4min snip

Real Estate Team OS cover image

027 Performance Marketing with Grant Wise

Real Estate Team OS

NOTE

Analyzing Data and Creating Reinvestment Formulas for Real Estate Growth

Collect as much data as possible in real estate due to its long sales cycle. Analyzing case studies shows varying time to close for different lead sources, emphasizing the importance of understanding time to close and cash flow. By analyzing data on a monthly basis, one can create reinvestment formulas to reinvest a percentage of revenue from a source back into that source. The formula involves dividing a portion of the net commission by the total number of months it takes to close a deal. This approach ensures a conservative and logical reinvestment strategy, unlike arbitrary decisions based on past spending. Utilize available platforms and data sources to gather the necessary information for informed decision-making and sustainable growth.

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