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Successful Agents Build Better Business Plans

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Real Estate Technology with Imagine WOW! Digital Marketing Agency

 

Business Plan SuccessAs 2011 winds down, many agents find that building a business plan for the coming year is easier said then done. Creating your 2012 business plan may feel like an overwhelming task, especially when you stare face down into a blank sheet of paper.

The truth is that treating your business plan as a clean slate offers a fresh start.  You now have the opportunity to decide what your future will look like.

Plan for Success

Whether you are new to the real estate industry or an established agent, designing rather then dreaming about your future is vital to your success.  Simply put, a business plan is a snapshot of what you are about, what matters most to you and where you plan on focusing your energy and attention.

At Better Homes and Gardens® Real Estate we are committed to bringing you the latest technology and tools to simplify this must-do task.  Our Planning for Success Program was designed to offer a quick and easy way to craft your personal real estate business plan.

Begin with the Right Ingredients

Keeping in line with the Better Homes and Gardens magazine formula, we created our Planning for Success program like a recipe.

Think about your business plan as it relates to baking your favorite chocolate chip cookies.  Your first step is locating all of the necessary ingredients. Once you have the flour, chocolate chips, sugar and other items ready to go, you now begin by mixing the appropriate amounts together. As you add one ingredient to the next, you will eventually begin to see your dough take shape.

In the end, you have created a delicious chocolate chip cookie that came as a result of your planning and follow through.

Simple Steps to Building a Better Business Plan

Planning your future is no different.  It takes the right mix of ingredients for a successful plan to formulate.

In the Planning for Success program we give you the simple steps to building a better business plan. We identified four ingredients that every successful real estate agent business plan must contain.

  1. A clear outline of your production goals

  2. How you will generate leads for your business

  3. Develop what methods you will use for communication

  4. Determine what pillars your marketing strategy will contain

Business planning takes time and commitment. The above ingredients are a mix designed to get you started.  How you execute the plan will depend on the overall outcome.

Get started today on your 2012 business plan with our FREE planning for success business planning tool.

Business Planning Tool

 

 

 

Successful Agents Build Better Business Plans was written by Rebekah Radice.

Comments(11)

Colin Call
RE/MAX Integrity - Eugene, OR
Principal Broker

Hi Rebekah,  Thanks for the thoughts.  Early planning is definitely the key.  Colin

Dec 19, 2011 10:34 AM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

Over the years, my business plan "format" have changed and evolved to how I prefer. I figured I'm not sharing it with anyone else but my husband, that I'd work on the part I think it's important so it doesnt follow the traditional format of the typical business plan.

Dec 19, 2011 10:54 AM
Steve Queen
Bennett Realty Solutions - Bowie, MD
Chosen Realtor for Bowie And Laurel

So true Rebekah! I have started planning for 2012 now and keep tweaking my schedule and plans constantly. I want 2012 to start my gate way back to the old market.

Dec 19, 2011 10:58 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rebekah, I see you now are in your new position --- Congratulations!     Without a path to travel, how do you know you will ever get there?    

Dec 19, 2011 11:02 AM
Lanre-"THE REAL ESTATE FARMER" Folayan
Samson Properties - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Rebekah I have two business plans. But to be honest with you,I don't really like it. I have BIG PLANS FOR 2012 that's why I need a much better Business plan 1000% better than the one that I have. I am just thinking big now. Thanks for your sharing. SUGGESTED.

Dec 19, 2011 11:54 AM
Former Agent
None - Adak, AK

Hi Rebakah.  Looks like you are transitioning nicely to your new role.  Congratulations. 

Dec 19, 2011 12:00 PM
Rebekah Radice
Imagine WOW! Digital Marketing Agency - Burbank, CA
Social Media Marketing, Coaching & Training

Hi Colin - Success is all in the planning and the follow through.  Here's to a profitable and enjoyable New Year!

Loreena - From what I've seen, however you are planning your year is working for you so I'd stick with it!  Merry Christmas to you and Mike!

Steve - I definitely think you have the right idea.  Just keep tweaking it until you figure out what works for you.

Dec 19, 2011 12:28 PM
Jamie R. Bell
Bell Realty Group at Berkshire Hathaway HomeServices NEP - Glastonbury, CT
Your Central CT Realtor

Rebekah~nice post and totally agree planning is everything! This is my week to tweek and put it on paper.

Here's to a great 2012!

Dec 19, 2011 12:45 PM
Rebekah Radice
Imagine WOW! Digital Marketing Agency - Burbank, CA
Social Media Marketing, Coaching & Training

Hi Joan - I have been for about 45 days and i LOVE it!  There is no better feeling then getting to do what you love each and every day!  Merry Christmas!!

I can feel your excitement Lanre!  It sounds like you definitely have the passion to succeed, now you just need the steps in place ot get there.  happy Holidays and cheers to a prosperous New Year!

Thank you Aimee...like I said to Joan, I absolutely love what I do.  I feel very blessed!

Have fun with all of that tweaking Jamie! ;)  Wishing you a hugely successful 2012!!

Dec 20, 2011 01:11 AM
Christine Hooks
Pino Agency - Pennsville, NJ
Celebrating 25 Years in Real Estate!

Hi, Rebekah!  I'm working on this very thing now.  I decided to work from home the entire week between Christmas and New Year's so I can focus on getting all of my plans down on paper.  I like your cookie analogy....makes the process sound simpler and doable.  Have a wonderful Holiday season!

Dec 20, 2011 04:16 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks Rebekah, Successful agents do build and Use great business plans,  thanks for sharing these great tips!

Sep 09, 2012 03:00 PM