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SP ACTION (long one): OK… I figured out the math issue…. The featured inventory is the sum of prices on all of the slides (with a zero for the subject to offer deals), and the buy-side commission is the sum of fees on all of the slides (with a zero for the subject to offer deal that doesn’t have a fee, but $150k for the subject to offer deal that DOES list the fee). So, if we have deals without prices or fees (happened here) or leases without dollar amounts, then the numbers get screwy...
A few potential solutions here:
Only include deals for which we have dollar values AND dollar fee amounts (or calculatable amounts), round down, and make the numbers relative…. FEATURED INVENTORY: Over $68 million (round down to nearest million) BUY-SIDE COMMISSION: Over $750,000 (round down to nearest $50k; this excludes the $150k fee on the unpriced Denver deal) Make all of the numbers that we have rounded and approximate and don’t worry about total accuracy FEATURED INVENTORY: Over $68 million BUY-SIDE COMMISSION: Over $900,000 Add a field to the form for unpriced deals and for leases that requires the advisor to give us an estimated selling price and estimated buyside fee in dollars for any unpriced deal so that we can use it to get these numbers right. (in this case, the Denver deal would add about $15 mil in inventory to the list)
#3’s my favorite, but might be too unwieldy (and might generate a lot of back and forth email). #1 is the most accurate, but brings the numbers down. #2 might be the best marketing answer.
• According to the Bureau of Economic Analysis, the U.S. economy grew at an
annualized rate of 33.1% in the third quarter of 2020, the highest reading on
record. Of course, the third quarter rebound follows the worst single quarter
contraction on record, as annualized total output fell by 31.4% in Q2.
• Between Q4 2019 and Q2 2020, annualized Real GDP fell by a total of $2.0
Trillion. The third quarter’s reignition of activity recovered roughly two-thirds of
the ground lost, gaining back $1.3 Trillion. • Personal Consumption Expenditures,
the single largest GDP component, bounced back from an annualized -33.2%
contraction in Q2, posting a favorable 40.7% growth rate in Q3.
• Looking ahead, economists polled in the Wall Street Journal’s monthly
forecasting survey expect that the economy will expand at a more pedestrian
3.8% annualized rate in Q4
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