Best Metrics for Real Estate Agents
Manage episode 448642201 series 3569122
Michael Alliman reveals how real estate agents navigate the complex financial landscape behind each home sale, where that familiar 6% commission is just the beginning of the story. As founder of a specialized firm serving real estate professionals, Alliman breaks down the metrics that matter most - from cost of sales and operating expenses to the often-overlooked importance of cash flow management. He shares insights on everything from the evolving nature of office spaces to why listings are more profitable than buyer representation, while offering a fascinating look at how real estate accounting differs across regions.
- (00:00) - Introduction to Best Metrics Podcast
- (01:07) - Meet Michael Alliman: Financial Expert for Real Estate Agents
- (03:11) - Understanding Financial Statements for Real Estate Agents
- (05:03) - Key Metrics and Financial Strategies
- (07:38) - Challenges and Solutions in Real Estate Finance
- (08:47) - Looking at Financial Statements
- (12:51) - Cost of Sales for Real Estate Agents
- (18:17) - Operational Expenses and Best Practices
- (25:32) - Regional Differences and Efficiency Tools
- (29:23) - Tax Savings Strategies for Real Estate Agents
- (30:50) - The Importance of Cash Flow Management
- (31:34) - Shifts in Office Work Post-COVID
- (35:29) - Trends in Real Estate Marketing
- (40:02) - Impact of Corporate Investors on Real Estate
- (47:54) - The Role of Financial Statements in Business Management
- (50:06) - Contact Information and Closing Remarks
Learn more about Peerview Data
https://www.peerviewdata.com
Connect with Michael Alliman
michael@allimanbusinessgroup.com
Connect with Glenn Dunlap
https://linkedin.com/in/glenn-dunlap
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