Taking over or purchasing an existing agency is an opportunity that few other companies offer. It provides lucrative financial incentives to capitalized external candidates, so they can facilitate the purchase of service and commission rights from existing Farmers agencies. Immediately receive the residual commission that the agency is currently generating, in addition to bonuses offered on new business for up to 3 years.
Purchasing an agency is great for someone that is looking to immediately receive residual commission from existing clients, while at the same time build the book of business through their own network and marketing. Our team provides support during the transition from selling agent to the buying agent to ensure a smooth process. We will provide training for the buying agent and their staff to develop marketing plans to expand the agency, as well as retention plans to maintain the existing clients.
About the Acquisition Program:
- Up to 3-years of bonus, in addition to residual commission
- Quarterly bonuses
- $10,000 office startup bonus
- Bilingual and/or military bonus of up to $6,000 — both Agent and Staff
- Property & Casualty License
- Life, Accident & Health License
- Satisfactory results of background check
- Minimum of $25,000 in seasoned liquid assets, plus purchasing price
- Minimum of 1 licensed and appointed staff
BONUSES & INCENTIVES
We offer our agents various types of bonus that they qualify for.
Below is a list of just a few:
-Quarterly and Annual Bonus
TRAINING & SUPPORT
While working with our team, you receive extensive sales training, product training, and support throughout your career. Our dedicated team helps to coach you through your start-up, by providing support from Product Specialists, Business Consultants, Marketing Managers, in addition to the District Manager and the Southern California Territory team.
As a member of our team, we appreciate everything that our agents do to build their small business. The Achievement Club programs focus on rewarding agents for raising the bar and improving growth, productivity, cross-sell, customer experience and customer retention.