How much you get from annuity sales depends on the risk it poses to your buyer. This includes the value, balance, payment history, and the type of annuity you are selling. There’s also a trick called “bait and switch,” where buyers give you a good initial price and then lower it after you’ve signed the deal. For example, they’ll offer a smaller price than the note’s actual value, so a $100,000 annuity might fetch you only $90,000.
You can save even more time with annuity sales on line because you can consult several buyers, and usually get quotes within one to two days. Compare quotes from different buyers before making a deal. A good buyer should give you a quote for free.