Transaction Coordination Calculator
This Calculator will help you determine the break even point between hiring a contract coordinator and a full time employee.
We Can Save You
$0 Per Year
|TWIN CITIES TC Vs. Employee Without Pension or Healthcare||Saved With TWIN CITIES TC|
|Annual Investment With TWIN CITIES TC||$0|
|Cost To Hire New/Inexperienced Assistant||$37970.20||$0|
|Cost To Hire Experienced Assistant||$50627.20||$0|
|Cost To Hire Expert Assistant||$63284||$0|
|Employee Cost Averages In MN|
|Est. Cost %||New||Experienced||Expert|
|Gross Yearly Salary||$31,200||$41600||$52000|
|Time Off (2 Weeks Paid)||6.2||$1934.4||$2579.2||$3224|
|Hours Worked Per Year||2080|
|Total Cost of Employee with All Optionals||$41883||$55577.6||$69472|
|Total Cost Without Optionals||$37970.2||$50627.2||$63284|
Opportunity Cost Calculator
This calculator will help you uncover how much additional revenue you can generate with the right support.
Opportunity Cost |
|Total Annual Transactions(From Above)||Average Hours To Manage Paperwork||Hours Needed to Generate 1 Deal||TC Can Help Make Room For||Total Opportunity Cost For Not Hiring a TC||Opportunity Cost MINUS Contracted Cost||We Can Save You|
|0||8||0||0||$0||$0||0 Hours Per Year|
NOTE: Contracted cost is TOTAL number of transactions multiplied by $350 (Average coordination price, 50% Buyer - 50% listing.
NOTE: Hours per Deal: Number of hours you work per week times 52 weeks per year = Total Hours worked per year divided by total number of transaction closed per year = Average Total Time you work to generate, nurture and close each transaction.