On January 26th, McColly Real Estate held its annual Performance Plus Breakfast at Innsbrook Country Club to celebrate the year’s payout. The Performance Plus Bonus Program is McColly’s wealth building program that offers a structured way for brokers to invest a portion of their commission along with a company match.
“I’ve been at the company for 33 years and as soon as the program started I jumped right in. My contribution along with the company match grows tax deferred for five years” Paul Boyter, Managing Broker of Chesterton and LaPorte offices with McColly Real Estate, said.
At the event, Ron McColly, Founder of McColly Real Estate, spoke about his mentor Warren Buffett and Berkshire Hathaway Inc. Berkshire Hathaway Inc. is one of the investment options of the Performance Plus Program.
“Berkshire Hathaway has access to low-cost, non-parallel sources of leverage that allow us to safely own far more assets than our equity capital would permit,” Ron McColly said.
It is clear that many McColly brokers are very grateful for the opportunities presented by Performance Plus.
“I've been with the company since 2017. I started investing on day one. To me, it's basically a no-brainer. Any time you can defer your income and save on taxes, that money goes to work for you,” said Frank Ennis, a broker with McColly Real Estate, Lake Station office.
At the breakfast, Ron McColly and Tracy Parus, president of McColly Real Estate, revealed the large check, totalling over $800,000.
“McColly is the largest real estate company in Northwest Indiana. It’s been around since 1974, and I'm very honored to be a part of that. It’s also a member of Leading Real Estate Companies of the World, even though we are a local independent company we have that global positioning,” Ennis said.
It is made clear to McColly’s brokers that they are cared for and appreciated. Tracy Parus expressed McColly’s gratitude for its brokers, employees and affiliated businesses.
“I am proud of all of you here today for many reasons: you have either invested and now you are reaping the rewards of time, or you're here today to learn. Congratulations,” Parus said.
McColly Real Estate is skilled at guiding its brokers toward success and long term wealth. The Performance Plus Bonus Program is a crucial component of that. To learn more about McColly Real Estate and its exclusive listings, visit www.mccolly.com.