November 23, 2021
part 1
Fundamental Models of the MREA - Economic Model
THIS IS PART 1 OF OUR 3 PART EPISODE SERIES BASED ON THE MILLIONAIRE REAL ESTATE AGENT BOOK BY GARY KELLER WITH DAVE JENKS AND JAY PASPASAN.
Want to get a clear picture of how your performance and investments directly affect your paycheck?
The MREA (Millionaire Real Estate Agent) Economic Model will help you get a better understanding of your numbers and will help you get focused on achieving your desired net income.
Here are some notes from Ana and Mike’s discussion about the economic model:
What is the 30-30-40 Model of MREA (Millionaire Real Estate Agent)?
30% Cost of Sales
30% Operating Expense
40% Profit
An overview of the Economic Model
Crazy living without a business plan: what does it entail?
“How are you running your business efficiently if you don’t have your goals in mind?”- Ana