Jason Hultgren gave me a copy of the MBAG Gold Award List that SEM participated in for the first time in our history thanks to J. D. Crowe's support. A great group of mortgage professionals with huge volumes that consistently earn this recognition year after year. Other than a wonderful MBAG award, are these talented Originators awarded stock in their company or made a Member of their Company's LLC Operating agreement?
I always ask myself, do they share in the wealth they build for their owners?
Ask yourself these questions:
1. Do you have a path to retire that includes equity in the company you help create? If you can only rely on what you save from your 30 - 120 bps per deal, you need to re-think how you will retire.
2. Have you worked hard only to start over again when your company sold or left your market? Did they cut you a check when they sold?
3. If you do not act now to explore a path to retire, what will you do if mortgage delivery channels change before you have saved enough? The company will benefit but will technology reduce your compensation?
I admire loyalty and friendship (SEM has the longest tenure and tenure of key people in the industry thanks to a Village view of loyalty); however, it is a two way street. Solidify your family's future longer than a month out.
I would love to see a section in the MBAG Gold Award Brochure that lists the latest retirees and celebrate Careers Done Well.... Everyone has a finite time and a finite market to originate. Need to plan today!
Call 770-279-0222 ask for Shaun Graham or Kim Thompson or Jason Hultgren