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Andrew Bosco
  • Rental Property Investor
  • NH
410
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426
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Income vs. Deal Goal

Andrew Bosco
  • Rental Property Investor
  • NH
Posted

Your income goal is a number. What you actually need is a deal count.

Most agents write down a dollar figure at the start of the year. $45K in agency income. $100K. $200K. Then they sit with it and wonder why nothing is moving by March.

The goal isn't wrong. The resolution is.

$45K in agency income at a $500K average sale price is three listings. That's it. Three listings.

Now you have something to work backwards from.

Three listings means you need a specific number of conversations. Those conversations come from a specific number of contacts. That contact volume requires a specific daily behavior.

Most agents set the dollar target and skip directly to hoping. The work is in the middle.

Here's the reverse-engineer I walk agents through:

  1. Name your income goal in dollars
  2. Divide by your average deal value (be honest — not your best year, your realistic average)
  3. Get your deal count
  4. Now ask: what pipeline do I need to produce that many deals?
  5. Work backwards to the daily action

This is the work that almost nobody does before January 2nd.

When I sit with agents and look at their goal sheets, this gap shows up constantly. The number is there. The path to the number is missing.

What's your deal count for the rest of this year? And what daily action does it trace back to?

#AgentToInvestor #RealEstateWealth #CandorInvestmentGroup

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Andrew Bosco - Candor Investment Group
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744
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Greg Kasmer
  • Rental Property Investor
  • Hinton, WV
485
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744
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Greg Kasmer
  • Rental Property Investor
  • Hinton, WV
Replied

@Andrew Bosco - As an investor, I find my underwriting amount directly ties to my number of offers and therefore the number of deals. I focus on underwriting first and then making offers as my next KPI for my goals. Thanks!

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