Agent Name Date
Proposed Yearly Budget Sample 2011 2012 Federal Income Tax Rates 2012
Agent Gross Commission Income Goal $ 75,000.00 Tax Bracket Married Filing Jointly Single
15% Bracket $0 – $70,040 $0 – $35,020
Operational Expenses 28% Bracket $70,040 – $141,419 $35,020 – $84,872
Assistant Expense 31% Bracket $141,419 – $215,528 $84,872 – $177,006
Auto Expense 36% Bracket $215,528 – $384,860 $177,006 – $384,860
Gasoline $ 5,000.00 39.6% Bracket Over $384,860 Over $384,860
Insurance $ 400.00
Lease Payment $ 4,000.00 Oregon State Income Tax Rates 2012
Maintenance $ 1,000.00 Tax Bracket Married Filing Jointly and Single
Blog $ 100.00 9% Bracket $7,650 - $125,000
Brochures $ 200.00 10.8% Bracket $125,000 - $250,000
BrokerTec (Technology) $ 900.00 11% Bracket Over $250,000
Business Cards $ 340.00
Cell Phone $ 600.00 Notes
Client Gifts $ 250.00
Client Meals $ 250.00
Computer $ 300.00
Copy Expenses $ 500.00
Desk Fee
Education/Seminars/Convention $ 500.00
Forms $ 200.00
Insurance (Health) $ 6,000.00
Insurance (Business) $ 350.00
Lockboxes $ 500.00
Miscellaneous $ -
Non-Prudential Website $ -
Office Supplies $ 250.00
OREA $ 110.00
Photography $ 250.00
PMAR $ 400.00
Postage/Delivery $ 300.00
Print Advertising $ 500.00
Publications $ 500.00
RMLS $ 500.00
Signs
Post Instalation $ 500.00
Flyer Box $ 300.00
Post Removal $ 250.00
Sign Renewal (every 6 months) $ 150.00
Sign Riders $ 100.00
Transaction Coordination $ 500.00
Total Operating Expenses $ 26,000.00 $ - $ -
Expense Percentage of Income (Target 25-35%) 34.67% #DIV/0! #DIV/0!
Profit Before Taxes $ 49,000.00 $ - $ -
State Plus Federal Income Tax Rate 24% 24% 24%
Tax Savings $ 11,760.00 $ - $ -
Net Profit After Taxes $ 37,240.00 $ - $ -
Agent Name Date
Proposed Cash Flow Sample 2012 Federal Income Tax Rates 2012
Tax Bracket Married Filing Jointly Single
Estimated Number of Transaction Closed 12 24 15% Bracket $0 – $70,040 $0 – $35,020
% of business in Winter 10% 1 2 28% Bracket $70,040 – $141,419 $35,020 – $84,872
% of business in Spring 30% 4 7 31% Bracket $141,419 – $215,528 $84,872 – $177,006
36% Bracket $215,528 – $384,860 $177,006 – $384,860
% of business in Summer 40% 5 10
% of business in Fall 20% 2 5 39.6% Bracket Over $384,860 Over $384,860
******Must equal 100% 100% 12 24
Oregon State Income Tax Rates 2012
Tax Bracket Married Filing Jointly and Single
Average Agent Gross Commission Check $ 6,250.00 $ 6,250.00 9% Bracket $7,650 - $125,000
10.8% Bracket $125,000 - $250,000
Agent Gross Commission Income Goal $ 75,000.00 $ 150,000.00 11% Bracket Over $250,000
Estimated Operational Expenses 35% $ (26,000.00) $ (52,000.00) Notes
Estimated Income Before Taxes $ 49,000.00 $ 98,000.00
Average Agent Income Per Closing Before Taxes $ 4,083.33 $ 4,083.33
Average Tax Savings Per Closing 24% $ 980.00 $ 980.00
Average Agent Income After Taxes $ 3,103.33 $ 3,103.33
Approximate Monthly Cash Flow After Expenses
January $ 1,241.33 $ 2,482.67
February $ 1,241.33 $ 2,482.67
March $ 3,724.00 $ 7,448.00
April $ 3,724.00 $ 7,448.00
May $ 3,724.00 $ 7,448.00
June $ 4,965.33 $ 9,930.67
July $ 4,965.33 $ 9,930.67
August $ 4,965.33 $ 9,930.67
September $ 2,482.67 $ 4,965.33
October $ 2,482.67 $ 4,965.33
November $ 2,482.67 $ 4,965.33
December $ 1,241.33 $ 2,482.67
Annual Cash Flow After Expenses $ 37,240.00 $ 74,480.00
ACTIVE LISTING
GROSS AGENT COMPANY TRANSACTION TRANSITIONAL COORDINATOR AGENT NET SAVINGS OR TAKE HOME
FILE # LIST DATE CLIENT ADDRESS LIST PRICE SALES PRICE COMM. % GROSS PAY REF. % REFERRAL FEE PREA FEES TAX
COMMISSION SPLIT DOLLAR FEE YOUTH FEES COMMISSION GIFT PAY
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
Total $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
PENDING SALES
REF. REFERRAL GROSS AGENT COMPANY TRANSACTION TRANSITIONAL COORDINATOR AGENT NET SAVINGS OR TAKE HOME
FILE # EST. COE CLIENT ADDRESS LIST PRICE SALES PRICE COMM. % GROSS PAY PREA FEES TAX
% FEE COMMISSION SPLIT DOLLAR FEE YOUTH FEES COMMISSION GIFT PAY
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
Total $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
CLOSED TRANSACTIONS
CLOSED REF. REFERRAL GROSS AGENT COMPANY TRANSACTION TRANSITIONAL COORDINATOR AGENT NET SAVINGS OR TAKE HOME
FILE # CLIENT ADDRESS LIST PRICE SALES PRICE COMM. % GROSS PAY PREA FEES TAX
DATE % FEE COMMISSION SPLIT DOLLAR FEE YOUTH FEES COMMISSION GIFT PAY
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $ -
$ -
Total $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Average $ - $ - 0.00% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
TAXE RATE 24.00%
SAVINGS/GIFT 10.00%
# OF CLOSED SALES 1
ONLY ENTER INFORMATION INTO A GREEN HI-LIGHTED