with 2.5 to 3x multiple
![Wub :wub: :wub:](/community/styles/default/xenforo/smilies/wub.gif)
![Goofy :goofy: :goofy:](/community/styles/default/xenforo/smilies/goofy.gif)
![Biglaugh :D :D](/community/styles/default/xenforo/smilies/biglaugh.gif)
![Biglaugh :D :D](/community/styles/default/xenforo/smilies/biglaugh.gif)
![Biglaugh :D :D](/community/styles/default/xenforo/smilies/biglaugh.gif)
![Laugh :laugh: :laugh:](/community/styles/default/xenforo/smilies/laugh.gif)
![Laugh :laugh: :laugh:](/community/styles/default/xenforo/smilies/laugh.gif)
![V SPIN :v_SPIN: :v_SPIN:](/community/styles/default/xenforo/smilies/v_SPIN.gif)
![Wacko :wacko: :wacko:](/community/styles/default/xenforo/smilies/wacko.gif)
![Wideeyed :wideeyed: :wideeyed:](/community/styles/default/xenforo/smilies/wideeyed.gif)
![Wub :wub: :wub:](/community/styles/default/xenforo/smilies/wub.gif)
![Wub :wub: :wub:](/community/styles/default/xenforo/smilies/wub.gif)
![Nah :nah: :nah:](/community/styles/default/xenforo/smilies/nah.gif)
![Nah :nah: :nah:](/community/styles/default/xenforo/smilies/nah.gif)
![Nah :nah: :nah:](/community/styles/default/xenforo/smilies/nah.gif)
Seriously And you say you have better persistency then Medicare?
Sorry Charlie,
![Fibs :fibs: :fibs:](/community/styles/default/xenforo/smilies/long-nose-smiley.gif)
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with 2.5 to 3x multiple
Oh my. If I had 3x cash to buy a $80,000 month ACA book (just shy of $3,000,000) . . . and I was stupid enough to actually paid that much for it, someone would need to put me in the psych ward. ACA business is perhaps the worst block of business I have dealt with. Sell today, gone tomorrow. Soooooo many reasons someone would cancel that coverage -- getting a job with benefits, turning 65, becoming eligible for Medicaid or Medicare (disabled folks), just randomly picking another plan and not bothering to do it through me, deciding they can't "afford" a plan that only costs $35/month. I remember my first year selling ACA plans; I only sold local market, small town, people who came asking for it I enrolled 34 people in the fall for January 1 effective dates, only 14 were still there by year's end, and when the subsidy calculation for the next year required most of the $0 premium people to have a premium the next year, only two of those 34 were still there after 24 months. I would estimate that 1x multiplier would be top dollar for an ACA book. I wouldn't pay anything for it. It's an absolutely horrible block of business that really doesn't pay enough to cover the hassle that is associated with it. I have no idea how much money you had to spend on advertising to possibly put 4500 policies on the books. Why don't you just sit back and draw the renewals if you think that book is as valuable as you say it is?Selling large book of ACA business, with over 4500 clients, many acquired from referrals. Spread over 6 states. Commissions and bonuses are substantial. Serious inquiries only.
I wish I could believe that Trump will beat Biden in November, yet my gut tells me that one of the scenarios you mentioned will actually happen. And sadly, Trump is his own worst enemy, constantly trash talking someone or some group; Biden didn't win in 2020, Trump lost.I will go as high as 32 cents per pound.
And yes, Trump is going to be your next president. Unless they can count mailed in, unverified votes and keep counting for 3-weeks after the election and don't raise an eyebrow if there are 20% more votes than adults living in the whole country. Then Biden wins by 20% margin. And He will take a dive and Camella is the 1st female President of the USA and we go all single-payer Healthcare with Elizabeth Warren running it and just based on the chance of that happening I lower my offer to 11-cents per pound.
How did this thread get sidetracked by election comments ? I was wondering if buying an ACA book was worth spending one years commission upfront to buy it from another agent? Can anyone give their perspective?
I have only read page 3 of this thread. I am not an agent, but I got the answer to that question from reading this one page. Run, don't walk, to find another opportunity.How did this thread get sidetracked by election comments ? I was wondering if buying an ACA book was worth spending one years commission upfront to buy it from another agent? Can anyone give their perspective?