Florida real estate professionals understand the importance of reinvesting in their businesses to help them grow. Here are some tips for reinvesting in your real estate business after a commission closes:
1. Determine How Much to Reinvest
As a general rule, 10-15% of your commission is a good place to start. This amount can vary depending on your business and goals.
2. Invest in Marketing and Technology
Investing in marketing tactics like paid advertising, social media marketing and email marketing can help you attract new clients and generate more leads. Additionally, productivity tech like customer relationship management software (CRM) and online scheduling tools can streamline your business operations and save you time and money in the long run.
3. Measure Your Results
Track key performance indicators (KPIs) like the number of leads generated, conversion rates and revenue growth to see how your investments are impacting your business.
4. Get Your Capital Now
One of the most frustrating aspects of working in real estate is waiting for a deal to close. When your commission is sitting on the sideline for weeks or even months, you can’t put it back to work for you.
That’s why we created RLTY Capital.
RLTY Capital is a commission funding solution for real estate agents and developers. Our approval process is fast and simple — it usually takes about 3 minutes — and we can get you paid the same day.
Got a commission you’re waiting for? Get paid today.
