Okay, I currently work for a newer SF agent (3 years in). He had to borrow about 70k for his start up (although I think he borrowed too much as he completely renovated the office, etc.) He got a partial book so that is a cool possible benefit although some SF agents are scratch.
I will so own my own agency, but I will not do SF. I think it is a great company with great products, but there is one huge hangup for new agents. If you are not selling what they think you should (meaning not just auto and home, but also life, auto refinances, and mutual funds), they will cut your ace after the first year and you are out all the money your borrowed. A friend of the agent here had to file bankruptcy even though his p&c numbers were through the roof because he had too few life, loans, and mutual funds. That is a risk that I would not want to take personally.
I was considering indy or farmers. I might check out met-life now. One thing with farmers is that I can still sign up for selling health with health choice one. not sure if you can do that with met-life
I will so own my own agency, but I will not do SF. I think it is a great company with great products, but there is one huge hangup for new agents. If you are not selling what they think you should (meaning not just auto and home, but also life, auto refinances, and mutual funds), they will cut your ace after the first year and you are out all the money your borrowed. A friend of the agent here had to file bankruptcy even though his p&c numbers were through the roof because he had too few life, loans, and mutual funds. That is a risk that I would not want to take personally.
I was considering indy or farmers. I might check out met-life now. One thing with farmers is that I can still sign up for selling health with health choice one. not sure if you can do that with met-life