As we wrap up the year here are some important things to think of on the financial side. Basics -Cash management system. -Clear economic model. Average is 30% expense model -RE specific chart of accounts. Income, cost of sale, gross profit, operating expense, Net income. -Separate direct vs indirect expenses. Example, Car for work vs a car for personal use for tax purposes. What are margins on. 1 Net Profit - 5% to 15% net profit are most teams. 15%+ is solid. 2 Cost of Sales 3 Operating Expenses. ** Top teams are master marketers. ** - Not growing their business with 3rd party referrals. Zillow, HomeLight etc.

Hi Team, Good Monday Morning! Here is what is going on in the economic market today, and this week! Financial markets are back in full swing after last week's Thanksgiving holiday break. Stocks are higher and mortgage bonds are lower to start the week. It’s jobs week, which will likely be a key factor in the Fed’s December 18th rate cut decision and the future direction of the Bond market and interest rates. The November jobs report is scheduled for release this Friday, and it will be the final monthly jobs report before the Federal Reserve meets later this month to decide the course of interest rates. Fed policymakers have recently indicated that they are in no rush to cut interest rates further and that any future decisions will be data driven. If Friday's jobs report comes out strong, this may cause the Fed to delay any further interest rates until later next year. Mortgage pricing may be volatile this week as investors adjust their positions ahead of the jobs report, and then as they react to the report once it comes out on Friday. We are often asked by real estate professionals, “So where are interest rates?” The reason mortgage advisors can’t answer this question directly with an exact percentage, is because each loan is different, each borrower is different (loan amount, credit score, debt to income ratio, loan to value, property type, occupancy, loan type, etc.) and the interest rate depends on each individual borrower and loan. One way to get a general idea is to google: “fixed mortgage interest rate national average.” See below for today’s answer: Emily Howard Mortgage Advisor, CMPS NMLS# 1633389- AL, AK, AZ, CA, CO, FL, HI, ID, IL, IN, IA, MI, MN, MO, MT, NM, OH, OK, OR, SC, TN, TX, VA, WA 32129 Weyerhaeuser Way South, Suite 204 Federal Way, WA 98001 Direct: 206-999-7262 Walter: 206-920-9258 eFax: 866-415-0827

In real estate, time truly is money. Managing a packed schedule can be challenging, but with the right strategies, you can get more done, reduce stress, and stay ahead in 2025. 🔥 3 Powerful Time Management Hacks for Realtors: 1. Prioritize Your Top 3 Tasks: Start each day by identifying the top three must-do tasks. Complete them first to feel accomplished and maintain momentum. 2. Leverage Technology: Use tools like a CRM, calendar apps, and task managers to streamline your schedule, set reminders, and stay organized. 3. Practice the 2-Minute Rule: If a task takes less than 2 minutes, handle it immediately. This prevents small tasks from piling up and overwhelming your day. 🎯 Action Item: Set a 15-minute planning session at the start of each day to organize and prioritize. This small investment of time can significantly boost your productivity!

As a realtor, your days are packed with showings, client calls, paperwork, and marketing. Without solid time management, it’s easy to feel overwhelmed. Here are some proven tips to make the most out of each day and keep your productivity high! 🔥 3 Essential Time Management Tips for Realtors: 1. Block Your Schedule: Set dedicated blocks for specific tasks, like prospecting, follow-ups, and meetings. Avoid multitasking to stay focused and efficient. 2. Use a CRM to Track Leads: A good CRM saves time by organizing client info, follow-ups, and reminders in one place. Know exactly who to contact each day without wasting time searching for details. 3. Set Boundaries: Protect your time by designating "office hours" for calls and meetings. This lets you focus on important tasks without constant interruptions. 🎯 Action Item: Implement a 1-hour “Power Hour” each morning for focused prospecting or lead follow-up. Block this hour daily and watch your productivity soar! 💬 What’s your top time management tip? Share in the comments to help each other make 2025 the most efficient year yet! #TimeManagement #ProductiveRealtor #RealEstateSuccess #2025Goals