Buying into an independent agency

plainstrader

New Member
10
Recently our agency changed hands and the previous owner sold the agency to his son in law. I have been with the agency 4 years now as a commercial P&C agent. I previously worked on the risk management side of insurance but have enjoyed my time on the dark side! lol Our agency is a small to mid sized sized independent that is well established in the community and has been around for 50+ years.

I would like to get your thoughts and options on how you might approach a new young owner on buying in?
What % would be your goal to make the opportunity worth it? If you have any experience going through this yourself I would greatly appreciate your feedback!
*When I was first approached to come on to the agency the opportunity of ownership was discussed but nothing beyond that.*
 
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