ABOUT THIS EPISODE
What if the most important 10 to 15 hours you spend in your brokerage this year have nothing to do with recruiting, listings, or closings?
In this episode of The Profitable Broker, Wayne Einhorn explains why the next decade could be the best ever for real estate brokerages, and how to create your brokerage business plan and budget for 2027 starting now. He walks through where to start, the five numbers to review from this year, and how to produce a budget and strategic plan that work together.
Inside This Episode:
- Why the next 10 years look so promising for brokers
- When to start planning, and the December deadline to aim for
- The three purposes of a business, and how your internal vision differs from your external vision
- The five key indicators to review before you plan: recruits, attrition and where agents went, average margin contribution per person, net profit margin, and expense buckets
- The two outcomes every planning process should deliver, and why they must be linked
Key Takeaway:
Planning isn't as daunting as it seems. Start with what happened this year, then build a budget that estimates monthly revenue and a strategic plan that explains how you'll earn it and where you'll invest your expenses. With the right structure, Wayne's experience is that it takes about 10 to 15 hours.
Next Steps:
Aim to have your budget and strategic plan finished before the December holiday season begins. If you feel overwhelmed, book a free consultation with one of the Inner Circle Broker Coaching coaches and get access to their free planning tools.
Ready to take your planning further? Join us at the ICBC Broker Owner Summit, November 10-11 at the Palmetto Marriott Resort & Spa, FL. You'll compare notes with broker-owners from independent firms, regional brands, and national franchises. That mix is where the best ideas come from.
→ Get your tickets here: https://icbcbrokerownersummit.com
CONNECT & LEARN MORE:
Want more on how Wayne helps brokers recruit, retain, and grow profitable brokerages:
→ https://innercirclebrokercoaching.com
CONNECT WITH WAYNE ON SOCIAL MEDIA:
→ LinkedIn: https://www.linkedin.com/in/wayne-einhorn-8236428/
→ Facebook: https://www.facebook.com/innercirclebrokercoaching
→ Instagram: https://www.instagram.com/wayne_einhorn/