Corr Values Season 2, Ep. 3 | Succession Planning 101 with Tricia Riberto
Whether you’re a seasoned agent or new to the business, it’s never too early to start thinking about succession planning. In this episode of Corr Values, Amy Corr is joined by Tricia Riberto, VP of Brokerage Services for @properties Christie’s International Real Estate in the western suburbs, to break down what succession planning looks like in real estate — and why it’s not the same as retirement.
You’ll Learn:
-What succession planning really means for agents
-When to start thinking about it
-How to know if it’s the right strategy for you
-What separates a successful business from one that’s truly transferable
-How @properties can support agents through the process
Episode Breakdown:
00:00 Intro
01:27 State of the market check-in
04:10 What succession planning in real estate entails
07:02 Who succession planning is (and isn’t) for
10:32 What to consider when developing a succession plan
17:15 Timing the transition
20:18 Financial considerations for the agent buying the business
23:48 First steps if you’re curious about succession planning
25:27 Rapid Fire: Tricia Tells All
Like What You Heard?
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/ @corrvalues-realestate-reallife
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New episodes drop every other Wednesday.
Connect with Amy Corr:
Instagram: / amyjcorr
LinkedIn: / amycorrrealestate
Facebook: https://www.facebook.com/profile.php?...
Website: https://www.amycorr.com
Links & Mentions:
https://www.atproperties.com/
Tricia Riberto on LinkedIn: / triciariberto