Buying a Book of Business

Karweik

Expert
Where is the best place to look for books of business for sale? And what is a typical process? Do you take out a personal loan or do you just pay the agent over an agreed amount of years?
 
Either agencyequity.com or agency4sale.com. I am sure there are other options as well. The payment options depend on the owner of the book.
 
Venus there is a separate area to say hi or becoming new to the forum. Probably not the most beneficial thing to say hi 10 times throughout the forum where people are requesting help specific questions.
 
Where is the best place to look for books of business for sale? And what is a typical process? Do you take out a personal loan or do you just pay the agent over an agreed amount of years?

The best way is either by asking wholesalers if they know who might be interested in selling or approaching other agents and seeing if they are interested in selling. Usually the books that are publicly advertised either have problems or are over priced.

As far as payment and finance arrangements those are unique to every situation and can take whatever form that can be arranged.
 
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