Tuesday, November 6, 2018

Weighing the Pros and Cons of Offering Real Estate As An Employee Benefit

REEBpros

You can build an employee benefits package that will make your team happy and help you keep the best of the best motivated and loyal employees. Along with the usual offers like health care and vacation time, you can now offer a real estate perk to your workforce at no cost to the business.

PROS

There are several reasons that real estate services as a company benefit is a great idea. Our goal is to not only help your personnel buy and sell real estate, but we also want to support your company with a program designed to entice good people to take a position in your business. The millennials of the 21st century are optimistic visionaries who won’t think twice about relocating for a fresh start with the right employer. First-class benefits packages are encouraging lures for the ambitious millennial generation just stepping out into life and building a career.

  • Entice reliable people into your employ.
  • Keep good people who are happily employed by you.
  • Compensate your devoted crew with help for their property-owning endeavors.

CONS

Not all new recruits or the workforce who are in place will feel like the benefits package you offer is enough. Some people are never happy and don’t consider the costs of some employee benefits to the business. Though, there are only a handful of reasons that your team may not be interested in the realty package.

  • They are in a hurry to buy but have not saved up a down payment (we can handles this with our financial planner partners).
  • They are not interested in buying a home and would rather rent (this is exactly why we should meet).
  • They are the type who may be wandering and not ready to commit (we get it...gotta have some fun first).

A real estate benefit plan such as the one offered here is virtually free for employers, and there is no administration or extra HR time or costs to your company. If you make this benefit happen for members of your organization, there will be many who use it to their advantage. Without our professional guidance, some might never realize that investing in a home is a wise decision. Young millennials are enthusiastic people. With our employee benefits plan, we are here for first time home buyers and for those who want to upgrade to a larger house or downsize to a smaller one. We also have assistance plans for renters and those wanting to sell a house.

Entice the best recruits and keep the good staff you already have in place.

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