Selling your authority and LLC is easy.

Discussion in 'Ask An Owner Operator' started by Mattflat362, Oct 26, 2023.

  1. Mattflat362

    Mattflat362 Road Train Member

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    LMAO!!! The mystery must continue!

    I'll PM you!
     
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  3. Rideandrepair

    Rideandrepair Road Train Member

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    That’s the decent thing to do. I’ve heard some stories, some hard to believe. You’re the first to give me an answer. I really appreciate it.
     
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  4. Tropsnart

    Tropsnart Road Train Member

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    PM me as well if you wouldn't mind. I started in 2005, time for a change.
     
  5. Mattflat362

    Mattflat362 Road Train Member

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    Ahg I'll just ruin the mystery here!

    I sold my LLC/MC/DOT for 5k. It was 10 years old and spotless.

    In hindsight I feel I could have went 7k with no wait.

    In my case IF I ever were to return to O/O/carrier I would just start a new one and work with former brokers that have become friends of mine.

    But that will probably never ever happen!
     
  6. Mattflat362

    Mattflat362 Road Train Member

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    Some other terms to familiarize yourself with will be "3 year loss run" and "AOR" form.

    The 3 year loss run will be requested by you the seller from your insurance agent. It simply shows any claims you have made against your policy which in my case was a big fat zero.

    The AOR form will be requested by the buyers insurance agent. It stands for agent of record change.
     
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  7. Mattflat362

    Mattflat362 Road Train Member

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    Ignore post #9 it does not seem to come into play. I wish I could delete it but it won't let me.
     
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  8. Mattflat362

    Mattflat362 Road Train Member

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    How are these guys selling "aged" authorities? It takes more than just "2 years". What about roadside inspections? How do you insure a new "incubated" authority without having a truck attached to it?

    Literally any of us could do this then! It is only 600 bucks to fire up a new authority? I could fire up 10 by the end of the week. (or at least get the ball rolling!)

    AGED MC WITH AMAZON

    They have "2000+ satisfied clients".
     
    Last edited: Jan 15, 2024
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  9. Mattflat362

    Mattflat362 Road Train Member

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    And it seems I clearly sold mine WAY to cheap!!! I never saw that page ^^ before today!
     
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  10. Iamoverit

    Iamoverit Road Train Member

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    Not a chance in hell they're selling an aged or any other authority for 30k-60k to haul cheap Amazon trash. I mean, they can put any price they want on it but it doesn't mean it's going to sell.

    Much like these clueless morons trying to sell 1500 dollar cars for 5k. Nobody is paying those numbers. Just look at eBay's completed listings. They never sell.
     
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  11. Mattflat362

    Mattflat362 Road Train Member

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    Every single name and face on that page screams scammer Chicago to me.....but it shows them as based in Allentown, PA at the bottom of the page.

    I call BS! And WOW if anyone is paying that to run Amazon loads!

    I have a very very good friend doing power only for them and he is constantly having to fight them and they are constantly changing loads after he accepts them.

    Makes me MISS BROKERS!
     
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