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Run Your Real Estate Business Like a Business

Run Your Real Estate Business Like a Business . It’s not what you make—it’s how much you keep!. Sponsored by Citibank. Lyle Davis and Glenn Neely. Lyle Davis . Glenn Neely. Los Angeles, CA KW MAPS Coach. Salt Lake City , UT KW MAPS Coach.

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Run Your Real Estate Business Like a Business

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  1. Run Your Real Estate Business Like a Business

    It’s not what you make—it’s how much you keep! Sponsored by Citibank Lyle Davis and Glenn Neely
  2. Lyle Davis Glenn Neely Los Angeles, CA KW MAPS Coach Salt Lake City, UT KW MAPS Coach Run Your Real Estate Business Like a Business
  3. Please complete an evaluation formfound in the back of your program guide. Run Your Real Estate Business Like a Business
  4. Who Should Be Here Any agent or team owner that chooses to … Better manage their income and expenses. Investigate the best way to keep their profits and make those profits work for them. Run Your Real Estate Business Like a Business
  5. “Goes Ins” and “Goes Outs” Have a Profit & Loss statement Have a Balance Sheet Update at least once a month Review the results at least once a month Run Your Real Estate Business Like a Business
  6. A Typical MREA Profit & Loss Run Your Real Estate Business Like a Business
  7. Follow Your Money … See Where It Goes Variable Operating Costs Commissions/ Cap/Royalty Fixed Operating Costs Rent, Admin Salaries, Lead Generation Profits Run Your Real Estate Business Like a Business
  8. Follow Your Money … See Where It Goes Variable Operating Costs Commissions/ Cap/Royalty Run Your Real Estate Business Like a Business
  9. Follow Your Money … See Where It Goes Fixed Operating Costs Rent, Admin Salaries, Lead Generation Run Your Real Estate Business Like a Business
  10. Follow Your Money … See Where It Goes $$$ Run Your Real Estate Business Like a Business
  11. Run Your Business By a Budget and Models Creates Focus Simplifies Decisions Provides Freedom of Choice Allows Accountability Run Your Real Estate Business Like a Business
  12. Get Qualified Advice Forms of Business Ownership Sole Proprietor Corporation Limited Liability Corporation Run Your Real Estate Business Like a Business
  13. Keep Your Money Smart Pay quarterly tax estimates when due Save monthly Build six months of business reserves Create a retirement account Eliminate debt Pay yourself Follow the models Visit regularly Run Your Real Estate Business Like a Business
  14. Thank You! Please complete an evaluation form found in the back of your program guide. To download a free copy of this presentation, GO TO: www.familyreunion.kw.com/downloads
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