Realtors you could be doing it Better!
Christopher (Chris) D. Karalis
Personal Loans / Debt Settlement IAPDA Certification CDS - Certified Debt Specialist
So, you just made it through one of the "GREATEST REAL ESTATE TIMES" in modern history, and my question for you is, how much of your earnings is going to collect you an income for the rest of your life? For the majority of Real Estate professionals, the answer is usually nothing.
Friends, there is a simple solution that works in every case, NO, it's not becoming a landlord NO, it's not buying bitcoin and NO its not flipping either. It's simple, it can be cheap, and it works!
I'm talking about Annuities. What is an Annuity you ask? An annuity is a?True Retirement Financial Tool, that is incredibly suited for the Real Estate and Mortgage Industry commission structure. So how do Annuities work? Annuities are contracts between you and an insurance company, rather than with banks or investment companies (you are supplying them with monies they can loan out). You can buy an annuity in two ways: either by making a lump-sum payment to the insurance company or by paying into it regularly (say once a month or like with every real estate transaction).
Now, let's talk Real Estate and how Realtors can do it better! Imagine you closed a 500K deal at 2.5% and you are on a 90% split. That will give you a check roughly $11,250 minus a transaction coordinator fee, so let's just say $10,500 for sake of argument. On $10.500, if you took out $500 (which is tax-deferred and just 5% of your earnings) and put in an Annuity, so, what have you done? You have literally just built the foundation for a lifetime of income, it's that easy. Now imagine you did this on your last 20 transactions or even better yet, you do this on every transaction moving forward during your career! Annuities are currently building interest anywhere from 5.2% - 10.5% and over time you could be looking at a substantial guaranteed life of income from just a small amount every month or transaction.
If you would like more information on how Annuities work and see an illustration on how much you can make over time for free, Give me a call. I'm Chris Karalis 949-306-4030
A year from now you will have wished you stared today! Call Chris Karalis 949-306-4030 #annuities #income4life #retirement #retirementplan #realtor #realestate #aaalifeinsurance #terminsurance #wholelifeinsurance
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