Retiring Agents looking for Exit Strategies
April 6, 2008
In one Louisville RE/MAX real estate firm, the average age of the 120 agents is 55 years old. This is typical of many brokerages who have many of their agents over 60 years of age. These experienced agents are not being replaced by near as many younger agents. They have built up solid books of business over the years and are now starting to need exit strategies that will provide them passive income into the future.
A growing trend is to try to pair agents up into a mentoring relationship with younger professionals who not only can assist with technology and the latest techniques in building more business, but who can provide the agent nearing retirement with more time off and a better quality of life.Crime Fiction ipod
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