When it comes to business planning and measuring performance, real estate brokers often focus most of their effort on developing the sales side of their businesses. Revenue growth, albeit a very important metric, is only one indicator of overall business performance. There are other key metrics that should be tracked ongoing to effectively inform business strategy and be set up for long-term success. For some, this can be an overwhelming process as they are unsure what to track and how.
Peter Mueller
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8 Key Metrics Every Brokerage Should Track for Revenue Growth
Posted by
Peter Mueller on Feb 13, 2018 4:38:33 PM
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Topics: Gross Profit, Brokerage Profitability
The Most Important Metric of Your Brokerage is Gross Profit / Realtor
Posted by
Peter Mueller on Feb 13, 2018 2:19:17 PM
In order to run a profitable Real Estate Brokerage, one needs to know and understand the metrics involved in running one’s business. One of these metrics, which we consider to be the most important metric, is the GROSS PROFIT PER REALTOR (GPPR) metric. This metric is critical to obtaining your Gross Profit per Realtor Objective (GPPRO).
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Topics: Gross Profit, Brokerage Profitability