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How many homes must you sell at your average commission rate to break even by your target goal?
And how the 3 priorities will help me achieve my big overall goal.
There are only so many marketing ideas and concepts you can put into your business plan.
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.
Can’t see how this real estate business plan template works?
Here’s an example: You can see how I picked 5 things to support each priority.When your starting out, you need to focus on getting your first 10 clients to say yes.You need to find 10 people that want you to be their agent. You need to get short, small wins before you tackle big wins.An optimal business plan for real estate agents includes firm goals, but it’s also fluid — you’ll want to update your real estate business plan as you grow and the market evolves.A real estate business plan allows you to stay current with market trends and ahead of the competition.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.Clearly defined goals with a number to hit will also motivate your competitive side.Once you have three of these written down, it’s time to decide how you’re going to hit those numbers.This is a lot different than when you’re 5 years into the business. I highly suggest picking marketing ideas that match where you are in the business. Here are some links to the best articles on real estate marketing and lead gen…They will help you find comprehensive guides to the business marketing plans and business plans around.For example: Real estate SEO is a great tactic for a 5 year old business to put on their business plan. Whether you’re a startup or established business working on your mission and vision statements, these articles should help you: Finally, you’re going to have to start doing different activities during your day if you want to achieve everything you’ve laid out in your real estate business plan.