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Mrea economic model spreadsheet

Mrea budget model spreadsheet 2026

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The document is a comprehensive business plan for real estate agents, specifically designed to help them achieve significant financial success. It outlines various models including economic, lead-generation, budget, and organizational strategies that agents can use to set and reach their goals. The plan emphasizes the importance of understanding key metrics such as Gross Closed Income (GCI), Cost of Sales (COS), and Operating Expenses while providing worksheets and guidelines for tracking progress over one, three, and long-term periods. Additionally, it includes accountability measures and action plans to ensure consistent performance in lead generation and overall business management.

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Click ‘Get Form’ to open the mrea budget model spreadsheet in the editor.
Begin by entering your annual Net Income goal in the designated field. This is crucial for calculating your Gross Closed Income (GCI).
Next, determine your GCI, Cost of Sales (COS), and Operating Expenses based on your Net Income goal. Use the provided formulas to calculate these values.
Fill in the Gross Revenue from Sellers and Buyers by dividing your total revenue equally between them. This will help you understand where your income is coming from.
Calculate Seller Sold Volume and Buyer Sold Volume by dividing the respective Gross Revenues by your average commission rate. Enter these figures into their respective fields.
Continue filling out the form by estimating your Average Sales Price and determining how many listings you need to sell based on this price.
Finally, review all entries for accuracy before saving or exporting your completed budget model.

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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.