Tom Panos the other day on Facebook, posted something about Million Dollar Agents going broke with their expenses.

This is the answer.

More often than not, real estate agents don’t have an exit strategy with a solid plan to leave the industry in the best possible way, ensuring they have assets and income for a stress-free retirement.

They often overlook the future and focus all their energy on the present, concentrating on immediate transactions and commissions.

It’s crucial to consider how you want your life to look at retirement and to have a well-designed exit strategy that leads to a wealthy, stress-free retirement. After all, isn’t that what we all want and deserve? Failing to plan for retirement can result in stress, financial difficulties, and retiring later than expected.

But what do I mean by an exit strategy?

Many agents either don’t know what an exit strategy is or fail to think about how their life will be when they get older. Sometimes, when the time comes, it can feel like it’s too late to make any significant changes.

So, what do you want? How do you envision your life at sixty or seventy? Do you want to keep listing and selling until you’re ninety? It’s essential to plan now and work hard to shape your desired future.

Real estate is a fast-paced industry that demands our attention, often leading us to focus solely on immediate results. However, this approach can be a costly mistake.

To create a solid exit strategy, you need to decide where, when, how, and with whom you’ll plan it. There are many ways to do this, so choose whatever works best for you.

I’ll show you one option, and then I suggest that you develop a strategy tailored to your needs. This option or something else entirely—find what suits you.

Here’s one way you can create a solid exit strategy:

Don’t put your eggs all in one basket. Build multiple assets using different strategies.

Work on assets that will build yours and your family’s future.

With eXp you are able to build assets in 4 ways. It doesn’t matter when, where or how you start to build your assets. Just start. It’s never too early or too late to start.

Selling
You can obviously list and sell as much as you want to create an amazing income right now. The more you earn, the more you can invest in whatever you want.

Obtain equity in the company you work for.
When you own equity in the business, you will become more motivated to see that company thrive.

• eXp is a NASDAQ listed company that is owned and operated by real estate agents. By listing and selling within eXp Realty you can generate share gifts in a number of ways –
• When you make your first sale with eXp.
• Every year when you reach $100k GCI.
• If you introduce a someone to the company, you can also receive shares when they settle on their first sale.
• Every year the company will pay you $21,000 in shares when you bring in $100,000 GCI AND 20 settled sales
• OR $350,000 with 10 settled sales.

Shares are a long term strategy that is obviously not guaranteed to make money.

Property Management
Build an asset that you can sell by creating a property management portfolio. eXp offers unique and amazing opportunities to grow a rent roll in a way you may not have seen before. Let me know if you’re interested in finding out more.

Passive Income
Be paid for growing your existing company and be rewarded for helping others succeed. Passive income is a key factor in developing an exit strategy for real estate agents. While active income relies on active participation in transactions, passive income continues to flow even when you stop selling. By having a well-planned exit strategy that incorporates passive income streams, you’ll be able to live a financially free life, even when you’re not actively involved in real estate.

If you are interested in finding out more, please contact me at Lisa@LisaB.com.au

Join me and take a look at the company. If you like what you see, stay. If you don’t, there are no lock in contracts.

With eXp, you’ll experience a unique advantage compared to other brands. Unlike traditional companies that have a Business Development Manager (BDM), eXp doesn’t rely on that role. Instead, eXp Realty will reward you for assisting individuals in transitioning into the company. If you know someone who would appreciate this opportunity, eXp will compensate you for nurturing and guiding that person into the company.
Growing a team is an excellent long-term strategy within eXp Realty. By building and leading a team, you can generate sustained monthly passive income while also accumulating shares within the company. This provides you with additional avenues for wealth creation and strengthens your exit strategy for a successful retirement.

Set yourself and your family up to win in later life.

What I have shown you of course, doesn’t have to be with eXp.

Create a plan that can give you the retirement you desire.

If you would like to know more, please download eXp information booklet here
www.LisaB.com.au

Or contact me on Lisa@LisaB.com.au / 0412-210-558