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Funding Your Unexpected Expenses

The cost of doing business is one of, if not the least, budgeted and under-budgeted items that most REALTORS® don’t take into consideration when developing their business plan. Unexpected expenses are almost never taken into consideration! Why? Because most agents never develop a financial business plan allocating where the dollars will be spent.

This webinar will show you how to add an allocation of funds line to your commission budget so you will always have money available for emergencies and not solely, if at all, have to rely on credit. There is a simple process that you can follow to help keep you on track and we will show you how to do it. Whether it is for unexpected business expenses or emergency car repairs, having money in the bank will keep the stress to a more manageable level.

Tim Vohar is a supervising broker for an office of 25 top producing agents in Norfolk, VA, as well as the Director or Education & Training for his firm of over 400 agents. Tim has been licensed for over 20 years and currently trains, educates, coaches, and mentors both experienced and newly licensed agents. He develops and writes training material including CE/PL and Broker Management courses. His real estate passion is ethics and agent empowerment and development.

This class does not meet Massachusetts Continuing Education requirements.