6,006,148
I have a pretty good database, and eventually will work out a plan for a percentage of business that will continue. Of course I will keep my license active. Investments made properly will provide a good living.
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John McCormack, CRS
Albuquerque, NM
-
Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
-
Lise Howe
Washington, DC
637,534
Real estate is my lifestyle, so I don't plan on "exiting" it.
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Nina Hollander, Broker
Charlotte, NC
-
Noah Seidenberg
Evanston, IL
-
Lise Howe
Washington, DC
280,599
I just hired him. And he just sold his first house!
-
Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
-
Lise Howe
Washington, DC
933,268
Death. Try to stay healthy and work as long as possible. Avoid assisted living.
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Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
-
Lise Howe
Washington, DC
3,986,473
Work until I die
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Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
-
Lise Howe
Washington, DC
2,849,068
Be expense free completely and then cruise into the end times
-
Nina Hollander, Broker
Charlotte, NC
-
Lise Howe
Washington, DC
-
Richie Alan Naggar
Riverside, CA
1,677,946
Debbie and I have a financial adviser that has us scheduled to retire. We can dream ..... Right?
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Joan Cox
Denver, CO
-
John McCormack, CRS
Albuquerque, NM
5,313,845
In a box, feet first.
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John McCormack, CRS
Albuquerque, NM
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Joan Cox
Denver, CO
3,627,422
Good morning Val. today I started following you so post often. I have no exit strategy, that is until they place me in the ground.
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Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
1,262,552
Leaving us already? I thought we are together for life......
Check into same nursing home talk about good old days.
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Nina Hollander, Broker
Charlotte, NC
-
Brenda J. Andrew
Willis, TX
3,763,935
Over the years, I've been to a lot of memorial services for Realtors in this area. But not one single retirement party!
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Nina Hollander, Broker
Charlotte, NC
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Brenda J. Andrew
Willis, TX
617,985
Val,
I own my boutique brokerage which includes commercial and residential. I have trained an excellent broker associate who is younger than me so I hope to slowly coast out and let her carry more and more of the business.
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Nina Hollander, Broker
Charlotte, NC
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Lise Howe
Washington, DC
80,653
I have always invested in rental real estate. I like to buy, not sell.
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Brenda J. Andrew
Willis, TX
3,988,138
I am not ready to retire but starting planning for retirement about 30 years ago. Everything is in order but I will continue as long as I am enjoying what I am doing.
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Nina Hollander, Broker
Charlotte, NC
2,443,346
My exit strategy is, someday I will die. When I do I will quit working real estate. Larry will step into Broker position if I go first and I have two agents who I am grooming to take over.
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Nina Hollander, Broker
Charlotte, NC
2,444,981
proft share, a great buyer agent to take over for me, and some investment properties
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Nina Hollander, Broker
Charlotte, NC
564,776
I have a long time before retirement, but I have 401K savings and other savings that I started in my late 20's. If I get married, may rent out my place, too...and will have a very nice asset based on where I live.
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Lise Howe
Washington, DC
1,713,581
Have enough passive income to not work now. Have a plan to sell the business in 5 years.
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Inna Ivchenko
Encino, CA
1,618,024
4,322,035
Val Evans so far, I'd admit - none.
And it's a good idea to think in that direction.
Thanks for your question.
979,796
Val - I do have plans to purchase more rental properties, and possibly getting my brokers license. However, I hope to be helping people buy, sell, and invest in real estate until the day I die. I don't really want an exit plan.
6,689,876
I am working hard at training a staff of people who can take over this ship someday soon.
4,739,220
I think the exit is through the revolving door next to the cosmetics counter. Housewares in the basement, fine jewelry in the corner, lingerie on the third floor.
3,074,389
My best answer is - that's what this month is for determining. I wrote a blog post yesterday that explains why.
1,513,143
As I did retire at 55 it was becoming a boring life.
My Father always told me it wouldn't last and I would exit out working somewhere!
4,434,227
5,116,842
552,229
I always hear about people taking retirement, but don't see myself completely retiring. We have several investment properties and are still continueing to purchase for rental income, we also have stock portfolio's. The rental income will be enough to keep us sustained, as long as we don't have a down market or too many repairs. Still working on minimizing some outstanding debt but mostly have everything paid.
274,109
1,772,017
1,650,542
I do not have my own team, so I can not sell my business(yet?). But I'm very happy with a first choice: investment.
1,525,616
I plan to ease out of the business over the next couple of years so I can do more traveling.
634,582
I enjoy work and may be happy to keep at it until I die. But in my other job as a financial and business consultant I counsel clients to have an good financial plan. Mine includes my second business (consulting), a diversified portfolio of stocks and some real estate, and an "emergency fund" of easily-liquidated assets to carry over 6 months.