Fortunately, you won’t need to start from scratch to build your real estate brokerage budget because I have already done the hard work for you. Start by making a copy of this Rea… See more

Once you have downloaded the worksheet, you will need to research and determine some assumptions about your market and what you believe your average agent’s production … See more

Your brokerage’s total annual expenses are the sum of all the expenses to run your real estate brokerage for an entire year. These include payroll, software, staff, office space, office suppl… See more

The type of agentyou choose to recruit and the size of your brokerage will have significant impacts on your real estate brokerage’s overall profitability. It’s no secret that … See more

Now you will estimate revenue to determine your profitability. Your brokerage revenue is derived from the splits and fees you charge your agents, as well as any other additional services yo… See more