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Want a $1 Million Year? It Takes 54 Closings, Not a Better Brokerage Announcement.

Natalie Chen breaks down a hypothetical $1 million gross-commission year, including closing targets, splits, conversion rates, expenses and client service.

Want a $1 Million Year? It Takes 54 Closings, Not a Better Brokerage Announcement.

Opinion Photo: Avi Werde / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. A $1 million year sounds like a dream. Put it on paper and it turns into a math problem. That is the right place to start. Not with a new brokerage, a new logo or a new lead source, but with the number of closings the goal actually requires. Here is a simple hypothetical. Assume a $750,000 average sale price and 2.5%…

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