Recruiting has a price tag — signing support, onboarding time, marketing. Set it against the brokerage share of that agent’s production and see the break-even month. Editable examples throughout.
No — it is an editable example. Use your real number: signing bonus, onboarding labor, licensing support, first-quarter marketing, whatever you actually spend.
Whatever the brokerage keeps per side at your model — split, cap overage, transaction fee margin. If you run 100% models with flat fees, enter the fee as a percentage equivalent.
Months expose cash-flow reality: a hire that breaks even in 36 months is a very different bet than one at 6, at the identical annual contribution.