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Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Happily Retired )

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Ambassador
5,487,078
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

About 50% - but, remember, I keep 3 other locals employed and that is a good portion of it.  And I'm big on client appreciation (parties and gifts)!  I also do a lot of mailings so, that is my 3rd largest expense.  

I don't spend money frivolously but, I do spend it generously.  Keeping my 3 assistants employed is very important to me and as long as I am alive and have a business, I plan to keep them that way!

What about you, Barbara Todaro?

May 08, 2017 01:28 PM
Ambassador
6,687,212
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Most of it is reabsorbed into the machine, very little for marketing but lots for people, equipment, travel, and donations.

May 08, 2017 05:40 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Barbara Todaro About 25% give or take.

May 08, 2017 11:36 AM
Ambassador
2,708,028
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

10% to 15%

May 08, 2017 06:17 PM
Ambassador
3,430,182
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Average is between 15 and 20%

May 08, 2017 05:50 PM
Rainmaker
5,774,100
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Barbara,

It really depends on the marketplace, I have surveyed our clients in the luxury industry and your numbers are close.  A

May 08, 2017 05:31 PM
Rainmaker
2,473,997
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Roughly 40% is the average over the past several years but that includes salary for one of my daughters.

May 08, 2017 02:27 PM
Rainmaker
809,308
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Not much Barbara.  For years our accountant was shocked at how little we had in terms of business write offs.   Last year our total line-item write offs were 10.7% and that included all write offs - home office, vehicle, promotional, office supples & software, dues & fees, etc - not just marketing costs.  We run a pretty lean business. -Kasey

May 08, 2017 01:22 PM
Rainmaker
8,150,772
Roy Kelley
Retired - Gaithersburg, MD

No more investments for me.

May 08, 2017 12:31 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

It's fairly sizeable. At least 25%.

May 08, 2017 12:22 PM
Rainmaker
1,751,737
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Oh! I need income? I'd better check to see where that money is going!

May 09, 2017 07:37 AM
Rainmaker
602,025
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I would say we are probably in the neighborhood of around 15 - 20%. It's not as much as others suggest but we are very happy with our level of growth and don't want to expand a lot.

May 09, 2017 05:50 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

+/- 15%

May 09, 2017 05:39 AM
Rainmaker
3,074,389
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Fred Griffin nailed this one!

May 09, 2017 05:11 AM
Rainmaker
1,618,024
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I do about 25%

May 09, 2017 03:47 AM
Rainmaker
4,322,035
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Barbara Todaro - at least 20%.

May 08, 2017 10:20 PM
Rainmaker
5,199,691
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I invest 25%                          back into it

 

May 08, 2017 08:45 PM
Ambassador
5,167,137
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Generally about 30%

May 08, 2017 08:17 PM
Rainer
259,105
Mick Michaud
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!

Since I'm in startup mode, almost all of it.  Good question though for established offices and their respective business models.

May 08, 2017 08:11 PM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

15% or so

May 08, 2017 08:03 PM
Rainmaker
3,988,138
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Since so much of my business is referral and past clients I no longer spend but 20% or so. It works for me as I am no longer trying to grow my business and do not want a team.

May 08, 2017 07:59 PM
Rainmaker
983,314
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I'm a big believer in investing back into business, especially if there is quantifiable ROMI. I invest 25-50% of monthly proceeds (depending on the month and what I'm doing). I'm in a different business and it IS paying off!

Remember; investment from proceeds going back into the business is not taxable, depending on the tax bracket one is in, it could mean that most of the money going back in would of otherwise been paid in taxes (for those in the high tax bracket). As long as it has a high ROI or ROMI, it's a good thing to do in my book.

May 08, 2017 06:56 PM
Rainmaker
1,538,464
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Minimal.  Not sure on the percentage, but I know advertising is minimal.

May 08, 2017 04:49 PM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

That seems way too high for marketing expense. When you add in dues and subscriptions and taxes what do you have left? You would have to do a large volume.

May 08, 2017 02:53 PM
Rainmaker
1,258,819
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

About 10% is what I do

May 08, 2017 01:47 PM
Rainmaker
1,009,328
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

It depends if I am doing a website upgrade like this year

May 08, 2017 01:43 PM
Rainmaker
5,115,057
Richard Weeks
Dallas, TX
REALTOR®, Broker

Before I got into management my marketing budget was 10% of my commission.

May 08, 2017 01:07 PM
Rainmaker
2,848,479
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Very little and that is limited to hard items like cell phone/laptop etc.

May 08, 2017 12:58 PM
Rainmaker
864,758
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

10%

After reading how much you put back, I see that I need to increase my percentage.

May 10, 2017 01:34 PM
Rainmaker
6,003,885
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Barbara, I too see about 30-35% going back out for advertising.  That does not include buying computers or other technology to aid to my business.

May 10, 2017 07:44 AM