How You Can Earn Your 1st (or next) Million in Real Estate

Real Estate Training & Coaching School

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Part One

$1 million Gross Commission Income = 100 transactions at $10,000 average commission, based on the national average of $400,000 sale price.

If your average sale price is $750,000, then you’ll need 55 transactions.

If your average sale price is $1m, you’ll need about 40 transactions.

Obviously, it's a good idea to consider:

a) getting control of your average sale price (by being more proactive pursuing a higher average sale price)

and

b) making sure your costs aren't out of control (too high brokerage fees, buying leads, being over-staffed, and paying for stuff that's speculative)

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