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From making pitches that can sell properties effectively, to creating compelling presentations that will draw in more funding. Surprisingly, many entrepreneurs still think that business plans are just for startups, or just another document for loan applications. The truth is, business plans can do so much more to a business, especially one in the real estate sector where businesses need to be strategic, competitive and recession-proof. This tool allows you to take a step back and look at the larger picture.This real estate tool is designed to offer just that. Set priorities Real estate sector can be chaotic, and it’s easy to get lost amidst the noise.Track your Milestones and Metrics Think of your real estate business plan as your go-to GPS.
You can use your business plan to put your numbers and indicators in perspective.
This template has several sections that help you put everything into perspective.
For example, a good selection would be: [Short-term] Increase my expired prospecting by hiring a seller listing agent [Middle-term] Invest in a Lead Site and focus on SEO growth [Longer-Term] Implement an automated email sequence that stays in touch with all leads If you’re in need of ideas for this section of the real estate business plan, here’s a list of them: The key with this section is to be actionable in your approach. …instead say “Have 1,000 Likes On My Facebook Page” Or better yet: “Have 500 people visit my lead capture website from Facebook monthly” These actionable goals within your priority will guide your daily tasks.
They will tell you what to do when and how to do it.
The final thing you have to do with your real estate business plan is put the nuts & bolts together.
This is the section where you take your three big priorities and layout how they will be achieved.These include: Title Page This is the first page of this business plan template. Highlight your strengths and core competencies in this section.Be sure to use a captivating image that speaks about your business. Use concise words that will help direct the growth of your business. Team Highlight the qualification of your team members.For example, a person who is focusing on capturing 50 web leads for month might have the following 5 strategies for their priority: Here’s a hint: The articles we write at Easy Agent Pro are usually strategy based. Simply go look for 5 Easy Agent Pro articles, and you’ll instantly have 5 strategies to implement to achieve your social media goals.Bonus: If you really want to make progress with this real estate business plan, you’ll want to establish deadlines for everything on your plan.Having a good real estate business plan is the first step to achieving and exceeding your professional goals.A solid business plan will help you put actionable plans on paper, define your objectives and determine the number of deals you need to close to reach your financial targets.You can embed it into your site using a single code snippet.This will automatically adapt it to the width of your site. Goal: ,000 in revenue by end of 2015 Priorities: Capture 100 leads per month with a website within 3 months, Prospect from 9am to 11am everyday starting now, and Send 5 piece of mail to every expired listing starting now Do you see how all of those tasks have a deadline associated with them?That will hold you accountable and help you see better results with your marketing.