Whether you are new in real estate or seasoned with the desire to have several more productive years, you have opportunities to boost your business in 2019. According to the latest figures from NAR, the median age of REALTORS® is moving downward; while at first glance one might presume this is due to more and more agents retiring from real estate, this is as much an indication of younger agents entering in the business as it is of older agents retiring. Recent NAR statistics place the median age of a Realtor at 53 years, with an increase in agents under 30 entering the business. There is … [Read more...]
Transitioning Your Real Estate Business Into Retirement Takes Planning – Part One
Succession Planning - Transitioning Your Real Estate Business Succession planning is an eventuality every successful real estate agent will face if they wish to capitalize on the value of their book of business and help assure their clientele are well taken care of in the future. A successful transition out of real estate will provide an agent with residual income while having peace of mind that their clients were placed in good hands. Susan, a highly successful agent with nearly thirty years in the business of real estate, was faced with planning for her retirement. When Susan … [Read more...]
