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

So you want to be an agent? Here are 7 truths about the job

Being a real estate agent is much more like operating your own business than working any other regular job. There’s a huge learning curve, and it can often feel overwhelming. That’s why, if you’re a newbie, you have to be prepared. Here’s what to expect. Continue reading

7 steps for recession-proofing your business

Whether you are a single agent or a broker-owner, your response to the COVID-19 shutdown right now will have ramifications for months and years to come. Here are seven things you need to do right now to take charge of your finances and prepare for what… Continue reading

4 hidden expenses you should revisit today

As an agent, it’s critical that you take a deep dive into your finances and look at every little thing you’re spending money on. This includes your single biggest expense — your broker split. Continue reading

How to tighten your team’s belt right now

The coronavirus has already significantly affected the economy, and chances are, it’ll have an impact on your team, too. Here are a few things you can do to get your financial commitments in shape, adapt your team and soften the blow. Continue reading

Dollars and Sense: 3 rules to keep your financial health in check 

Welcome to our new recurring column about all things finance for agents and brokers. In this inaugural column, Warburg Realty broker Bill Kowalczuk talks through setting yourself up financially for a strong career. Continue reading

Realtor.com launches 3 new affordability tools for buyers

The tools, available on iOS, Android, and desktop, provide buyers with a detailed estimate of what it will financially take to own a home. Continue reading

Dollars and sense: A financial timeline for rookie agents

How do you plan ahead and ensure you’re spending wisely as a brand new agent? We talked to experienced agents and financial planners to get some of their must-dos for keeping your financial life on track your first year in real estate. Continue reading

Don’t be a broke agent: Learn to manage your money

Your broker isn’t going to tell you how to make a profit. You are kind of like a backyard chicken, and your broker needs you to produce, so managing your money is up to you. Here’s what you should keep in mind. Continue reading