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Business planning for 2008

By
Real Estate Agent with RE/MAX Real EstateGroup.com

Business planning is an on going process through the year but by December we should be evaluating our current year and planning our next year.  Although it is like jumping over many hurdles you can't jump over them all at once so working on that business plan may be a yearlong challenge.  Many thing can and will change so our plan may need to be adjusted.  Don't do something just because it is in your business plan do it because, it is the right thing to do for you and your business.  This is only my 2nd blog so I may not be great at blogging yet but, there are things I know and now it is time to put them in place.  What are your great comments or idea's on business planning?

Posted by

Peggy

Peggy  Harmeyer & Associates

RE/MAX Real Estate Group

932 Shadyview Blvd.

Pleasant Hill, Ia 50327

Licensed in the State of Iowa

Peggy : 515-208-8132 

Caitlyn: 515-321-3821

Peggy@PeggyHarmeyer.com

An Independently Owned and Operated Member RE/MAX Real Estate Group

Information is believed to be accurate but should not be relied on without verification.

Comments (13)

Kathy McGraw
CELLing Realty - White Water, CA
Riverside County CA Real Estate

Peggy...only your second blog...well, not bad, and Welcome to the e-PRO Group, and Active Rain :)

What are my great ideas on business planning???? I just know that I am changing some things for next year. I have made a new budget, changing some Marketing, and will hire Bobby Carrol's company DAKNO to work on my website.  I still have to sit down and put all this in written format, that is when I stop procrastinating.

Dec 12, 2007 08:10 AM
Karen Gentry>>Charlottesville, Virginia Real Estate Professional
RE/MAX Excellence-Charlottesville VA - Charlottesville, VA

Peggy- Welcome! There is not a right or wrong blog, it's your own style and you just have to figure it out.  I am learning so much here. Some folks write long and include the kitchen sink, others are short and to the point and some just in the middle of the road.  There is something for everyone.  Best of luck to you! - Karen

Dec 12, 2007 08:44 AM
Anonymous
Anonymous

Thanks Kathy and Karen.  We Are what we are and we all have our own style.  Hopefully I will find mine.

Peggy

 

Dec 12, 2007 08:50 AM
#3
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate
Hi Peggy - I've just started a series of posts on the business planning clinic from Keller Williams. You make an excellent point in this post that it's an ongoing process. A big part of whether or not we reach our goals is how often we review them and make necessary adjustments along the way.
Dec 12, 2007 08:58 AM
Adam Brett
The Adam and Eric Group - Fullerton, CA
The Adam and Eric Group, Fullerton's Finest
Not only should you business plan, but time block and go over your marketing plan for the next year.
Dec 12, 2007 09:18 AM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Peggy,

The daily repetition is going to be my focus this year....when busy it is easy to stray.

Good Luck.

Dec 12, 2007 09:25 AM
Jennifer Dazet
KELLER WILLIAMS BATON ROUGE - Baton Rouge, LA
Baton Rouge Real Estate

working on my 2008 business plan as we speak.

 

Dec 12, 2007 03:34 PM
Eleanor Thorne
Equity Resources - Cary, NC
Advantage Lending 919-649-5058

I'm planning time for the Rain (ActiveRain).  It takes TIME to learn about adding graphics and the strategies that people use to increase their business... especially in the first 6 weeks!

Dec 12, 2007 07:19 PM
Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties
I am actually working on my SOI marketing calendar using the 33 touch program from The Millionaire Real Estate Agent. It's a big part of my business plan for 2008. Welcome aboard!
Dec 13, 2007 02:44 AM
Anonymous
Anonymous

Pam,

That is an excellent idea for the new year.  Thanks for your input.  Make it a great day!

Peggy

Dec 13, 2007 02:51 AM
#10
Take 5 Team
Take 5 Team, Illustrated Properties - Jupiter, FL

Peggy, A business plan is CRUCIAL to every agent's success.  It should be evaluated monthly and adjusted quarterly.  I think it's so importnant that I even have a "countdown to 2008" widget on my blog to remind everyone how long they have to get their new business plan in place!

meghan mullee

www.MeghanMullee.com

Dec 13, 2007 04:20 AM
Maria Villenas
Bayou City Realty Advisors - Houston, TX
Buy*Sell*Lease*Build*Invest*Wholesale

John Novak, I'm interested in the Keller Williams Business Planning Clinic you're posting for.  Is it only available to your MC or can I check it out online?  Please Direct.

Maria G. Villenas

Keller Willliams Realty North Houston

www.bayoucitylupita.com

Jan 07, 2008 01:31 AM
Jim Fischetti
The Fischetti Group/Keller Williams - Wake Forest, NC

Peggy,

 

You did great, enjoyed your post.

 

Jim

Jan 11, 2008 02:32 AM