Average vs. Fair Market Value for your Agency?
Per Independent Insurance Agents of Dallas - "average agency value" or "fair market value" are typically the most frequently discussed terms surrounding agency valuations...but how do they contribute to unprofitable acquisitions? First, average agency value is just that: an average. NOT ALL AGENCIES ARE CREATED EQUALLY. There is a good chance that your agency has certain features (location, market saturation, risk, competition, price/earnings ratio) that are better or worse than industry average. Call #GeneralInsuranceBrokerage TODAY (941-870-3388) and find out what makes YOUR agency unique! #valuation #fairmarketvalue #average #agency #selling #profitability #GIB#insurance