allstate agents for sale

allstate agents for sale

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It’s quick, it’s easy, and it’s free! Post your agency photo, details and contact information on AllstateForSale.com for prospective buyers to see. Access is free to buyers as well, so they'll be able to quickly find agencies for sale in their area and contact you if they are interested.

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Member Since : Dec 8, 2017 Last Activity : Mar 26, 2018

Profile Viewed 1353 times

Country : United States State : New York City : Cheektowaga

Year Established : 1977

Company Annual Sales (in US Dollars) : 500,001 - 5,000,000

Products : Our target customers are gift shops, hospital gift shops, designers, decora.

Expected Work : Sales agents are expected to cold call, develop relationships and cultivate.

Categories : Arts, Crafts, Gifts; Electrical & Lighting; Entertainment, Games, Sports, &.

Countries Needed: Canada, United States

Territories Needed: We are looking for both KEY ACCOUNT & TERRITORY REPS in USA & CANADA

Compensation : Sales Agent gets commission from company on sales

Keywords : Holiday, Seasonal, Christmas, pool, spa, patio, decor, gift, giftware, toys.

Member Since : Nov 13, 2017 Last Activity : Mar 20, 2018

Profile Viewed 144 times

Country : France State : Provence City : Rousset

Year Established : 1986

Company Annual Sales (in US Dollars) : 5,000,001 - 50,000,000

Products : Plastics granules in off spec or prime. France Polymeres is a company tradi.

Expected Work : agents should approach new or actual customers they already have We can .

Categories : Chemicals, Plastics, & Raw Materials; Hardware, Industrial, & Machinery

Countries Needed: Germany

Territories Needed: no specific needs

Compensation : Sales Agent gets commission from company on sales

Keywords : Plastics granules in off spec or prime, France Polymeres is a company tradi.

Member Since : Mar 10, 2015 Last Activity : Mar 24, 2017

Profile Viewed 11155 times

Country : Canada State : Alberta City : Calgary

Year Established : 2013

Company Annual Sales (in US Dollars) : 500,001 - 5,000,000

Products : CRO Software is a business management solution that utilizes advanced cloud.

Expected Work : CRO Software Inc provides a Dispatch, Asset Management,Billing/Invoicing, l.

Categories : Business Services; Computer & Electronics; Metals & Minerals; Vehicles & Tr.

Countries Needed: Australia, Barbados, Belgium, Bermuda, Brazil, Canada, France, Germany, Ire.

Territories Needed: All States United States Canada United Kingdom Australia New Zealand .

Compensation : Sales Agent gets commission from company on sales

Keywords : CRO Software is a dispatch and Business Process Management solution targete.

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This Allstate Agency just outside of Lynchburg, Virginia is a perfect way to get your career started in the insurance industry with the most recognized Brand in the business! This small Agency has low overhead in a great market location and is ready to grow! Low Capital requirement and start-up expenses compared to opening other small businesses or franchises and is also eligible for Allstate’s new Enhanced Compensation Program! Good potential to increase revenues through new & renewal commissions as well as performance bonus based on growth, retention, financial services etc. Excellent opportunity for cross sells!

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Salesgenie Testimonials From Allstate Agents

“I have worked in insurance marketing for many years and I can confidently say that Salesgenie is one of the most powerful marketing tools that I have ever used. I have been able to design highly targeted campaigns that are providing response rates and returns on investment that are far above average. The best part of my experience is that all of these benefits have been given to me at what I feel is an extremely reasonable price. I want to extend a big thank you to the Salesgenie for helping me revolutionize the way that I view marketing in the insurance world.”

Justin Ross LJ Ross Insurance Services Inc.

“Yesterday my LSP sold three autos to one customer off of a Salesgenie list on one of her first calls. It MAKES A DIFFERENCE! I just wanted to say thank you and let the management at Salesgenie know how you have helped my agency and helped us agents on a daily basis. Thank you for all of your help!”

Joey Williams The Williams Agency

“I have used Salesgenie since the day I opened my agency and have had tremendous success in writing new business from the lists I compile that fit the guidelines established by my carrier. Thank you, John, for reaching out to me and sharing the benefit of using Salesgenie; it has made a difference in my success.”

Carrie Lee Covington Covington Insurance Agency

“Just finished a record month with Allstate commercial. A lot of the credit goes to the commercial data that we received from Salesgenie. We were able to use the default small business search and get 5,000 small businesses that are in our target market. We used telemarketers to get a verified lead and then we called them with a quote. This is very encouraging. Thanks so much for making this the best January the ‘Dale Agency’ has ever had!”

Luke Dale The Dale Agency

“The Salesgenie leads have been easy to obtain and have significantly increased my close ratios. It is very simple to navigate the website and learn the system; within minutes I was able to build a custom list of very high potential prospects. I have investigated and tried several other sources for prospects and found that Salesgenie was superior in targeting specific prospects and geographical focus areas. The leads obtained from Salesgenie have helped me tremendously in getting my new agency off to a fast start. I look forward to continuing my use of Salesgenie and developing new creative marketing strategies.”

Five Key Points About The Allstate Exclusive Agency Agreement

This is a guest post from Dirk A. Beamer of Wright Beamer, PLC

Like industry leader, State Farm, the Allstate Insurance Company has built its business historically on a platform of “captive9rdquo; insurance agents who devote their time exclusively to selling and servicing Allstate products. Years ago, Allstate broke ranks with its chief competitors by allowing its agents the opportunity to sell the “economic interest” in their agencies to third parties. Just this year, the Farmers Group of Insurance Companies announced a similar model. While the Allstate Exclusive Agency Agreement presents a unique and potentially valuable opportunity to prospective agents, it contains fine print that warrants close attention. Here are five key points prospective buyers should consider:

90 Day Termination without Cause.

Allstate reserves the right to terminate the Exclusive Agency Agreement for any reason or for no reason upon providing 90 days’ notice. While in theory the agent still has the right and opportunity to sell her “economic interest,” she may have little time to do so. And the value of her interest may be compromised if she is forced to conduct a fire sale. Some agents lament that they were assured they would never be terminated without “cause.9rdquo; Regardless of what may have been said, the contract plainly speaks to 90 day termination without cause, and Allstate plainly can and does exercise that option regularly.

Sales are at Allstate’s Discretion.

While the contract permits agents to sell to third party buyers, it reserves for Allstate exclusive discretion to approve or disapprove such a sale. Inevitably, this shrinks the potential market. Worse, it can lead to mischief if local management meddles in the negotiations between the selling agent and his buyer. While Allstate announces certain criteria from time to time that will determine whether an outside buyer is “qualified,9rdquo; those criteria change regularly and are not uniformly followed.

Termination Payments are Not Guaranteed.

Currently, Allstate offers a termination payment (TPP) to outgoing agents who, for whatever reason, do not sell to a third party. The termination payment is roughly equal to one and a half times the agent’s annual commission income, and it is paid out over twenty-four (24) months following termination. The termination payment itself is often smaller than the market price for the economic interest of the book of business, but it does at least provide some hedge for the agent unable to locate a buyer acceptable to Allstate. Unfortunately, the Exclusive Agency Agreement does not guarantee that Allstate will continue its practice of providing termination payments. Agents investing in an agency face the risk that – when they are ready to cash out – Allstate will not approve a proposed sale and will no longer offer termination payments.

The Agreement Itself is Subject to Constant Change.

The Allstate R3001 Exclusive Agency Agreement is eleven pages long. The Agreement itself has not been modified since it was introduced in 1999. However, it includes the following provision: “Agency acknowledges that it has reviewed the Supplement, EA Manual, and Agency Standards and that it has on ongoing responsibility to review all changes to the Supplement, EA Manual and Agency Standards issued by the Company and agrees to be bound by them.” Collectively, the referenced documents contain hundreds of pages of rules. Allstate modifies these documents routinely. In effect, Allstate takes the position, “We can unilaterally modify the Contract at any time, and you agree in advance to be bound by those changes.” So not only should a potential new agent read the fine print, she should also get out her crystal ball and forecast additional print Allstate may wish to add in the future.

Commission Rate is Not Guaranteed.

Pursuant to the R3001 Agreement, “The sole compensation to which Agency will be entitled for services rendered pursuant to this Agreement will be the commissions as set forth in the Supplement, as may be amended from time to time.” Historically, Allstate offered ten (10%) percent on new P&C insurance business. In 2011, Allstate announced a new variable commission plan under which commissions would drop as low at eight (8%) percent but would increase to eleven (11%) percent for highly competitive agents. In response to serious agent pushback, Allstate lessened the blow by putting the floor at nine (9%) percent instead of eight (8%) percent. How long that will hold remains to be seen.

An Allstate Agency represents a significant investment of time, money, and mental and emotional energy. Interested candidates must conduct a serious and careful examination of all aspects of the proposed arrangement. A great place to start is a conversation with existing Allstate agents.

Dirk serves as general counsel to the National Association of Professional Allstate Agents (“NAPAA9rdquo;) and the United Farmers Agents Association (“UFAA9rdquo;). Dirk has represented both associations and their membership in various lawsuits nationwide. In addition to litigation matters, Dirk regularly counsels NAPAA and UFAA concerning their business affairs, management and member concerns. Dirk works with agents throughout the country providing expert support in the sale or purchase of an insurance agency.

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