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This is Exactly How We Zero Base Our Overhead & Marketing Expenses
Manage episode 331758783 series 3020338
For real estate teams, the rule of thumb has always been that our overhead costs should account for 30% of gross revenue, but what if we could reduce that all the way down to 10%?
We learned very early on that we could offset our marketing, office space and admin costs in 3 unique ways.
In this episode, you’ll learn how to replicate this strategy in your own business and increase profit margins with the value you provide to the agent.
Three Things You’ll Learn In This Episode
- The truth about real estate profit margins
Why do many teams struggle to make any money despite looking successful on stage and on social media?
- How to create a win-win through strategic partnerships
How do we partner with the entities that make the most on the real estate transaction?
- How to create more value for the agent
Can charging transaction fees be a unique value proposition for the agents we recruit?
331 епізодів
Manage episode 331758783 series 3020338
For real estate teams, the rule of thumb has always been that our overhead costs should account for 30% of gross revenue, but what if we could reduce that all the way down to 10%?
We learned very early on that we could offset our marketing, office space and admin costs in 3 unique ways.
In this episode, you’ll learn how to replicate this strategy in your own business and increase profit margins with the value you provide to the agent.
Three Things You’ll Learn In This Episode
- The truth about real estate profit margins
Why do many teams struggle to make any money despite looking successful on stage and on social media?
- How to create a win-win through strategic partnerships
How do we partner with the entities that make the most on the real estate transaction?
- How to create more value for the agent
Can charging transaction fees be a unique value proposition for the agents we recruit?
331 епізодів
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