Real Estate Math Masterclass: Maximizing Your Commission Potential

This comprehensive course is designed to help real estate agents master the math behind setting, tracking, and achieving their commission goals. Through a series of lessons, you'll gain insights into hourly rates, door knocking math, and negotiating commissions, as well as tips for staying motivated and organized.

Course Outline:

1. Mastering Commission Math: Setting and Defining Your Income Goals

   • Creating a plan
   • Understanding the basics of hourly rates
   • Calculating and setting your hourly rate
   • Factoring in expenses and negotiating your hourly rate
   • Adjusting your goal and estimating potential earnings
   • Calculating your goal

2. Unraveling Door Knocking Math and Revenue

   • Understanding door knocking math and revenue
   • Calculating door knocking math and revenue
   • Analyzing door knocking math and revenue
   • Maximizing door knocking math and revenue

3. Staying Organized and Motivated

   • Tracking progress and comparing to goals for course correction
   • Prioritizing tasks and creating a schedule
   • Maintaining motivation

4. Section 1: Mastering the Basics of Negotiation

   • What is negotiation?
   • Different types of negotiation
   • Preparing for negotiation
   • Negotiation strategies and tactics in real estate
   • Closing the deal

5. Section 2: Negotiating Commission as a Realtor

   • Understanding commission structures
   • Negotiating commission rates and other fees
   • Understanding the contract

6. Video Lessons:

   • Intro to commission goals
   • The listing math formulas behind commission goals
   • My math wall: The listing math formula
   • The commission math for goal setting
   • My math wall: Adding in the commission math
   • Summary of goal math & reminders about using this math
   • Setting your revenue goal
   • Knocking towards your revenue goals
   • It's not enough to set a revenue goal, you must work for it
   • Consideration 1: Where to farm
   • Consideration 2: Where to farm
   • Where not to farm: Networking groups
   • Module wrap-up

By participating in this Real Estate Math Masterclass, you'll develop a thorough understanding of the various factors that contribute to your success as a real estate agent, specifically in terms of commission earnings. With a mix of video lessons, expert advice, and real-life examples, you'll be well-equipped to set achievable commission goals, track your progress, and navigate negotiations with confidence.