MASTERING YOUR PROFIT & LOSS
What You’ll Learn in Mastering Your P&L
What is the Millionaire Real Estate Agent (MREA) Budget Model and how to use it in your business
Learn how top agents organize their finances using the MREA model. It’s a simple framework that shows exactly where your money should go to maximize profit and growth.
Defining the MREA Profit and Loss
See how a real estate specific P&L is structured, what each category means, and how to read it so you can make smarter business decisions every month.
What is Cost of Sale (COS) and how it impacts your business
Understand how commissions, splits, and referral fees affect your bottom line and how to track them correctly to protect your profit.
Financial mistakes agents make
Avoid the most common money pitfalls agents face such as overspending on marketing or mixing personal and business funds.
Simple tax tips to save you money
Get easy and practical ways to stay tax ready all year long and keep more of what you earn.
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