While college graduates have a bright future to look forward to, lingering student loan debt can serve as a real damper. Paying off debt early is key in this case, and the team at EXIT Realty Upper Midwest can help you do just that. Their innovative residual system allows you to boost income as a recent grad pursuing a real estate career, which makes it easier to pay down loans at a faster rate. 

Why It Makes Sense to Pay Student Loans Early

Along with the principal loan amount, student loans also incur interest. The longer it takes to pay back the loan, the more interest you’re going to pay. This money would be better used elsewhere. For instance, interest payments could be invested and help you build a nest egg for the purchase of a home or vehicle. 

A high debt-to-income ratio also affects your ability to acquire loans and can affect financial stability in the future. Even if you have a stable career right now, consider what might happen if you were laid off. While other types of debt can be written off with bankruptcy, in most cases student loan debt cannot. That means this debt will follow you until the loan has been paid off. 

How EXIT Realty Can Help

A career in real estate offers a fast-paced work environment and financial stability. When working with the team at EXIT Realty, you receive an added benefit. They offered a tiered residual program, where you are rewarded for bringing other successful individuals into the fold.

The concept is simple. When you recruit a salesperson, you receive a bonus that is equal to 10% of this person’s gross commission. You continue to receive this bonus as long as your recruit continues earning sales. If the person retires, the bonus is converted to a 7% residual payment. Additionally, you’ll receive bonuses for every salesperson your sponsor. 

EXIT Realty Upper Midwest allows you to jumpstart your real estate career and pay down your burdensome debt. EXIT Realty is already noted for giving $250 million to employees and their loved ones, with many more residual payouts to come. They have locations throughout the country, including Iowa, Minnesota, and South Dakota. If you’d like to become a real estate agent, call (651) 505-357 for more information. Learn more about their generous residuals system on their website.