Whether or not you believe headlines about the housing market’s current run coming to an end, it’s always a good idea for REALTORS® to be taking steps to ensure they’re on solid financial footing. A bull market may even be the ideal time for you to be aggressive with savings and retirement plans.
Texas REALTOR® magazine talked with instructors and financial planners about steps REALTORS® can take while the market is hot to prepare for a future downturn, including:
- Taking steps now to learn a new specialty
- Testing new lead generation sources
- Creating a financial cushion
- Saving tax-efficiently for your retirement.