Since your insurance business is one of your largest investments, selling it can also be one of the biggest events in your life. The last thing you want is to end up with someone who merely picks up insurance agency listings without putting in the real effort it takes to list and sell your business.
How to Find the Right Agent to Sell Your Insurance Business
While getting excellent referrals may be extremely important, you should check the credibility of the referrals. Keep in mind that they’re only as good as the credibility of their sources. For this reason, it’s best to keep an open ear and an open mind when you’re assessing these referrals.
Measure Their Years of Experience
Keep in mind that an agent who has only had a few years of experience is merely learning off of you. You can’t expect them to go the extra mile to provide you with the assistance you need. It’s important to check their level of experience in the industry before deciding to work with them.
Examine Their Productivity
How many sales have your prospective agent recently completed? You have to take the time to ask about their performance record and look up their recorded sales. To get the best deal, you have to work with an agent who has their pulse on present market conditions so they can accurately set the price of your agency to obtain the best return on its sale.
Test Their Market Knowledge
The right listings agent knows the market in which your insurance business is located. They should know about the pros and cons of your location, the present market conditions, the competing listings, and the proper listing price.
Make Your Insurance Agency Listings Consistent Everywhere!
At Energia Consulting Partners LLC, we offer our clients a well-established approach to the agency sales process. If you’re planning to sell your agency anytime soon, our team of experienced professionals is ready to help you maximize the value of your insurance business. Contact us today to request an appointment.