Alexandre Pavan tells how he included consortium letters in his financial planning to build his first house and structure family assets over three decades Grupo Comauto/Disclosure For many people, the consortium is directly related to getting a car or owning a home. For Alexandre Pavan, the modality has also become a tool for financial planning and wealth building. A consortium member around 30 years ago, Alexandre started using letters of credit to purchase vehicles. Later, the consortium was also present in one of the most important achievements of its history: the construction of the first house. As time passed and the experience gained, he began to see new possibilities within the real estate consortium. “I think the consortium is a way for you to save money and create a savings culture”, says Alexandre. Watch Alexandre Pavan's testimony From the first property to assets: 30 years using consortium In the video, Alexandre tells how his relationship with the consortium began, talks about building his first house and explains how he started to include real estate letters in his asset strategy. Experience that turned into planning After learning more about how the system works, Alexandre started to acquire real estate cards thinking not only about purchasing a property, but also about the possibilities that could arise after contemplation. With the support of the Consórcio Comauto team, he evaluated values, deadlines, group conditions and different bidding strategies. After being considered, Alexandre received proposals from people interested in the letter of credit and decided to transfer one of the shares. According to him, the result of the negotiation was positive within his personal objectives. The experience presented by Alexandre is individual. The values, contemplation periods and results of a possible transfer may vary according to the group's conditions, the bids offered, the contractual rules and market interest. Why is there interest in contemplated letters? A contemplated letter allows the holder to have access to credit to purchase the asset, as long as the analysis, documentation and release stages provided by the administrator are completed. For this reason, there are people who look for quotas already covered to anticipate their projects, such as the purchase, construction or renovation of a property. The holder of an eligible share can also request its transfer to another person. The procedure depends on the analysis and approval of the administrator, in addition to compliance with the obligations set out in the contract. It was precisely this possibility that became part of the strategy adopted by Alexandre. After his first experience, he continued participating in real estate consortium groups and was once again included. Currently, it continues to evaluate new opportunities in accordance with its financial and asset objectives. Consortium also requires organization and knowledge Although the statement shows new possibilities for using the consortium, Alexandre highlights that planning is fundamental. Contemplation takes place by draw or by bidding and does not have a previously guaranteed date. Therefore, before contracting a plan, it is important to analyze factors such as: credit value; group deadline; value of the installments; administration fee; financial capacity to offer bids; objective for using the letter. In Alexandre's opinion, the monthly payment of installments also works as a commitment to the future, helping the consortium member to maintain a financial organization routine. Monitoring during all stages The Comauto Consortium offers support from choosing the plan to the subsequent stages of contemplation. The team advises the client on the characteristics of each group, possibilities for using the credit, bidding strategies, documentation and procedures necessary for an eventual quota transfer. The objective is to help each consortium member find an alternative compatible with their financial reality and the project they intend to carry out. With letters of credit for properties, vehicles and services, Consórcio Comauto serves different customer profiles, from those who want to achieve a personal achievement to those looking to organize medium and long-term projects. A story built over the years Alexandre's trajectory shows how the consortium can accompany different moments in life. What began with the acquisition of vehicles also contributed to the construction of the first house and, later, became part of a personal strategy for financial organization and asset formation. More than seeking contemplation, his experience reinforces the importance of knowing how the system works, establishing objectives and counting on specialized guidance during each stage. Discover the possibilities of the Comauto Consortium To find out more about the consortium plans for real estate, automobiles and other projects, visit: www.comauto.com.br The experience presented in this article is individual and does not represent a guarantee of contemplation, profitability, appreciation or financial results. Contemplation occurs by draw or bid, according to the rules of each group. The transfer of shares depends on contractual conditions and approval from the administrator.