Roadmap to retirement
Whether you're a business owner with a few employees, an entrepreneur or working a traditional 9 to 5, make retirement planning a priority now. Use these strategies to get you in the fast retirement!
1. Define your goals
Write out what you want to accomplish financially in retirement, here's a few examples
- Increase wealth through investments
- Improve lifestyle
- Not running out of money
2. Calculate Expenses
You will still need to live! List out your expenses, including:
- Living Expenses
- Debt payments
- Insurance/Healthcare
- Taxes
- Hobbies/Travel
- Children/Grandchildren
3. Create your plan
Determine how many ear you have to accomplish your goals. Create your retirement budget that includes income and expenses. Be sure to:
- Factor in non-environment income like social security, pensions and real estate holdings.
- Estimate investment income
Buyer Transaction checklist
- Prepare offer
- Buyer signs agency disclosure and purchasing agreement
- Open escrow account (deposit earnest money, etc.)
- Inspect property
- Order appraisal
- Email home insurance contact into to buyer to obtain quote and setup with Escrow
- Confirm closing date
- Disclosures completed
- Perform final walkthrough
- Final load documents signed - note and trust deed for loan
- Close escrow
Top tips for unexpected extras
Here some things top producing agents do for their buyers and sellers
For buyers
- for a home inspection, bring donuts for the morning or pizza for lunch - because people get hungry.
- After inspection and repairs are agreed to give buyers some moving boxes and tape
- When the house closes, gift wrap the front door
- Bring a homemade dinner to buyers on move-in daily
- a month after closing, contact buyers with the following offer. " Now that the dust has settled, we'd like to treat you to a home cleaning so you can really enjoy the place.
For sellers
- On moving day, bring pizza.
- if the sellers have young kids, give them the "The Berenstain Bears" moving day
- For sellers moving out of the area, bring them a travel kit with their favorite snacks, drinks and pet treats
- When the house closes, put a ribbon on the door (for the new buyer)
- Six months after closing tell them "we hope you're loving your new home - when's a good time for window cleaner to stop by and wash all your windows - on us?!"
Essentials of a successful listing presentation
Its essential to conduct a exceptional conduct an exceptional listing presentation to show your seller that you are the right person for the job! Follow these three steps to showcase your expertise.
1. Preparation
The most important thing you can do to ensure a successful listing appointment is to have a pre- listing phone conversation with the seller. The purpose is to build apart with the seller and find out some key information by asking questions:
2. Listing appointment
At the beginning of the listing appointment tell the seller what you plan to go over with them
3. Before you leave: Ask for the listing
Even if they need a few days to think it over, make sure you ask them directly for their thoughts
While still in the driveway, write them a personal note to thank them for their time and the opportunity to meet them. Be sure to include your business card with the note and leave it on their doorstep. Follow up with a call in the next few days if you haven't heard back.
Watch the video and find out more!