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.

The Golden Handoff NAREE Bronze Award

Nick Krautter Talks Real Estate on the Team Lally Radio Show

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Nick Krautter is a Principal Broker in Oregon, Keller Williams and also the owner of SellPDX Central where he leads a team of real estate agents. Nick is a graduate of San Francisco State University, College of Business. He is the author of the best selling book “The Golden Handoff” which debuted at number one under mergers and acquisition and won Bronze Award of the NAREE Robert Bruss Real Estate Book Awards. The Golden Handoff is about how one can grow his business through buying and selling a Real Estate agents business. Nick was also a song writer and guitarist of “El Salvador” (Mighty Cascades). Not only is he a respectable personality in the Realty Business world, he is also a talented musical artist.

 

View the original post on Team Lally’s site here.

About Team Lally:

Team Lally is a real estate company located in the state of Hawaii. Their team is ranked in the top five in the state. You can listen listen to other Team Lally radio episodes here.