Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainmaker
956,501
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

5m? Yeah.
500m? Yeah.
5B? Prolly.
I need to work. I cannot be left completely unsupervised.

May 06, 2018 11:49 AM
Ambassador
3,177,135
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Yes.  I would work much differently.  
$5M is not that much in my area.  After taxes, I may net $2.5M 

As others have suggested in prior posts, I would create an entity before I claim the money so that NO ONE would know I won! 

May 06, 2018 02:05 PM
Rainmaker
2,119,018
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I would be bored to death if I wasn't working Tony and Suzanne Marriott, Associate Brokers so even if you put another zero or two behind that number I'd be working... but maybe not as a Realtor.

May 06, 2018 12:09 PM
Rainmaker
716,518
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I'd work because I'd need something to do other than eating my Elvis breakfast, jetting to Hawaii  & partying with Dan Bilzerian.

May 06, 2018 12:38 PM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  I don't play the lottery, so I guess I will never find out.

 

May 06, 2018 12:57 PM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes, but it would not be in real estate. I would keep my license for referrals and I would continue editing and proofreading, which I enjoy and could do from anywhere, allowing more flexibility for travel and to live wherever we want. -Kasey

May 06, 2018 12:31 PM
Rainmaker
1,010,023
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Absolutely. After taxes that $5,000,000 would be more like $2.500,000 - $3,000,000.

 

May 06, 2018 12:11 PM
Rainmaker
4,584,101
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Probably not... I'd find other ways to be busy.

May 06, 2018 11:54 AM
Rainmaker
201,529
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, PA, VA, GA and FL.

Yes but then I could fund my own construction loans!

May 06, 2018 11:47 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It takes a lot of work to invest and give away that much money.

May 06, 2018 01:56 PM
Rainmaker
1,458,513
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I retired once and went batty, but would become a part-time agent to drive the full timer's nuts!

May 06, 2018 01:39 PM
Rainmaker
588,238
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Actually I would, but probably not the hours I work now!  I would be bored too easy ... so I'll probably never completely retire.

May 06, 2018 01:10 PM
Rainer
365,709
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

$5,000,000 would never last around my household. Not just because of that, but yes I would definitely still work because I want to keep the mind busy and not have to dig into the principal of that amount for general everyday living. I do believe I would start working on post-graduate work as well.

May 06, 2018 12:50 PM
Rainmaker
54,890
Jordan Ayan
The Lifestyle Collection - Scottsdale, AZ
Luxury Market Expert, CLHMS,Million Dollar Guild

Absolutely - I love what I am doing and that is what makes life worth living.

May 06, 2018 12:47 PM
Rainmaker
7,142,849
Roy Kelley
Retired - Gaithersburg, MD

No.  I have already retired.

I would spend a lot of time giving it away.

May 06, 2018 12:19 PM
Rainmaker
4,312,632
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

If I won five million dollars from playing the lottery, there would be a long conversation about more than retirement since I don't play the lottery and this would really be a miracle. 

May 06, 2018 05:19 PM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Absolutely - even if there were 3 more zeros at the end of your number, Tony!

I would certainly enjoy spending more time delving out the winnings in support of my favorite charities though!

May 06, 2018 04:30 PM
Rainmaker
1,375,838
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I would, but I would solely work my #1 favorite niche and refer the rest away.

What's my favorite niche? 55+ Retirees buying their retirement or snowbird home in La Jolla, Carmel Valley or San Diego's Golden Triangle.

May 06, 2018 02:30 PM
Rainmaker
601,856
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Quit work? That's really not a lot of money, at least here in Monterey County. It would be great to find an investment and get some "passive" income from it. But I would definitely keep working.

May 06, 2018 01:33 PM
Rainmaker
1,027,535
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

If it were $500,000,000, I may transition to something else, like running a non profit foundation, but I wouldn't retire.  $5 mil would only be a nice supplement to eventual retirement. 

 

May 06, 2018 01:08 PM
Rainmaker
5,581,578
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

yes, I like what I do.... I'll always participate in the business..... my job description will continually change, but my head will always be in the business until I can't remember my name!!

May 06, 2018 12:12 PM
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I think I would need to take some time off to think about it! 

May 06, 2018 12:11 PM
Rainmaker
712,144
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Absolutely, I would still work.

Oh wait... maybe not... send me the $5M, I'll try it out and I'll let you know how I'm doing (if you can find me....)

May 06, 2018 08:51 PM
Rainmaker
748,941
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

No I wouldn't work any longer. I do love what I am doing, but not needing the money, it wouldn't seem fair to take away sales from those that do. I would a lot volunteer more.

May 06, 2018 05:55 PM
Rainmaker
3,394,576
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I would keep busy on a tropical beach

May 06, 2018 01:12 PM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Well........5 mils are not that big money for SoCal, and they take a chuck off, so yes...

May 06, 2018 10:33 PM
Rainmaker
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Tony, that money would barely buy a half way decent home in my market:) I would definitely reconsider my options:)) Endre

May 06, 2018 09:43 PM
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Tony Lewis yes, many of us need to work!

May 06, 2018 02:27 PM
Rainer
352,926
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Yes, more than likely anyway.  I only work with those that I want to work with so in that respect, definitely, yes.  Money doesn’t define me and as long as I’m having fun and serving a purpose I will work

May 06, 2018 08:28 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I believe so. I love what I do, but would no doubt add some other activities to my life

May 06, 2018 08:06 PM
Rainmaker
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Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I would retire from working, but would stay active by volonteering in the community..

May 06, 2018 05:55 PM
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

There are many ways to stay busy without the traditional definition of "work". 

May 06, 2018 05:35 PM
Rainmaker
1,776,862
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I have to agree with you. I'd stay in the business & ramp up investing.

May 06, 2018 01:46 PM
Rainmaker
2,701,755
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I would "work" for the lack of a better word until I cannot....Money has nothing to do with this concept although it applies

May 06, 2018 01:41 PM
Rainmaker
508,859
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I love to travel so I would use part the money to travel.  I have another business in mind, I can certainly use the money to really plan about it.

May 07, 2018 04:30 PM
Ambassador
3,365,279
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Absolutely.  Work isn't just about earning money, it's about feeling productive and having a reason to get out of bed.  I really enjoy my job.

May 07, 2018 08:55 AM
Rainmaker
4,421,957
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't consider what I do is work.

May 07, 2018 05:34 AM
Rainmaker
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Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Yes but the definition & execution of work would most likely change. 

May 07, 2018 04:50 AM
Ambassador
2,124,665
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Yes, but I would work differently and travel more.

May 07, 2018 02:29 AM
Rainmaker
811,490
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

yes  I would keep working... but it would be more fun for sure!!!

5 million would make a little nest egg and a nice buffer from the ups and downs of real estate. I actually do love my work... but I might not work on Saturday anymore...cut down to 5 days a week! 

May 07, 2018 01:25 AM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes, but not as hard.

May 06, 2018 08:44 PM
Rainer
216,394
Sharon Altier, SFR
Lawton Realty Group, Inc. - Elmhurst, IL
Your Real Estate Partner

I am assuming NET winnings?  lol!  Money gives you the freedom to do what you want, on your terms.  So, yes, I would leave real estate and begin other ventures that are of interest.  

May 06, 2018 08:44 PM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I would not. I would keep my license and buy more investment property for me.

May 06, 2018 07:06 PM
Rainmaker
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Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Nope!

May 06, 2018 07:01 PM
Rainmaker
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James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

You bet I would

May 06, 2018 06:45 PM
Rainmaker
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Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I never play the lottery.

May 06, 2018 05:32 PM
Rainer
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Harjeet Bhatti
FITH THIRD BANK - Chicago, IL
Home Mortgage Consultant 25 States

I will still work because of mention reason. 

May 06, 2018 02:56 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes.

May 06, 2018 01:53 PM
Rainmaker
243,924
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

No. I'd fill my days playing poker and volunteering at an animal shelter.

May 07, 2018 10:48 AM
Rainmaker
584,477
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

yes I would, but I love what I do so I don't think of it as work.

May 07, 2018 09:54 AM
Rainer
92,032
Jon K. Judd
Keller Williams Realty - Central Delaware - Dover, DE
GRI, e-PRO, SFR, Delaware Homes

One can't retire and do nothing... that's a quick way to a permanant vacation 6 feet underground.

I'm quite certain I would still be working in real estate, as I love the people I work with as well as the business....  though I'd be adding some philanthropy to my daily activities.

May 07, 2018 09:47 AM
Rainer
332,287
Libby Cousins
Extraordinary Processing - Spokane, WA
Contract Mortgage Processor, licensed in WA

Yes. But I would work a bit less, volunteer more and do a LOT more traveling. I enjoy working and having a "purpose".

May 07, 2018 08:56 AM
Rainer
117,085
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Definitely not the way I do now.

More referrals, More travel, Maybe a flip or two, since i love doing those and it provides a lot of work for independent contractors.

May 07, 2018 08:34 AM
Rainmaker
853,501
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

certainly

May 07, 2018 08:08 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Probably.

May 07, 2018 06:24 AM
Rainmaker
3,071,034
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Bob "RealMan" Timm nailed this one!

May 07, 2018 04:49 AM
Rainmaker
516,974
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Not until I spent it all and didn't have a choice anymore. ;)

May 06, 2018 11:58 PM
Rainer
87,920
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

Yes.

May 06, 2018 11:24 PM
Rainmaker
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James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

I'm fortunate. I don't have to work. However, work is my passion. Probably will work until I pass on or don't make sense anymore.

  

May 06, 2018 11:09 PM
Ambassador
4,318,202
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Keeping busy is good Tony Lewis

May 06, 2018 09:55 PM
Rainmaker
4,644,337
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

At my age, I would completely retire and move on!

May 06, 2018 05:29 PM
Rainer
2,830
William Simmons
Keller Williams - Las Vegas, NV
Senior Housing and Business Brokerage

Yes of course, I love what I do!

May 06, 2018 04:20 PM
Rainmaker
1,058,073
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

That would be a tough decision. I like what I do. I could retire now but I would have to cut back some discretionary spending. With $5mil extra...who knows?

May 06, 2018 03:49 PM
Rainmaker
539,377
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

yes

May 06, 2018 03:38 PM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I enjoy working so yes. If it was $170 million all bets are off.

May 06, 2018 03:06 PM
Rainmaker
259,217
Lesley Wilson-VanGoethem
Innovative Realty Solutions Group - Winter Springs, FL
Residential Real Estate Broker Associate

yes,  but  probably a lot less and a lot more travelling!

May 07, 2018 05:59 AM
Rainmaker
2,060,085
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

yes I would look for ways to grow the money in real estate

May 07, 2018 03:55 AM
Rainmaker
1,191,969
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Not much left a plot here is 1-2 mil. Used decent homes are selling between 3-4 mil, assuming I will live for awhile......

Still kicking....

 

May 06, 2018 08:11 PM
Rainer
255,457
Byron K . Jones
Coatesville, PA
List Today - Sold Tomorrow!

I would Keep working, but would be very specific on what i was doing

 

May 06, 2018 07:20 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Yes

May 06, 2018 04:35 PM
Rainmaker
2,069,797
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Sure, I will work. 5M is great number, won't last long . :)

Nov 10, 2018 03:05 PM
Rainmaker
1,598,230
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I will after a month of two vacation.

Nov 10, 2018 11:38 AM
Rainmaker
1,254,704
Joyce Marsh
Joyce Marsh Real Estate LLC - Ormond Beach, FL
Joyce Marsh Real Estate LLC - Coast & Luxury

I definitely would be working. I need to stay active 

Jul 28, 2018 07:24 PM
Rainmaker
73,729
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

I would continue working for sure!

May 10, 2018 01:13 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Probably, I love what I do and would get bored.

May 09, 2018 03:29 PM
Rainmaker
540,757
Steven Nickens
Hawaii Life Real Estate Brokers - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Let's see, buy a couple rental properties for income, take a long vacation then I would get back to you with my answer.

May 08, 2018 02:09 AM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Yes I would still work, but not at my current job.

May 07, 2018 08:48 PM
Ambassador
1,021,589
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Every day til the day I die.  My work would drastically change, though.

May 07, 2018 07:40 PM
Rainer
67,209
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

No! I will be on the beach somewhere!

May 07, 2018 06:12 PM