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Have You Created Your 2021 Business Plan?

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Real Estate Agent with Lannon Stone Realty, LLC 84880 - 94

Have You Created Your 2021 Business Plan? As a professional licensed Realtor you are no different than any other self-employed person. What does this mean to you? You should review all of your closings, you should know exactly what your average earnings per closing are. You should track each sale to find it's lead source. You then should see which lead source has been most effective for you. Perhaps you should reallocate monies spent on a source that brought in little or no business into your more profitable lead sources. Like any other business, you are looking for an ROI - return on investment. Once you've done this, you should go back through all of your business expenses to see if any can be eliminated going forward to increase your bottom line. The time to do these things are when you are doing well, not if and when your business has decreased. As a Realtor, you need to be a CEO, CFO, Board of Directors member and more. Cut all unnecessary expenses, thus increasing your bottom line. Make all you can while you can.Don't leave any money on the table. Best wishes for a prosperous new year!

Lannon Stone Realty

If I may be of any help to you on your 2021 Business Plan, don't hesitate to ask. 

Now for my shameless plug. 

If you're a Wisconsin licensed Realtor and looking to maximize your income with a true 100% commission pay plan, contact Marcus Kanno Recruiting Manager Lannon Stone Realty, LLC 262-333-4440 and/or check out our agent info website. www.lsrrealtor411.com.          

 

 

 

 

               

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Realtyna Inc
Realtyna - Newark, DE
WordPress Real Estate - IDX, RESO Web API, CRM

Hi Bob, this is excellent advice. Every business faces limited resources. Through careful analysis at the end of each year, we can learn how to effectively allocate these resources to maximize profits.

Dec 03, 2020 02:41 AM
Bob Forman
Lannon Stone Realty, LLC - Sussex, WI
Working 7 days a week for my clients & staff.

Thank you for your feedback!

Dec 03, 2020 05:38 AM