Yes, you can write your own business plan with an existing template.This means that you will use an existing real estate agency business plan to go about yours.
Spend no more than 60 minutes at a time with these steps. Choose one of those dream priorities from the first question above and scribble it down. Answer this question: What are your three greatest strengths that will contribute to your success in 2012? Consider what shortcomings are costing you money now and how you would increase your production if you improved them. Identify clear indicators of your strengthened skills that you should see by the end of 2012. Quickly, and without analysis, figure out the amount of income, sales volume, and number of sales that would demonstrate you are well on your way to the success you envision.
Complete this plan in a series of brief sessions over at least 30 days. Write what you’d like to accomplish in that area by the end of each month in the next year, January through December. Translate your answer into all three: income, sales volume, and number of sales. If you are an experienced practitioner, multiply the number of sales you want from the above question by 2; if you’re still new to real estate, multiply by 3. (For example, 20 sales x 2 = 40, and 40 divided by 40 = 1.) That is how many new clients you need each week to achieve your goal. Choose which activities for #12 will be completed weekly. Hold a 30- to 60-minute business plan update session. Pump yourself up: Weird but true, your physiology will dictate the success of your planning sessions.
And remember: The person with the best plan does not win. Targeting the desired results stimulates motivation and provides insight into what is working in your business and what needs your attention.
Rich Levin is a national real estate speaker and sales coach.
The Bureau of Labor Statistics projects 11.1 percent job growth for real estate sales agents between 20, which is about as fast as average.
During that time, an additional 38,000 jobs will open up.
This allows for your creativity and insight to rise and anxiety to fall. In the example, that means one new client each week for 40 weeks. Write down your sales volume and number of sales goals for 2012 from #8. Choose which activities you’ll complete daily and schedule them day by day. Choose the day of the week to spend 30 to 60 minutes on that activity. For example, on Mondays you follow up on all your leads. On Wednesdays, you invest time in your print marketing. So, when you start, and each time you move on to a new step, put yourself in a proud frame of mind.
If you finish this simple planning process before the beginning of 2012, you’ll have your best year ever (or best for a long time). That means standing up, stretching way up, left, right, and back. Then, put your shoulders back, stomach in (you’ll feel it even if it still sticks out), and chest out. * The first key to success: Focus on results instead of activities.
If you want to want to take out a loan, bring on a business partner, or more you`ll need a solid plan in order. However, writing a business plan isn`t easy and not everyone knows exactly what the business plan should outline.
What`s even more confusing is that no two business plans should look the same.