Prudential Verani Realty now offers full health and dental benefits, individualized 401k retirement plan options, short term and long term disability insurance, and a profit sharing program to its agents.
Realtors of Prudential Verani have the opportunity to join Prudential’s exclusive DreamBuilder® Agent Benefits Program. This newly introduced program brings real estate agents the comprehensive benefits typical of large corporations. It helps you build your retirement income tax-deferred with flexibility and trusted financial advice offered by Prudential.
DreamBuilder® also includes medical, dental and disability insurance; Verani real estate agents now receive comprehensive benefits while maintaining their independent contractor status.
Join this growing real estate company now: enjoy these benefits at Verani Realty.
Investment plan:
This is an individualized 401(k) program with several investment choices. The program was set up for real estate professionals to allow, by law, a greater contribution of their net annual profits than many other 401(k) programs allow.
Each agent can set up the account to match their individual needs and make changes in the contribution amount.
Benefits:
Keep more of your earnings, contribute up to $40,000 per year to your individual 401k plan.
Retirement contributions reduce your current taxable income. This allows realtors to defer taxes on commissions earned.
Build a “nest egg” for retirement by regular contributions.
Withdrawals from 401k plans are taxed at your future tax rate.
The retirement account is totally mobile, and follows you without penalty, if you decide to leave the company.
The plan also allows agents to borrow against plan assets to meet emergencies, offers direct access to financial advisors and unrestricted investment choices to work towards the realtor’s financial and retirement goals.
Fill out the inquiry form now to find out why you should work at Prudential Verani.
Health benefits:
DreamBuilder® Agent Benefits Program also offers group rates for:
- Major medical insurance with competitive plans.
- Limited medical coverage with no preexisting conditions.
- Dental insurance plans.
- Short term disability insurance.
- Long term disability insurance.
By pooling realtors with younger age groups, savings of $300-400 per month are expected relative to typical family health insurance rates currently available to agents as independent contractors.
Sign up now to get much needed health and dental coverage for you family!
Profit sharing plan:
In the current real estate market, most agents have seen a declining income, which would limit their ability to fund a retirement or health insurance account.
To provide agents with extra income, Prudential Verani is introducing the TeamBuilder ™ profit sharing plan. This program creates residual revenue for Verani agents by rewarding them for building a larger team.
The total payout accumulates with the number of sponsored team members. Creating a larger, rock-solid team is beneficial to every agent. Having a close and trusted group of peers creates valuable networking resources and now financial perks as well.
The TeamBuilder ™ is not a complicated, multilevel, trickle down, profit share program, nor is it dependent on office profit.
During the pilot run at a Prudential brokerage, the average passive income generated with this program was $5,271 annually, per sponsoring agent. They had two agents who exceeded $25,000 in TeamBuilder ™ money alone in 2006, with several more earning between $8,000 to $10,000.
Agents retain their accumulated residual income while they are actively licensed with Prudential Verani Realty or the American Broker’s Network. Bonuses are paid quarterly.
Inquire now to learn more about the benefits and financial rewards of working at Prudential Verani Realty. Call 603-845-2121.