A Few Things For Realtors to Know
How long has LegalShield been in business?
The company has been in business since 1972.
LegalShield covers 4.5 million people.
Their lawyers average 22 years of experience.
More than 140,000 businesses in the U.S. and Canada use the service.
More than 40,000 employers offer the service as an employee benefit.
How much does it cost to get started?
It costs $99 to become an associate.
You pay that one time.
The company gets the $99. I don't receive any of it.
What do the LegalShield plans cost?
There are three legal plans.
Basic is $29.95 a month.
It covers you and your spouse.
Preferred is $39.95 a month.
It covers you, your spouse, and your children who live at home.
Premium is $49.95 a month.
It gives you more legal services.
Here's what the three plans look like.
What about IDShield?
IDShield is $19.95 a month for one person.
It watches all three of your credit reports.
The family plan is $34.95 a month.
It covers you, your spouse or partner, and eligible dependents.
Both plans help protect your identity and help restore it if it's stolen.
Here's what the two IDShield plans look like.
What about legal help for my real estate business?
There is a Home Business Add-On for $29.95 a month.
It gives you access to legal help for covered questions involving your business.
It also includes help with certain business documents, letters, phone calls, debt collection, and audits.
What is LegalShield Advantage?
LegalShield Advantage gives you a personal website and more to run your LegalShield business.
It includes your personal website, back office, app, and other business tools.
It makes it easier for people to sign up for LegalShield and for people who want to build a LegalShield business to get started.
Your first month is free.
After that, it is $24.95 a month.
So what might I pay the first month?
Here is one example.
Basic LegalShield: $29.95
IDShield for one person: $19.95
Home Business Add-On: $29.95
Associate fee: $99
Your first-month total would be $178.85 before tax.
LegalShield Advantage is free for the first month.
You choose which plans you want for yourself.
What would I pay each month after that?
Using the same example:
Basic LegalShield: $29.95
IDShield: $19.95
Home Business Add-On: $29.95
LegalShield Advantage: $24.95
That comes to $104.80 a month before tax.
How does the monthly income work?
Think about Netflix, Apple, and Planet Fitness.
They all use subscriptions. People sign up and keep paying as long as they keep the service.
LegalShield works the same way.
When one of your clients signs up for a LegalShield or IDShield plan, you get paid.
As long as they keep their plan, you can continue getting paid.
That is how money from a closing can keep coming in after the closing is over.
Is there any guarantee I'll make money?
No.
There is no guarantee you will make money.
And if you do make money, it may take some time.
What if a customer cancels their plan?
The money from that customer stops.
The same thing happens when someone cancels Netflix, Apple, or Planet Fitness. The subscription ends, so the monthly revenue ends.
What if I still have a question?
For questions about becoming an associate or offering LegalShield as a real estate agent, you can contact LegalShield's Broker & Insurance Agent Support.
Phone: (855) 572-7653
Email: broker@legalshield.com
If you want to talk about what you want to do, contact the person who told you about this.