newkidontheblk
New Member
- 2
I was contact by an AllState Recruiting Officer. I am seriously thinking of becoming either a scratch agent for them or I might just buy the book. I will have to go through their training either way. The problem is I don't know anything about this business and I am afraid to fail again. I was in the IT industry for 20 years. I left to open a medical spa but then the economy went south and I had to sold it. Since then I have been looking for another career that I can work for the next 10 to 15 years. I was hoping this opportunity might be it...although I am not vert certain. I have done some homework and the more I read the more I bcome skeptical about the whole thing. Since my husband makes decend money for both of us to live on, I don't really need to make money right away, although it would be nice if I could. In this economy, should I pursue to become an AllSate agent whether as a scratch agent or if I just buy the book? We don't have a whole lot of money to spare so I am going to buy the book I was thinking of starting out with a book that has about 1.1 million in premium. If you think buying the book is the way to go, how much should I offer for a book that has about 1.1 million in preminum and about 90 in retain rate and 50% for loss? What else should I look at in the book? Like I said, this is all new to me and I would appreciate any help that I can get. This is also my first day being on this forum. Thanks again.