Non-Compete Agreement
Posted: Fri Feb 07, 2020 6:59 am
I am sure there are a million and one topics about this, but I have a general question for those that have been through this.
I am considering going from a small agency to one of the large brokerages doing pretty much the same role. The client profile is pretty different as the small agency is mostly middle class families and the large brokerage handles predominately high net worth clients.
In your experience, do you think the small agency would try to prevent the move? The non-compete is two years and the large office is within the geographical restriction zone.
Also, when you have made this type of move do you feel the other previous agency is okay with agreeing to let the Account Manager take friends and family. i.e. the types of accounts where the relationship is strictly with the producer. I would not be trying to take the accounts that were referred by current clients or through business paid networking groups and marketing campaigns. Strictly the family and close friend accounts.
I am considering going from a small agency to one of the large brokerages doing pretty much the same role. The client profile is pretty different as the small agency is mostly middle class families and the large brokerage handles predominately high net worth clients.
In your experience, do you think the small agency would try to prevent the move? The non-compete is two years and the large office is within the geographical restriction zone.
Also, when you have made this type of move do you feel the other previous agency is okay with agreeing to let the Account Manager take friends and family. i.e. the types of accounts where the relationship is strictly with the producer. I would not be trying to take the accounts that were referred by current clients or through business paid networking groups and marketing campaigns. Strictly the family and close friend accounts.