On this podcast we talk about the importance of having a separate checkbook for your real estate business and the wisdom of Gary Keller’s The Millionaire Real Estate Agent and the Budget Model contained therein. (Pages 153 to 158.)
When you begin your real estate sales business it is just that, a business. Make sure you watch our money. In my interviews with hundreds and hundreds of real estate agents I have found that financial literacy in regards to your real estate business is sorely lacking. Take these four steps to set yourself up with success;
- Open an separate checking account.
- Lead with revenue.
- Play “Red Light, Green Light” with any money you spend.
- Stick to a budget.
Thank you to Platinum Title, LLC for sponsoring this podcast and supporting Inclusion Connections through PawsAbilities and the Emma Lengquist Memorial Puppy Parade.
Looking to get your real estate license? Check out the Kansas Real Estate School.