The MREA Models:


There are four fundamental models outlined in “The Millionaire Real Estate Agent.” They are:

  1. Economic Model: A complete overview showing where your money comes from, where it goes and how much is left over.
  2. Lead Generation Model: Determines how much you will spend by implementing your 33 touch, 12 touch and 8×8 marketing programs.
  3. Budget Model: Outlines your Gross Income, Cost of Sales and Operating Expenses to determine your Net Income.
  4. Organizational Model: Your concept as to how you are going to build your organization. (This model is not covered in the MREA Business Plan because it is conceptual and continually evolving.

The Business Plan is primarily a financing modeling tool and will show the Economic Model, Lead Generation Model and the Budget Models and how they relate to your overall business financial plan.

 

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