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The Boom Real Estate Podcast

The Boom Podcast is the podcast that shows you how to "build an amazing business, so you can build an amazing life". The Boom Podcast is THE podcast for helping agents, brokers and business owners dominate. Boom!
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The Boom Podcast shows you how to have an amazing business, so you can have an amazing life. The Boom Podcast is THE podcast for helping real agents, brokers and business owners dominate. Boom!

This podcast is designed to help real estate agents and small business owners build incredible businesses and incredible lives. We give you the tools, approaches and mindset for success. Expect practical challenges that will expand your vision and provide clarity on how to achieve sustainable growth. Our show can be the key to your long-term growth.

Also, we love to have fun. Lots of fun. Jokes, laughter, and lots of fun are what we deliver. We don’t want to be “just another voice” in the business and real estate community. Instead, we stay positive and encourage you to BLOW UP your business. And we’ll help you enjoy the journey, too.

So listen and be forever changed. Maybe. BOOM!

 

Email: info@boomrealestatepodcast.com

Web:  www.boomrealestatepodcast.com

Facebook:  https://www.facebook.com/boomrealestatepodcast

Youtube:  https://www.youtube.com/channel/UCt1P-rEDZ1h2UYT20EN4mYQ

30-Day Jumpstart:  http://boom30.com/

 

Produced by Christian Kemp

© 2020 - The Boom Podcast

Jun 8, 2016
Episode 006 - 3 Numbers You Aren’t Tracking, But Should Be

SHOW NOTES

Episode 006 - 3 Numbers You Aren’t Tracking, But Should Be 

 

You are an attractive, reasonable real estate agent. But you want to grow your business, right? Here's the typical advice you get—increase your calls, increase your contacts, increase your hours worked, INCREASE INCREASE INCREASE!!

We lazy bums at the Boom Real Estate Podcast invite you to work SMARTER by improving your efficiency. After all, wouldn’t you rather produce more in the same time you’re working now? Or produce the same as you are now, but in less time?

The key is in tracking. And in this episode internationale, we show you the 3 numbers you should be tracking, but aren’t.

 

SHOW NOTES

  • The Frenchtro [0:07]
  • Todd’s horrible French accent [1:15]
  • How real estate is like baseball [2:20]
  • PEDs in real estate [2:38]
  • Increasing effort vs. improving efficiency [3:08]
  • Plan, track, and analyze [4:02]
  • Your hourly rate [5:03]
  • A key mistake agents often make [6:17]
  • CHALLENGE #1 [8:09]
  • What your hourly rate should be [8:50]
  • ROI [9:40]
  • Todd introduces us to Excel [10:58]
  • Time and Money ROI [11:44]
  • CHALLENGE #2 [13:33]
  • “Negative ROI” comes gallupin’ in [14:03]
  • Your Closing Rate [15:15]
  • How to figure out your closing rate [16:31]
  • What a solid closing rate should be [17:12]
  • Looking at the losses [20:00]
  • CHALLENGE #3 [20:20]

 

SHOW LINKS

Mulhouse, France: https://en.wikipedia.org/wiki/Mulhouse

PED’s: https://en.wikipedia.org/wiki/Performance-enhancing_substance

Letters and numbers: https://www.youtube.com/watch?v=WqIeso6SBm0

Net: https://en.wikipedia.org/wiki/Net_income

Gross: https://en.wikipedia.org/wiki/Net_incomehttps://en.wikipedia.org/wiki/Net_incomehttps://en.wikipedia.org/wiki/Net_incomehttps://en.wikipedia.org/wiki/Net_income

Book Recommendation - Profits Aren’t Everything, They’re the Only Thing by George Cloutier: http://www.amazon.com/Profits-Arent-Everything-Theyre-Thing/dp/0061856312

 

BOOM LINKS

Email: info@boomrealestatepodcast.com

Web: www.boomrealestatepodcast.com

Facebook: https://www.facebook.com/boomrealestatepodcast

30-Day Jump Start FREE DOWNLOAD: www.boom30.com