Profit First for Real Estate Agents

Take control of your finances with the profit first real estate system designed specifically for agents and brokers. This practical guide adapts the acclaimed Profit First methodology to the unique challenges of real estate professionals, helping you build a sustainable business and enjoy consistent personal income—no matter the market conditions.

What You’ll Learn

• Implementing the Profit First cash management system
• Setting up income, profit, tax, and operating expense accounts
• Creating predictable income streams from fluctuating commissions
• Avoiding common financial pitfalls in real estate
• Building a sustainable and profitable real estate business
• Mindset shifts to treat your business like a CEO

Requirements

• No prior financial background required
• Suitable for new and experienced real estate agents
• Basic understanding of real estate commissions and expenses is helpful

Book Description

This profit first real estate guide transforms the way agents handle money. Written in collaboration with successful agents and financial coaches, the book walks you through a proven, step-by-step framework that prioritizes profitability. Rather than waiting until the end of the year to see what’s left, you’ll learn to pay yourself first and allocate funds smartly from every commission check.

With real-world examples, templates, and actionable strategies, this book enables you to gain financial confidence, eliminate stress, and plan for long-term business growth. Whether you struggle with inconsistent income or lack a budgeting system, this resource empowers you to thrive financially—regardless of the market cycle.

About the Authors

Adapted from Mike Michalowicz’s best-selling Profit First system, this edition for real estate professionals is authored by industry insiders who understand the complexities of commission-based income. Their expertise offers real-world advice tailored to real estate entrepreneurs.

Explore These Valuable Resources

• Official Profit First Website
• National Association of REALTORS® (NAR)
• BiggerPockets: Real Estate Finance and Strategy

Explore Related Courses

• Real Estate Financial Fundamentals
• Entrepreneur Mindset Strategies
• Business Budgeting Techniques
• Cash Flow Management for Agents
• Income Stability for Commission Earners