Retirement for Real Estate Agents

By
Real Estate Agent with Keller Williams Realty

You have had a wonderful career as a real estate agent. You love your work, but are starting to think about what it would be like to retire. It's easy to notice those in their fifties and sixties who have worked a corporate, state or government job and are retiring with pensions and 401K's that were matched by their companies. Not so for real estate agents.  With the economy as such, working for years to come may be a reality for many. 

 

Selling your business may be an option. Creating a plan and working with a junior agent when you are a year or two  from retirement will make for a smooth transition. According to an Inman News article by Gill South reporting on the results of  a survey sent to 443 agents, 34 percent said they would keep their book of business and sell referrals, while 31 percent said they did not have a plan for their client database and 11 percent planned to sell their business.

 

Affiliating with a real estate company that has a profit sharing plan can also help bring in income in retirement. Keller Wiliams has a profit share system that is outstanding. You can build retirement savings from helping the company to grow. The money you receive is a portion of the profit from the market center.  The profit share you accumulate will continue to pay dividends into your retirement. If you choose, you can continue to accumulate profit while you are retired. It is real. I am receiving passive income $$ from profit share. You can too

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Tags:
retirement
realestate
realestateagents
realestatejobs
rgealestatecareer
realestateretirement
kellerwilliamscareer

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,983,683
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

At this point I do not plan on retirement until I am such older

May 30, 2017 11:14 AM #1
Rainmaker
168,539
Donna Quinlan
Keller Williams Realty - Newburyport, MA
Keller Williams Real Estate Agent Career Consultan

A nice thing about real estate as you can work as long as you like. It is your deciseion. 

May 30, 2017 01:19 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
168,539

Donna Quinlan

Keller Williams Real Estate Agent Career Consultan
Ask me a question
*
*
*
*
Spam prevention