As a person looking to sell a structured insurance settlement, you are a very valuable commodity among people looking to buy such assets. You may not know it, but you have a lot of power and learning to use that power correctly will ensure that you see a big payday when it comes time to cash out. The position he’s in as a seller is very similar to the position Lebron James was in before the summer of 2010.
I’m pretty sure you know who Lebron James is. He is a star player in the NBA at the forward position and has been called one of the best players to play the game. His value goes beyond what he can do on the basketball court. He has endorsement deals that sell everything from cereal to athletic shoes and apparel. The summer of 2010 finds Mr. James at the end of his player’s contract with his current team, the Cleveland Cavaliers. At the end of this contract, Lebron will become one of the greatest free agents in NBA history and I want to show you how his experience and situation can help you when he sells a structured insurance settlement.
While Lebron James offers his services to the highest bidder in the open basketball market, you have the opportunity to do the same in the financial industry because you also have a very valuable asset to offer. Having dozens of teams vying for it will only increase its value and you can use this lesson to increase the value of your payment stream by taking the necessary steps when you decide to sell a structured insurance settlement.
The reason why Lebron James will be priced so high is because of the work he has already put into developing his game. He didn’t just show up on the basketball court demanding to be paid. He has put in years of hard work to get to where he is today. He has taken the time to learn his trade at a high level and, more importantly, he has also learned the tendencies of his opponents. When he seeks to sell a structured insurance settlement, he must arm himself with similar skills and knowledge that will enable him to get the best price for your cash flow asset as well.
The only thing that will get you the best price for your asset is speed. The faster you can gather all the documentation related to your case, the faster you can see your lump sum. Some companies offer checks in as little as seven days, but this all depends on your due diligence and ability to get the information the buying company needs in a timely manner. This is why preparing before you start calling is so important because being ready before you need to be ready will make your case look more favorable in the eyes of the organization offering you a lump sum when you sell a settlement. structured insurance.
