What budgeting tips help real estate agents manage expenses smartly?

Agents should track all commissions, splits, marketing expenses, and taxes weekly to understand true profitability. Using simple GCI-to-net calculators provides clarity. Prioritizing high-ROI lead sources and automating repetitive tasks lowers expenses. Maintaining a tight budget aligned with income prevents overspending. Smart budgeting ensures one sale a month can cover living costs without financial stress.