Michael J. Perry, Lancaster, PA   Relo Specialist (KW Elite )

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Rainmaker
1,394,608
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

No, but I do think of making it a salable business.

Jan 23, 2023 06:52 PM
Rainmaker
2,083,409
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

What Agents have already discovered is that buying other Agents Databases produces Minimal Results . It takes a a longer term partnership to Max the income potential of that purchase !!

Jan 24, 2023 08:48 AM
Rainmaker
4,722,072
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

As a sales manager, when it was over, it was over! Some of my agents worked out a referral deal that declined over time.

Jan 24, 2023 04:18 AM
Rainmaker
5,489,966
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I think I have commented on your posts, and yes, have an agent that will take my clients over (with a referral) when I eventually go more retired.

Jan 24, 2023 05:28 AM
Rainmaker
862,152
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think my business will probably retire with me.

Jan 24, 2023 05:16 AM
Rainmaker
7,234,935
Roy Kelley
Retired - Gaithersburg, MD

I did not have anyone to take over my practice so I just closed up.

Jan 24, 2023 04:22 AM
Rainmaker
1,031,122
Peter Mohylsky
PMI. Destin - Miramar Beach, FL

I can't find part 1.  but my thoughts on two are positive.  It is tough to find an agent who probably wants to work as hard as you.  Its all in the numbers as everyone outside the industry thinks it is easy money.  then they get a license.   

Jan 23, 2023 06:07 PM
Rainmaker
4,665,704
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nope... when I'm done, I'll be done.

Jan 24, 2023 10:52 AM
Ambassador
5,909,872
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, at this stage, legacy is what it is about.

Jan 23, 2023 09:05 PM
Rainmaker
717,651
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I have throughout my career.  I thought a database would have value but have determined that it doesn't have any value.  That's why we have invested in income producing properties.  This with pensions and social security will get us through.

Feb 02, 2023 08:05 AM
Rainmaker
412,790
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

I'm lucky. My daughter will take over my business. But she will also be raising young children when I hit retirement age. She told me she's not going to let me retire. 

Jan 24, 2023 07:21 PM
Rainmaker
2,711,439
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Some business establish a "book" or steady clientele and as such value is established allowing one to ask for "goodwill" when selling a business. Retail operates more that way then a Real Estate business. Just random thinking

Jan 24, 2023 06:52 AM