A Milestone for United Real Estate
United Real Estate has proudly achieved a significant milestone through its innovative Financial Wellness Program. Powered by Ramsey Solutions' SmartDollar, this initiative empowers agents to take control of their finances while preparing for a secure retirement. Over the past ten months, more than 1,356 affiliates have worked together to reduce their debts by an impressive $1.1 million and increase their savings by $1.7 million. This combined effort has led to a remarkable total financial impact of $2.8 million.
Anticipated Financial Gains
Looking ahead, the Financial Wellness Program is projected to generate an overall impact between $6 million and $8 million over the next 24 months. This optimistic outlook highlights United's commitment to enhancing the financial well-being of its agents, providing them with essential tools to build a more secure financial future.
Dedication to Agent Welfare
Phillip Cantrell, Executive Vice President of Strategy at United, expressed his pride in this initiative. He stated, "One of our core principles is to improve the lives of others. The tools offered at no charge to our affiliates align perfectly with this mission." With consumer debt in the U.S. nearing $18 trillion, United's contribution offers a vital step toward promoting financial literacy and reducing financial stress.
Transformative Results with SmartDollar
Bo Zivak, Director of Business Development at Benchmark Realty, shared his enthusiasm for the positive outcomes brought about by the SmartDollar initiative. He remarked, "Thanks to the savings and debt reduction, our agents are building pathways to long-term financial stability. The success stories are powerful endorsements of United Real Estate's commitment to the welfare and prosperity of its agents." Zivak emphasized how this program significantly assists agents in managing various expenses, from medical bills to credit card payments and mortgages, turning financial hurdles into chances for growth.
Extensive Financial Literacy Tools
United's Financial Wellness Program includes a wide range of resources aimed at enhancing financial literacy. At its heart is Ramsey Solutions' SmartDollar, known for its effectiveness in helping individuals manage their finances. Participants can utilize resources for budgeting and achieving their financial goals, accessing these tools on different digital devices, making financial planning simpler for busy professionals.
Highlights of the SmartDollar Program
Many agents are gravitating toward the SmartDollar Program for its unique benefits, which include:
- Financial Literacy Tools: Providing agents with the knowledge needed to take control of their financial well-being.
- Debt Reduction and Savings Growth: Agents have collectively eradicated $1.1 million in debt and saved $1.7 million as a community.
- Accessible Digital Resources: The program’s tools are accessible from any device, empowering agents to manage their finances anytime, anywhere.
- Proven Success: Employed by over 2,000 businesses worldwide, the program supports approximately 3.5 million employees.
United Real Estate’s Focus on Agent Wellness
United Real Estate is leading the way in enhancing both the professional and personal growth of its agents. By prioritizing financial literacy, the company stands out in the competitive real estate market, demonstrating a steadfast commitment to the overall well-being of its agents.
About United Real Estate
United Real Estate is an innovative division of United Real Estate Group, created to provide strong solutions for real estate brokers and agents in an ever-evolving industry. By offering cutting-edge training, marketing, and technology resources under a flat-fee, transaction-based commission model, United empowers agents to achieve exceptional results. Operating in 32 states with a network of over 21,000 agents, the company has successfully completed over 70,000 transactions, resulting in a sales volume of $27.8 billion in 2023.
Contact Information
If you have media inquiries, please reach out to:
April Gonzalez
Media & Investor Relations
Email: AGonzalez@UnitedRealEstate.com
Phone: 504-237-3500
Frequently Asked Questions
What is the Financial Wellness Program?
The Financial Wellness Program is an initiative from United Real Estate designed to help agents effectively manage their finances by eliminating debt and encouraging savings.
How much debt have participants eliminated?
So far, participants in the program have successfully eliminated a total of $1.1 million in debt.
What is the projected financial impact of the program?
It is expected that the program will generate a financial impact of between $6 million and $8 million for agents in the next 24 months.
Who created the SmartDollar program?
The SmartDollar program was developed by Ramsey Solutions, which is well-known for its effective financial wellness programs.
How can agents access the program?
Agents can access the SmartDollar tools provided by United Real Estate, which are available at no cost to its affiliates.
