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The document outlines a comprehensive business plan for real estate agents, focusing on achieving high levels of success through structured economic, lead-generation, budget, and organizational models. It emphasizes the importance of setting clear goals for net income, gross closed income (GCI), cost of sales (COS), and operating expenses. The plan includes worksheets and guidelines for tracking progress over one year, three years, and long-term aspirations ('Someday' goals). Key strategies include lead generation techniques, accountability measures, and financial planning to ensure sustainable growth in a competitive market.

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What are the 4 models of Mrea?

For that, the book outlines 4 models the economic, lead generation, budget, and organizational models which are needed to grow and sustain a big business. Underneath these models are 3 core pillars (3L) which require clarity and focus.

What is the budget model in real estate?

The MREA budget model lays out expected costs and profit for various stages of your real estate career. For example, it gives you a benchmark for how much you should spend on marketing, salaries, and how much you should earn.

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