Tag Archives: Real Estate business costs

Real Estate Business Cashflow
Independent Real Estate Business, Real Estate Business, Real Estate Franchise

FREE Real Estate Business Cashflow & Cost Forecast 2016

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It’s that time of year when many of us reassess where our lives are heading, when we might consider making a few changes for the better and set some goals.

If you’re a real estate agent who works for someone else, then you are part of your employer’s wealth creation process. And that can be fine for a while, especially at the start of your real estate career when you need someone to show you the ropes.

But when you start to feel as though you are putting copious amounts of your blood sweat and tears into someone else’s business, along with long hours, and the rewards just aren’t enough, then it may be time to consider setting up your own real estate business.

We will share a suggested real estate business cashflow spreadsheet and a cost forecast for 2016 at the end of this article, to help you get started with planning the financial side of opening a new venture.

Running your own business is one of the most rewarding things you will ever do, yes it can be hard, but most challenges are, and we develop and grow by setting ourselves new challenges to overcome. All you really need is the ability to list and sell property. If you’re confident that you have that skill, then the other requirements for business ownership can be learned, coached or outsourced.

One Agency Group Real Estate Agent Job security
Finance, Job Security in Real Estate, Property Business Brand, Property Business Network, Real Estate Agent, Real Estate Business, Real Estate Business Profit, Real Estate Commission, Real Estate Franchise

Job Security in the Real Estate Industry?

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Are you a real estate agent and feeling undervalued or uncertain with your job security in your role with your current employer?

Or are you a real estate business owner who is swamped by massive overheads that are eating into your profits?

I meet a lot of agents and business owners who are disenchanted with the actual profit they get to take home at the end of each working week. Many established agents bring great financial reward to their employers putting in hard graft only to see a big chunk of their commissions going towards funding the bosses European holidays or luxury cars.

Dealing with the inequities on the sales room floor is why so many (and often very talented agents) burn out and leave the profession. There can often be internal politics, fighting for listings, losing hard worked territories after re-structures or simply being overlooked and undervalued with the goal posts constantly moving.

As an agent you may think you’re secure but you’re completely at the mercy of the business owner. But that’s no fault of the business owner, I’ve been both and employee and an owner and I’ve made some obvious mistakes along the way. So I’m not pointing any fingers here. It’s just the way the real estate business is set up.