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DEI Associate Standard
Operating Expenses
|
|
Category
|
% of GCI
|
Expense Items Included |
Comments |
| General & Administrative |
4.50%
|
Franchise Fees, Bank Fees, Contributions, Other Expenses, Miscellaneous
Expenses, Insurance, Bad Debts, Farm & Auction, Petty Cash, Taxes
(Not Income), Ledger Adjustment |
|
| Advertising & Promotions |
21.00%
|
Advertising, Promotions, Signs, Marketing, Kiosks, Brochures,
Flyers |
This expense category may be slightly higher when working with
higher priced properties. |
| Occupancy |
4.00%
|
Rent, Utilities, Janitorial, Repair & Maint - Facility, Depreciation
- Bldg & Leasehold Improvements, R E Taxes, Property Insurance,
Supplies - Bldg |
|
| Communications |
2.50%
|
Telephone, Equipment, Unit Calls, Mail, Postage, Fax Print Copies,
Long Distance |
|
| Professional Fees & Expenses |
1.50%
|
Legal, Accounting, Consulting |
|
| Sales Team |
35.00%
|
Salaries, Wages, S S Taxes, Unemployment Taxes, Health Insurance,
Workman’s Compensation, Retirement Benefits, Employee Benefits,
Casual Labor |
This expense may be slightly higher when working with a high number
of units. |
| Office Supplies & Expenses |
4.00%
|
Stationary, Forms, Equipment, Furniture, Depreciation, Leases
Equipment, Maintenance Equipment, Computers, Software, Web Development,
Internet Access, Computer Consulting |
|
| Education |
0.50%
|
Training, Recruiting, Education |
|
| Travel & Entertainment |
3.00%
|
Auto, Meals, Travel, Entertainment, Auto Insurance, Fuel, Auto-Service |
|
| Selling & Listing Expenses |
4.00%
|
Relo, MLS, Dues & Subscriptions, E & O Insurance, Licenses, Awards,
Permits, Gifts, Filing Fees, Listing Expenses, Selling Expenses |
|
| TOTAL OPERATING EXPENSES |
80.00%
|
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Revised January 22, 2006
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Download this standard as a PDF suitable for printing.
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Drexannecdotes
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to keep that compensation attractive but the overall company profitable.”
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“...you have to be making money before someone will come in and
pay for anything but your desks and chairs and equipment.”
Read more... |
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