting you down, they can send you on network causes if they pull the finger out!

BLUroma

Dan_Collins wrote: »

Hi BluRoma

If I am honest, after getting Cemap and being fresh faced and probably not ready for the harsh life as a self empoyed person I would go get your self a job with either a lender, broker or estate agent as an employed consultant. You can then learn the ropes without the pressure of not earning and your paid a salary so the you will get training. Experience is important, but then again I have been in the trade since 1999 and I meet people that have been doing it since 1899 and they are scary! People actually use them!! So when we say experiance we dont mean 10 years plus!

Your supervisor is letting you down, they can send you on network causes if they pull the finger out!

I emailed the network's training superviser asking for an update on courses on sales training etc over a month ago and he still hasn't replied to me. Talk about discouraging all-around.

RE: Getting a employed job...that's exactly what I've been thinking about Dan!!! Here's my thoughts though, I'm concerned that when they see I've already been in 2 jobs in this business in the past year, how bad will that look?! I've never jumped from job to job before getting into this business, so I don't think it will make me look too good, or too stable. Know what I mean?!

It hasn't been completely my fault, so to speak, the companies just didn't deliver what they told me they would. The part that's my responsibility is not speaking up sooner, but like I said in my thread unfortunately my disappointment has rendered my speechless...THUS FAR! I was going to speak with the Director of the company today, but yet again...he's not here. ARGHHH!!!!

So, any suggestions on how to handle the employed job front would be greatly appreciated!!! My preference is still to stay whole of market and not be tied to just one lender like being with a Bank or B.S. Anyone here at MSE want to hire a real hard working eager new adviser from Kent?! Hehehe!

Thanx ~ BLUroma

Dan_Collins_2

We are looking to recruit, but it has been so hard getting a new guy sign on and ready to write business we have been put off, so we are looking for ppl up and running. The problem we had is that we are all writing business including the owners, it is not fair on the new chap if he is left alone but they also have to write business.

Our network was good with programs etc but on the job is the best way to learn.

Forget about being a tied agent, WoM etc, you just need to get a position in which you can learn your trade. The p roblem you may find recruitment at a low point.

I would get your CV up to date and dont mention the negatives within the CV. When you get to the intervie they will ask. You have to be honest they will respect you for doing something about it and know you will be eager.

If you want to work in an EA then you need to be hungry and wanting to earn the cash, the EA's like that, ,the corps even more so!

Good luck

UK007BullDog

Trawl all the lenders websites and apply directly or sign up to job sites. There is plenty of hiring going on. Well, to be honest, its actually churning thats going on and loads of poaching.

NeilQuinn

Just reading through the OP's & Mortgagemamma's posts on this thread & it seems they ended up with similar set-ups to the one I joined 2 years ago (which resulted in me nearly going bankrupt / repossessed....the lot & why I registered on this site).

This firm was taking on people with no industry experience whatsoever. The training consisted of watching the boss on one of his extremely uncompliant sales & then the newbies were out on their own. I felt really sorry for them & ended up being the company's unpaid training officer because I've 20 years in the industry. They would come to me, having been handed impossible cases to handle......cleaners earning £7000 p.a & wanting £100K mortgages etc. Needless to say, I told them not to do the cases. These were the "plentiful leads" everyone was promised.

I brought to the table, a decent clean client bank & was giving away 50% of the commission but because I wouldn't bend the rules, I didn't get leads from the boss (thankfully).

There were 10 advisers this time last year....now there are two! Most have seen the light and jumped ship, including myself.

Dan gives some great advice there for a new entrant......an estate agents or a bank is a good grounding & it will give you the chance to build up a client banj while receiving some guarantees. Most of my clients came from my estate agency background. They'll come with you if you look after them.

TwelfthMan

Dan_Collins wrote: »

Hi BluRoma

If I am honest, after getting Cemap and being fresh faced and probably not ready for the harsh life as a self empoyed person I would go get your self a job with either a lender, broker or estate agent as an employed consultant. You can then learn the ropes without the pressure of not earning and your paid a salary so the you will get training. Experience is important, but then again I have been in the trade since 1999 and I meet people that have been doing it since 1899 and they are scary! People actually use them!! So when we say experiance we dont mean 10 years plus!

Your supervisor is letting you down, they can send you on network causes if they pull the finger out!

Absolutely spot on advice this. My first (and current) role was as a Mortgage Adviser with a lender. I passed CeMAP and thought I knew everything there was to know about mortgages but learnt quickly in my first month that it really was just the tip of the iceberg.

Only now after nearly 2 years there do I feel totally ready to move into a self employed role as a broker. Many people I've spoke to think I'm mad leaving a safe job with a regular salary to go into self employed at this time. They've got a point but I'm a gambling character with the drive to succeed.

If you go with a lender, most have really good training departments and will often have a coach who pops into the branch fairly regularly and can help with things. In my early days, I was struggling with my take up rates on critical illness policies. A quick coaching session and couple of role plays and I did 2 months target in a week so its well worth having someone like that on hand.

BLUroma

I've already started to revise my CV and look around. I admit I like the freedom of being independent, BUT if I can't get any business in who cares if I'm getting 70% of the business I write...70% of nothing is still NOTHING!!! Plus, everything in life always comes down to 'TIMING', it's just very likely not my time to be self-employed, way too tough of a way to start out as a newbie in the business. I'd be OK if I had proper support, but honestly the other advisers have their own business to keep afloat never mind assisting me all the time. I have nothing to lose by passing my CV around at this point, it could turn out to be the best thing I've ever done for myself! THANX FOR YOU COMMENTS!!! ~ BLUroma