‘Million Dollar Listing LA’ stars on 5 expenses to budget for right away

As independent contractors, real estate agents must keep on top of expenses. Here are some budget-savvy tips for newbies from “Million Dollar Listing LA” stars James Harris and David Parnes. Continue reading

First year in real estate? New agent expenses to budget for

As a new agent, your survival in this industry will depend on your ability to manage your finances. Here’s a month-by-month breakdown of what to expect your first year in real estate. Continue reading

Keep a lid on spending! 7 cash flow tips for your multifamily business

Some expenses, when left unchecked, can end up costing you. That’s why keeping an eye on the money flowing out of your business can be a good way to improve your profitability. Here are a few tips for optimizing your cash flow. Continue reading

10 steps for cutting your brokerage’s budget now

No one could have foreseen the havoc this crisis would wreak on real estate, but now that we are in the thick of it, we can adjust to the situation. Here’s how to adapt and trim your budget for the rest of the year. Continue reading

Agent/broker perspective: Why should a top agent hire an assistant?

In this monthly column, Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This month: A broker wants his top producer to hire an assistant so that she can focus more on selling and securing list… Continue reading

Retirement Spending 101: The Do’s and Don’ts

Knowing how to spend your retirement money is often harder and more confusing than knowing how to save it. The basics for saving for retirement are pretty simple. For four, five or even six decades, you painfully learn how to spend less and save more. … Continue reading

Dollars and sense: 10 things financially smart agents already know

In this recurring column on all things agent and broker finance, Jack Gross explains why establishing financially savvy habits starts with self-awareness and how he learned that the hard way. Continue reading