MAP 075: Why Most Realtors Will Always Live Paycheck to Paycheck... and How to Fix It
Even though Realtors help buyers and sellers navigate the biggest financial transactions of their lives, the vast majority of Realtors still live commission check to commission check themselves. Despite the possibility of such large paydays, most Realtors still fully rely on closing the next deal in order to make a living. Even the most successful real estate agents, those with a nice buffer of cash in the bank, still have a huge vulnerability… if they ever stop showing homes and taking listings, their income disappears.
To be fair, this is not just an issue for us Realtors, but for all people in all industries. We as a society are terrible with money; more specifically, making certain decisions and putting systems in place now to ensure that we’re moving towards financial freedom. We think it's so much easier to just plan on that paycheck coming in, rather than laying the groundwork for multiple streams of income that do not rely on our own personal activities to generate income.
This week, we’ll talk about some very specific ways you can start building a nest egg, and working towards financial freedom. Specific, yet simple ways you can develop and implement a few extra streams of income *without* the need t start new, unrelated businesses or distracting you from what you’re currently doing as a real estate agent.
But before we get into the specifics, you must have one thing; an open mind and a willingness to admit that you don’t know everything, and that there may be something out there that is better than what you’re currently doing. Will you truly listen with an open mind? We're about to find out.
As mentioned in the episode, to take advantage of the 10% off promo for the Massive Agent Society before we switch to defining markets by zip code, use coupon code ZIP10 at checkout. The promo code expires at 11:59pm on June 6, 2019
Recommended Links:
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CLICK HERE to Learn how to build your real estate exit strategy and make more $ in less time at my free Freedom Blueprint webinar on October 2nd - www.massiveagentwebinar.com
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RESOURCES :
Ignite '24 Team Builder Summit in SLC - Oct 9 & 10 - GET TICKETS
Referral Network: Claim your market *exclusively* in the new Massive Agent Referral Network - CLICK HERE
REAL Broker - Learn how we can be business partners and build a business together @ ΓEA⅃ Broker- CLICK HERE
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SIGN UP HERE and if you list me, Dustin Brohm, as your sponsor when you sign up, we'll literally become business partners and I'll personally help you grow your real estate business!
Massive Agent Society: my Coaching program for real estate agents that I wish existed when I was starting out as a Realtor. Join the Society HERE
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