REOLI
Real Estate Owned Life Insurance
Reward. Retain. Recruit.
The Wealth Builder Program gives your top-producing agents tax-advantaged retirement income, without raising commission splits or draining your agency’s operating cash.
W-2 and 1099 agents eligible
Start with a 5% deferral
Built for real estate
Matching split offers erodes your margins, and it rarely buys loyalty for long. The Wealth Builder Program gives agents something a competing brokerage can’t match: a retirement benefit that grows and rewards them the longer they stay.
NQP Consulting designs customized nonqualified benefit plans for real estate agencies. The plans are funded with agency-owned life insurance, which is where REOLI gets its name. The same funding strategy used by corporations (COLI) and financial institutions (BOLI) for over 40 years.
How it works
One program. Two complementary plans.
Agents build their own benefit through deferrals. Your agency layers a supplemental benefit on top, with vesting that rewards loyalty.
The agent contributes
Deferred Compensation Plan
Similar to a 401(k) plan. Eligible agents elect to defer part of their compensation on a pre-tax basis.
Rate of return is tied to the annual performance of the S&P 500 with a floor and cap.
Agent is 100% vested in deferrals and growth.
Builds an account balance for future income.
The agency adds
Supplemental Plan
An agency-sponsored supplemental benefit for agents who participate in the deferral plan.
Flexible plan design options to best meet the objectives of the agency.
Vesting schedule incentives and rewards loyal agents.
Family protection provisions for your agents.
How the plan is funded
Three premium sources. One coordinated strategy.
Your agency owns high cash value indexed universal life (IUL) policies on participating agents and is the policy beneficiary. These policies help support the benefits promised in the plan agreements. It's the same structure used by corporations and banks for their key employees and executives for over 40 years.
Source 1
Participant deferrals
The portion of compensation each agent elects to defer helps pay policy premiums.
Source 2
Net death benefits
Available proceeds from insured participants are recycled into the plan after required benefit payments.
Source 3
Premium financing
If needed, loans help cover funding gaps. Death benefit proceeds repay the loans.
HIGH CASH VALUE IUL
Tax-deferred cash value with index-based interest crediting, subject to policy floors and caps. Caps may change, and policy charges still apply. The funding mix reflects your group’s size, ages and compensation.
For agency owners
Flexibility for you.
A reason for agents to stay.
Reward top producers
Recognize the agents who drive your results with a meaningful long-term benefit instead of a richer split.
Recruit with a real differentiator
Stand out with a benefit beyond commission splits, bonuses and a standard 401(k) plan, and compete for hard-to-find talent.
Protect operating cash
Plans can be implemented with no cash out-flow from operations. Policy cash value is an asset on the balance sheet, and benefit payments are deductible expenses by the agency.
Customize your own benefit
An owner supplemental plan can be designed separately from the agent plan to reflect your own goals. Available surplus may support future owner distributions after plan obligations are met.
Support your Agency Objectives
Organic Growth
The Wealth Builder program has proven to increase retention and recruitment of top talent that drives meaningful growth.
Acquisitive Growth
The Wealth Builder program can help facilitate acquisitions in an extremely cost-effective manner.
Succession Planning
The Wealth Builder program Increases the value of the agency to a prospective buyer.
For your agents
What your agents receive
A retirement benefit most independent agents never get offered, available to W-2 employees and 1099 agents alike.
Pre-tax deferrals
Agents elect to defer at least 5% of their compensation on a pre-tax basis. Indexed crediting grows tax-deferred for future income.
Supplemental plan
Adds agency-sponsored income for deferral participants, with a vesting schedule to incentives and reward loyalty with the agency.
Family protection
Survivor income and death benefits help support beneficiaries under the plan’s terms.
Monthly income
The Deferral and Supplemental plan balances are annuitized and paid out monthly for 15 years, beginning at the specified benefit age.
Client results
Crye-Leike Realtors case study
3×
Growth in agent count
Significant drop in agent turnover
Getting started
Four steps from first call to enrolled agents
1
Connect
Meet with NQP to talk through your agency, your agents and your goals.
2
Model
Select participants and project their benefits.
3
Design
Finalize funding and the plan agreements.
4
Launch
NQP educates and enrolls your agents into the plans.
Questions
Common questions from agency owners
About NQP Consulting
Located in Memphis, TN, and able to comprehensively serve the U.S., Canada, and Mexico, NQP Consulting LLC is honored to stand at the intersection of innovation, dedication, and passion for the benefit planning sector. If you need services in buy/sell agreements or a variety of areas, you can turn to us.
Over the course of three decades, we’ve built a legacy with an unwavering commitment to excellence as an industry vanguard. A journey that began with a vision to redefine the landscape of benefits planning for real estate professionals has evolved into a beacon of success, exemplifying our prowess in creating solutions that resonate with the unique needs of our clients.
Complimentary plan design consultation
Let’s build a plan around your agency.
Tell us a little about your agency and a regional director will follow up to schedule a conversation.
PHONE
OFFICE
6525 N Quail Hollow Rd, Suite 320
Memphis, TN 38120
WEBSITE