Take two or three topics from the article and discuss why real estate is the best business in the world
The best business in the world - •The Risk and the Reward•Less invested Heavily Rewarded•Comparative to other career choices•Brokers have bigger risks
Four rules of business expansion - •Protect what you currently have•Retaining old business and relationships•Improve market penetration with your target market or people you already work with.•Target market is any market you focus to generate business•Expand your current market - expanding to friends of friends•Farm Market•Expand horizontally in your core business area•Different sectors in same market•Example - investors or builders•Change and create vertical expansion•Building relationships with other types of vendors•
Straight commision plan - • This is simply a percentage of your sales• If you sell a home for $100,000 and you earn 3% of the sale Price•$ 3000 in gross commission to your office you get a set percentage•Common to have no extra fees•Easy to budget for•Typically has no movement up or down
