Real estate basic 2026

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The document outlines a structured business plan for a real estate professional, detailing steps to set income and transaction goals, calculate weekly prospecting needs for listings and buyers, and determine necessary contacts per week. It includes specific calculations for income targets, commission splits, closed transactions, and weekly contact requirements based on various prospecting sources.

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Click ‘Get Form’ to open the real estate basic document in the editor.
Begin by setting your income and closed sides goals. Fill in your desired income goal, average sales price, and commission rates in the designated fields. Calculate your average gross commission per side and determine how many transactions you need to close.
Next, calculate the prospects needed per week. Use the provided formulas to determine listings sold needed and listing presentations required. Ensure you input accurate data for a precise outcome.
Finally, assess the 'People Contacts' needed per week for both sellers and buyers. Input your prospecting sources and their respective percentages to calculate how many contacts are necessary weekly.

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