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Win in Real Estate with the Economic Model from The Millionaire Real Estate Agent

February 06, 20252 min read

If you’re serious about growing your real estate business, you need a clear plan to get there. That’s where the Economic Model from The Millionaire Real Estate Agent (MREA) comes in. When you follow the numbers, success becomes predictable.

What Is the Economic Model?

The Economic Model helps you map out exactly what it takes to hit your financial goals. Instead of just hoping for success, you create a plan that shows you how many deals you need, how many leads to generate, and what activities to focus on. It turns vague goals into a concrete strategy.

The Three Steps to Success

  1. Set Your Income Goal – Get crystal clear on how much money you want to make.

  2. Do the Math – How much commission do you earn per sale? How many sales do you need?

  3. Take Action – What lead-generating activities will get you there? Make a plan and stick to it.

How to Make It Work for You

  1. Decide How Much You Want to Earn – Don’t just hope for a good year. Set a real, tangible goal.

  2. Work Backward – Break it down. If you want to earn $250,000, and your average commission per sale is $10,000, you need 25 deals.

  3. Know Your Numbers – How many leads do you need to generate 25 deals? How many calls, meetings, or referrals will get you there?

  4. Stay on Track – Regularly check your progress. If something isn’t working, adjust and keep moving forward.

When you stop guessing and start tracking, your real estate business transforms. You’ll see exactly what’s working, what’s not, and how to hit your goals faster. No more hoping—just results.

If you don’t have an Economic Model in place, now is the time to build one. This system has helped countless agents scale their businesses, and it can do the same for you. Start today, follow the numbers, and watch your business grow!

Millionaire Real Estate AgentCheck out this book

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Seth Dailey

Seth is the Co-Founder of both The Dailey Group and Keller Williams Gateway in Baltimore, Maryland. He serves as the Operating Principal for the brokerage and as the team leader for The Dailey Group, which consistently helps over 150 families a year. Seth, a Montana native, is passionate about empowering leaders and teaching people to make smart financial moves. Prior to real estate, Seth held his CPA designation and worked as a mortgage lender before joining forces with his wife of 20 years, Alyce. Seth can usually be found at the nearest coffee shop with a personal growth book in hand while scribbling down his next great idea on the back of a napkin.

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