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?

I am sure your father has a big client _base_ to reckon with. Yes, you will be happy to know that he can actually retire and earn a pension!! There are referral services to help out people like him. They will kind of buy out or make use of the client data_base_ and have him as a key referral agent. He will have the liberty to choose his team of active field agents, who will be attached to him. Such services are easily available on the internet. One such site that I recommend is www.MyGreenParachute.com. They will take care of everything and your father will earn referral fees as a referral agent. He can also sign up on their blog site www.JoinMGP.com for exchange of ideas in the real estate business.

Jamesadil wrote:
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.

Hi folks,

I don't have enough knowledge about real estate but I'm quite interested to invest in it. Is it the best way to invest money?