All posts by nkrautter

Your Financial IQ and The Golden Handoff

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Your Financial IQ is a way to measure how you deal with money and investing. In real estate we are all mostly on our own until now. The NAR Financial Wellness Program is here to help.

I was interviewed recently for Realtor Magazine and it’s worth the read! Read Here

Here are some bullet points:

  1. Make more money than you need for today
  2. Set up your business to save on taxes
  3. Save money to pay taxes, expenses, and have a rainy day fund
  4. Once you have a rainy day fund for 6 months of expenses start investing and make it the first thing you pay for each month, then pay yourself
  5. Grow your investments
  6. When you’re ready to retire or scale back use The Golden Handoff to make money from your book of business with an Adopting Agent

What is my business worth? New Calculator now available

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I’ve just launched a new interactive calculator that shows you what your business might be worth!

Based on the principles in my book The Golden Handoff the calculator automates the math I use in the “Money” chapter.  All you need to know is the average commission and the number of repeat and referral transactions per year. With just those two pieces of info you can see what your business could net you when you sell and retire and also what you could gross if you adopt a business.

Feel free to share this with any agent you’d love to work with!

Calculator

 

-Nick

NAR Special Offer

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I have some new goodies for you and some exciting news on the “What is my business worth?” Calculator coming soon!  You’ll be able to see what the value is when you sell or buy a business. I want to also offer you the same specials as I am this week at the NAR Convention.

Come see me live: 

 Location: Boston Convention and Exhibition Center, Room 103, Level 1 – West

https://www.conference.realtor/event/how-to-buy-and-sell-an-agents-business/

Adopting Agents:

$100: Ten Books—Free shipping in US

$750: Fifty Books—Free shipping in US. AND… Custom live webinar with Q+A

Email me to place an order: Nick@GoldenHandoff.com

 

Retiring Agents:

Free Business Value Estimate—Sign up to get access to the Calculator worksheet.

 

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The Golden Handoff with Nick Krautter

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Keller Williams Realty Phoenix is hosting a Golden Handoff class led by none other than Nick Krautter, the man behind the plan.
This will be a great opportunity for those thinking of retiring and those looking to build their client base to learn more about how to negotiate a successful handoff. Nick will go in depth on the particulars and answer any questions you might have. See the events page for more information and to register to attend the class or click here.

Golden Handoff wins National Book Award

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The Golden Handoff: How to Buy and Sell a Real Estate Agents Business just took the bronze in a national book competition!

From the press release:

“The National Association of Real Estate Editors (NAREE) has named the winners of the Ninth Annual Robert Bruss Real Estate Book Competition. The awards recognize excellence in books published in 2015 covering the broad field of real estate.

NAREE’s Bruss Book Awards program is named for the late Robert Bruss, syndicated real estate columnist, prolific writer and a longtime NAREE leader. Bruss, who died in 2007, frequently wrote reviews of realty books. The Bruss Book Awards are sponsored by NAREE past presidents Leigh Robinson, founder of the Express Publishing/author of “Landlording,” and Brad Inman, founder of Inman News and Vook. NAREE, a nonprofit association of writers, editors and journalists, was founded in 1929.”NAREE Awards