To keep it short and sweet, I want to know whats required to open an independent agency. Ive read a million posts of people saying that the overhead is expensive and most people wont make it. My situation is a little different then most.
We own a mortgage company and real estate agency and deal with around 400 clients a year. I have a pipeline of 5,000+ clients that have been through us. I wil NOT have to buy leads or worry about that due to the position we hold in our community. I already have the office space as well.
Will i need to be a sub agent for a company for a few years before I can open up my own independent agency? Or is it something that I can just open up. I feel like I'm throwing away valuable business each time we refer our clients out to an insurance agent. Also, what other overhead would I have? Please, any input helps. Thanks all!
We own a mortgage company and real estate agency and deal with around 400 clients a year. I have a pipeline of 5,000+ clients that have been through us. I wil NOT have to buy leads or worry about that due to the position we hold in our community. I already have the office space as well.
Will i need to be a sub agent for a company for a few years before I can open up my own independent agency? Or is it something that I can just open up. I feel like I'm throwing away valuable business each time we refer our clients out to an insurance agent. Also, what other overhead would I have? Please, any input helps. Thanks all!