Buying an Allstate Agency: allstate independent agent

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PostPosted: Mon Feb 09, 2009 7:28 pm   Post subject:   

That price seems about right. You will normally see that a book of business is purchased about 2 1/2 times the commision it brings in: Allstate's 1.4 mil book brings in 15% of 1.4 mil... 210,000... If you multiplied that by 2 1/2 times you wil get = 525,000.00 you are getting a better deal than you expect..
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anonymous12
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PostPosted: Mon Mar 09, 2009 7:21 pm   Post subject: Allstate or Farmers  

I am interested in becoming an INDY agent under either Farmers OR Allstate. Allstate seems to have better advertising and offer better rates. How is Allstates training program? I herd Farmers is weak> any ideas?
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CaliKarl
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PostPosted: Sun Nov 01, 2009 12:26 am   Post subject: buying an allstate agency  

I have spoken to an agent who has indicated he wants to sell his agency. He shared some confidential information
with me such as his earnings for 2008 and other pertinent information. I have a degee in marketing as well as sales experience and money to invest.
He said that I would need to speak to a representattive
from Allstate. That was three weeks ago and I haven't heard from this individual even though they have my e-mail & ph. #. What do I do? Thanks.

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eager buyer35
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