Good morning Superstars.
We are quickly closing in on 2013. Do you know how many transactions you need to close next year to reach your goals? If not then this will help.
First I want you to punch your numbers into this chart. We are looking for how much GFI (Gross Commission Income) you need to meet your financial obligations based on the lifestyle you want to live.
The amount of GCI (Gross Commission Income) needed is $117,500. So how do you get there?
The math based on the numbers in my example would be:
Based on this example you would need to maintain 24 listings at all times and would need to list 4 a month. Throw in some Buyer deals and you could have a fairly decent year.
The point of this exercise is to show you how to lay out your financial map so you can make sure you are meeting your obligations with ease.
A final tip:
There are only three ways to increase your GCI.
We hope this help?
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Comment
I need to close ALL of them:)
Bryant, Thank you! Very well done and easy to understand! Grateful for the free information, as many agencies charge for this or conduct paid classes.
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