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3 Steps to Managing Money in Your Real Estate Business
Money management is an important skill for budgeting and to keep afloat in this commission-driven profession especially during the initial phase of launching your real estate business. As a new real estate agent, you must deal with the unpredictability of when and how much you earn. Past jobs guaranteed regular paychecks with tax deductions, so you knew what you could spend. But as a real estate agent, you will not receive paychecks, tax withholdings, or retirement savings. You are in business for yourself, in many ways like an independent contractor. Managing your money carefully will increase your chances of success.
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