When you run your own Brokerage, your company is responsible to follow up on contracts, commission payments, marketing strategies, training, recruitment, retention and all the aspects needed to keep a business running properly. Trying to keep up can leave you feeling burned out. That’s why running your own office comes with a significant financial cost that it’s important to evaluate.

According to FORBES Magazine: “Rent and property taxes can run as high as 35%; equipment and supplies up to 20%; marketing and advertising up to 20%. Listing fees, insurance and other items will chew up a few more percentage points. While the most profitable brokerages can clock pretax margins in the 20% range, anything above 5% is considered respectable”. - Forbes.