Retirement solutions for real estate agents

[harosine]

My father has been a real estate broker for all his life. In all these years he has earned himself a good reputation and goodwill of a huge client base. As he nears retiring age, he does not want to give up his work for fear of no income. Is there any way out by which he can use his goodwill in the trade to continue earning without being actively involved in the business?

[clintonbaisley]

Real estate agents and bent property lawyers are just about the most hated and revilled people on earth and with good reason...... do not under any circumstances invest one cent until you know what you are doing these guys will take you to the cleaners.

[george29]

Originally Posted by harosine My father has been a real estate broker for all his life. In all these years he has earned himself a good reputation and goodwill of a huge client base. As he nears retiring age, he does not want to give up his work for fear of no income. Is there any way out by which he can use his goodwill in the trade to continue earning without being actively involved in the business?

Hi,

Your father has been working as a real estate broker so I think investment in real estate is a good option for him as he is already well experienced in this field. I'm also professional real estate buyers agent and I also personally believe that real estate is the best option long term investment option to generate good profit.