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| Welcome to Real Business Guide |
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Real Estate Business Planning For Real Estate Professionals
Do not confuse business planning with goal setting. Anyone in real estate can set goals, but
professional owners, brokers, managers and agents build real plans. Business planning is the
road map that calculates how many transactions you must close, what your total overhead cost
per transaction is and how many activities you must complete to meet your income goal.
Most real estate professionals recognize that working in real estate brokerage is a business,
not a hobby. But few apply basic business principles to their real estate business. Even Agents
and Brokers who value setting goals and defining specific objectives for their business often
lack the time and expertise to develop a comprehensive budget and business plan.
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What are Real Estate Business Plans?
In summary, real estate business plans outline and evaluate all aspects of your real estate
business venture and provides you a specific roadmap and process on how to achieve your goals.
A good business plan starts with your "Wish List" i.e. how much you wish to earn and then guides
you through the process of examining the key aspects of generating positive income: Revenue,
Expenses and Business Development.
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What Plan is right for Your Real Estate Business?
There are three different versions of the Create A Plan Business Planning Tool:
Silver, Gold and Platinum. Each version of our award winning business planning
software is designed to solve the needs of a specific component in the real estate
industry.
The Silver Business Plan version is designed specifically for Real Estate Agents
and Sales Associates. Create A Plan Silver will focus your business on the activities
needed to meet your income goal. Agents, Sales Associates and Realtors can quickly and
easily make a business plan and follow the weekly reminders to achieve their income goal.
Create A Plan Gold is designed for the Real Estate Broker or Manager who wants to add
accountability to their agents' business practice. The Gold version is ideal for brokerage
offices that play an integral role in the success and development of their agents and sales
associates. The Gold version works in conjunction with the Silver version to provide Managers
and Brokers with the tools and information to help build careers.
Create A Plan Platinum is the latest version in the Create A Plan Business Planning suite
and is focused on designing business and strategic plans for Broker Owners and Companies.
This business planning tool helps owners design effective commission, revenue and fee
structures as well as different recruiting strategies for the office. Additionally,
Platinum has powerful built-in scenarios runners to see the effects of the changing market.
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