Becoming a State Farm Agent
- Thread starter shawn17ths
- Start date
jcarring99
Expert
- 45
Good luck on getting any constructive responses on here. If it's that bad then why aren't more agents leaving? In my state there is about a 15% failure rate. Are the other 85% just hanging on or are they making money? It is irratating that we hear from the 15% and not the 85%.
- 657
It could be that the 85% simply have no where else to go. I know several miserable SF agents. That doesn't mean you will be one...just sayin'....
- 8,707
How is that failure rate calculated? Based on new TICAs only or on the entire block of SF agents in the state?
I have nothing in this fight...I sell that elusive hard nut to crack financial services products and just love to read what the TICA contracts include.
It's not what it used to be. The contract has changed dramatically in the past 7 years. More than a few of the new contract agents are deep in debt and have no choice but to gut it out or go broke.
Every market area is different, some have much higher failure rates than others. Used to be SF was the jewel of the captive companies and no one ever left.
Caveat emptor
Hi everybody! I have just spent two hours reading these posts from a couple of years ago till now. I was actually trying to find somebody with something good to day. I also went to the NASFA website.
I currently running my own just me heating and air-conditioning repair business. I was interested in the SF deal because I am getting a little older and my business sometimes is physically demanding.
So before taking the first initial test, I thought I would look around and WOW! OMG!
AAAAAAHHH! I am RUNNING FOR MY LIFE! I will invest in growing my own business once my wife finishes school for nursing. Score cards, AA05, and the rest of it Go to hell, Im out a HERE! Im going to tell the recruiter to take a score card and the AA05 AND SHOVE IT! 
I just fell in love with my current career all over again! Sore back for a day or two, NO PROBLEM! BYE!
I currently running my own just me heating and air-conditioning repair business. I was interested in the SF deal because I am getting a little older and my business sometimes is physically demanding.
So before taking the first initial test, I thought I would look around and WOW! OMG!
AAAAAAHHH! I am RUNNING FOR MY LIFE! I will invest in growing my own business once my wife finishes school for nursing. Score cards, AA05, and the rest of it Go to hell, Im out a HERE! Im going to tell the recruiter to take a score card and the AA05 AND SHOVE IT! I just fell in love with my current career all over again! Sore back for a day or two, NO PROBLEM! BYE!Hi everybody! I have just spent two hours reading these posts from a couple of years ago till now. I was actually trying to find somebody with something good to day. I also went to the NASFA website.
I currently running my own just me heating and air-conditioning repair business. I was interested in the SF deal because I am getting a little older and my business sometimes is physically demanding.
So before taking the first initial test, I thought I would look around and WOW! OMG!
A few years ago people were standing in line to become SF agents. Now SF is out beating the bushes for candidates. There was a big ad in our local paper yesterday. There is a reason for that change.
Uhh... baby boomers retiring and they're growing. They grew over 1,000 agents last year. Allstate just lost over 1,000 due to their crappy new contract.
I've dealt with hundreds of companies. Captive and non. Even when you're indie, they all want you selling their product. To me it felt like when I was with State Farm. The indies still push, the only difference is you have more options. What I can say good about State Farm is it gives it's agents more support than any company I've seen or dealt with. I read somewhere their advertising this year alone is going to push nearly $100,000 per agent. Food for thought...
- 110
Looking at credit in the background is pretty standard stuff for the big captive companies. And yes, it is a deal breaker, even in a small offense. Their stance is there are plenty of people with great credit out there. Recruiters, go find those people!
SF is a fantastic company. My business works with agents from every walk of life. And overall, SF is hands down the most well established, professional group of field agents. A good test of this would be to randomly stop into 2 Agencies of the following companies: SF, American Family, Allstate, Farmers, and Liberty Mutual. See for yourself.
I don't know if the recruiter has told you, but SF requires a lot of personal capital before they take you on. I think the number is $50k of liquid assets before they will let you start an agency. (Don't know for sure though.)
Also, if you're thinking about going independent one day, I would start that way. The beauty of each model is building on past successes. If you're doing well at SF, you won't want to leave. If you're not, they'll fire you anyway!
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