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Something new at Real Estate Base Camp

By
Education & Training with Real Estate Base Camp

Since I started Base Camp about 1 ½ years ago and have been teaching live classes, I have noticed a real need for some tools to help agents organize their business.

When we discuss business planning in class, only about 1/4 - 1/3 of the agents in class have written business plans. Of those agents who do have plans, only about 50% of those agents have broken down their plans into how many prospects they need to accomplish their financial goals. Many agents stop their planning at how much money they want to make and how many transactions they need.

On the Real Estate Base Camp web site, we have placed a FREE, downloadable calculator to help agents determine how many prospects they need to reach their goals.

  • Go to: www.rebasecamp.com
  • Click on “The Right Tools for the Job”
  • Click on Products and download the calculator

We also have a Business Plan that you can purchase for a nominal fee if you don’t have a good template for your annual business plan. Many of the top agents begin their planning process in November to jump start their next year.

The other tool that is missing is a budget. Often, I will ask in class, “How many of you know how much money you have made year to date?” Truly, about ½ of the agents in class can tell me. The next question seems more of a challenge. When I ask, “How many of you know how much money you have spent on marketing year to date?” almost no one knows! You really want to run your business like a business. You also want to be able to know what kind of results your marketing dollars are yielding-what’s working and what’s not. There is a FREE sample budget on our web site that you can download and use. I would also encourage you to use analytics to measure your results. Google has very effective and FREE analytics tools.

Let us know how helpful you find the tools. We are committed to helping you make it to the top!

Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

In the classes I've been teaching, most people can't even tell me how many people are in their database!  One guy has been in the business over 25 years and said he only had about 50 people.  Huh?  You can't even survive on referrals from "only" 50 people!

Oct 20, 2009 07:39 AM
Anonymous
Claudia Wicks

Donna,

When people first got into the business many years ago, no one talked about building a database. Everyone was taught the"30 day mentality" - go out and find a buyer and/or seller who is ready to act within the next 30 days. That can work, but it is a frustrating way to do business. It is like starting your real estate career new every day. I am so glad you agreed to participate in my new book and share your story: the way you built a database and stayed in touch, the way you generate the majority of your business online. It is smart business for today. The agents who have built a database tell me that it was their goldmine in this difficult market.

Keep teaching, Donna, you are a star!

Oct 20, 2009 08:33 AM
#2
Raymond Gravelle
Moses Lake, WA

Claudia- you really know how to listen to agents and what they need. Such a gift. And now you have taken what you heard agents need and create simple, easy to understand tools to run our businesses like a business.

We can't wait to see what you've got next...

--Raymond

Oct 25, 2009 04:41 PM
Tracie Mason
Agent Assistant Network - Seattle, WA
Holton, Coach & Virtual Assistant

I always thought this was such an important tool.  Thanks for sharing it!

 

Dec 15, 2009 02:36 PM