What Should A Realtor Spend On Marketing, And What Are The Best Strategies?
What percentage of a real estate agent's income should be spent on marketing? There is no definite reply to this question. There are several methods to spend money on marketing, each of which will yield a varied amount of return based on the sort of marketing used.
Make a marketing budget for real estate
Strategy 1: 10% of the GCI from the previous year
If you're an experienced real estate agent who's still unsure how much to spend on marketing, begin by budgeting 10% of your preceding year's gross commission for the next year. This is a well-known industrial rule of thumb.
