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 Sales v PM
 Selling Principal or Non-Selling Principal
 Growth Focus or Succession Focus
 Big or boutique [including multi-office]
 Multiple Principals
 Franchise or Independent
SALES PROP MGMT PRINCIPALS ADMIN /
SHARED
TOTAL
Income $ $ $ $ $
- Variable
Expenses
% % % % %
= GROSS PROFIT $ $ $ $ $
- Fixed
Expenses
$ $ $ $ $
= NET PROFIT $ $ $ $ $
SALES PROP MGMT PRINCIPALS ADMIN TOTAL
Income $ $ $ $ $
- Variable
Expenses
% % % % %
= GROSS PROFIT $ $ $ $ $
- Fixed
Expenses
$ $ $ $ $
= NET PROFIT $ $ $ $ $
%
Appropriate
Leader
Support
WIFM
Believe
Capable
Need
0%
10%
20%
30%
40%
50%
60%
70%
Jan-15
Jan-14
the price that would be negotiated between
 knowledgeable & willing but not anxious buyer and …
 knowledgeable & willing but not anxious seller
in an open and unrestricted market
acting at arms length
within a reasonable timeframe
Allow up to 12
months
vendor finance?
2-5 years out
2-5 years out
Small business
CGT concessions
Liability limited under a scheme approved by professional standards legislation.
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal
Lifecycle of a Real Estate Principal

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Lifecycle of a Real Estate Principal