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The 3X Rule - Real Estate Team Operations #podcast #realestateteams #businessgrowth

Name: The 3X Rule - Real Estate Team Operations #podcast #realestateteams #businessgrowth
Uploaded: 2024-03-31T18:38:33+00:00
Duration: 6 s
Channel: Real Estate Team OS
Description: Short podcast clip from Real Estate Team OS discussing operational investment in real estate teams. The central claim: an operations team should produce…

31 Mar 2024 · 0 min

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Short podcast clip from Real Estate Team OS discussing operational investment in real estate teams. The central claim: an operations team should produce results (via systems like databases and touch plans) equal to three times the total of their salaries — i.e., operations should generate at least 3x ROI in leads or commission income. The clip includes an explanatory example about building touch plans tied to measurable lead/commission outcomes.

What should you be investing in operations inside your real estate business? And what can you expect in return? Here's a great rule of thumb.
So we teach, for example, the 3x rule that your your operations team should generate results with their systems that are three times the total of their salaries. So for example, I don't just build a database and a touch plan. I actually build a touch plan that's going to generate X amount of leads or X amount of commission income from from the business that comes from that.
More OPS insights with Christy Belt Grossman on Real Estate Team OS.