Your first consideration is “How much did you invest in your real estate business last year and what was your ROI?  Secondly, what were the dollars that produced “results”!  Start making a list of your activities, dollars spent and what were the results!

Here is your measuring stick and rules:

* You must constantly be measuring because you can’t manage what you don’t measure.
* Look at your past expenses and determine if you received a favorable return on the investments in your business.
* Simply focus dollars in the areas that generate a result.
* A rule of thumb for marketing dollars:  You should invest a minimum of 15% of your gross income (dollars before commission split and or fees to your broker) in marketing dollars.

If you would like some assistance in creating a budget, give me a call! Let’s make it work!

68% of the total  condo sales in the Aventura area are below $300,000. The $300,000 and below price range accounts for 39% of the condos currently on the market in Aventura.

We also have seen a decrease in the number of listings on the market . This is an indicator that the market may be changing for the better.  18 months ago we had  a 33 month supply of condos in Aventura to sell . Today we have an 18  month supply which is much  healthier number.

Before you know it we will be on the upswing with more selling and less inventory.

Are you getting this information from your broker?  This information and anaylsis can keep you a step ahead of your  competition.