Most REALTORS® work on a commission-only basis, which can make managing personal and business budgets a challenge. This is especially the case during sporadic periods when income staggers for weeks or even months between paydays. Real estate agents who plan for the future with each commission check they receive will be well-positioned to weather these and many other storms, many of which may not even be on the radar screen.
Victoria Gillespie of REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, offers agents several tips on how to manage commission checks in a video interview entitled “Your Money Matters: Reserves.”
Access to affordable healthcare benefits is one of the most important concerns on American minds right now. One of the reasons is because several major reform provisions legislated under the Affordable Care Act will take effect Jan. 1, 2014. This may leave many REALTORS® wondering what their current comprehensive healthcare benefits cover, as well as lots of questions about the ACA and what options will be available to them now and in the year ahead.
REALTORS® Insurance Marketplace is a key resource that NAR members can turn to for assistance. The Marketplace is a one-stop online shopping site, providing NAR members with a full roster of health insurance plans and wellness products, including medical and dental insurance. It makes insurance easy to understand and convenient to buy. NAR has partnered with SASid (Smart and Simple insurance development), under the REALTOR Benefits® Program, to administer this offering, because they understand the mandates of the Affordable Care Act and the ongoing changes in health care reform. SASid’s team of licensed benefits specialists can help NAR members understand what they need to do, both now and moving into 2014, when the Affordable Care Act comes into play.
Membership does have its privileges. The National Association of REALTORS® Benefits Program was established to give REALTORS® value-added offers and savings on products and services, in addition to the brand recognition and trust that comes with the REALTOR® name. These benefits — for business and personal life — cover everything from new computer purchases and printing costs at FedEx to ongoing education and a vast library or real estate books and periodicals.