budget: Something new at Real Estate Base Camp - 10/20/09 02:23 PM
Since I started Base Camp about 1 ½ years ago and have been teaching live classes, I have noticed a real need for some tools to help agents organize their business.
When we discuss business planning in class, only about 1/4 - 1/3 of the agents in class have written business plans. Of those agents who do have plans, only about 50% of those agents have broken down their plans into how many prospects they need to accomplish their financial goals. Many agents stop their planning at how much money they want to make and how many transactions they need.
On … (4 comments)

budget: What does it take today? - 08/01/08 11:55 PM
In our new business planning class, we have agents look at budgeting as an essential piece of business planning. That may sound obvious, when creating a business plan, but I have been amazed at how many agents don't know their income YTD or their expenses YTD.  The new 2008 NAR Member Profile has some interesting info in it as a comparison.
The median expense for agents is $6580 annually. That is down 11% this year from last year.
The Median income for agents is also down:
Annual Income
Median Gross Income:
                Agents:                $32,900
Median Net Income after expenses:
                … (22 comments)

 
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Claudia Wicks

Bellevue, WA

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Real Estate Base Camp

Office: (206) 351-2414

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Continuing her groundbreaking philosophy of Agent CEO, Claudia takes training to the next level. See you at the top! View Claudia Wicks's profile on LinkedIn
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