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Keller Williams Business Plan part 2

By
Real Estate Agent with Nathan Grace Real Estate

In the second step of creating your business plan we go over your businesses organization.  If you're going to run your real estate business like a business it's first important to create your businesses organizational chart.  By creating or evaluating your current organizational chart you are better able to clearly define your role and anyone else you use as leverage.  For a solo agent that could be you and only you, or maybe your office staff. 
At Keller Williams Capital Partners we have

  • 2 administrative assistants that help all of our agents with their mailings, loading their listings into the MLS, and most of the transactional process for your contracts. 
  • A full time IT director who is available to help with all of your technical needs,
  • 2 Market Center Administrators that are available to help with your contracts, billing, and accounting issues.

Do you have a staff available to you that you're not leveraging?  Should you be?  If so add them to your organizational chart.  It will help you clearly define the roles you and others play in your business.  If you have grown your real estate practice to add administrative help or buyer's and listing specialist then an organizational chart will help you,

  • Think about your business
  • How it should be organized
  • What your standards are for your organization and everyone in it
  • Who is accountable
  • Who is making sure things are getting done to the standards you set and if you're on track with your goal.

 The second part of this section of the business plan is to review the technology you are currently using.  Technology is a great way to leverage your time and money.  Below is a sample list of technology that most agents use.  Check out what you are currently using...and what you should be using!  You can add others but taking a look at what you currently have and making sure you are using it to your full potential is a great exercise for your 2009 business plan.

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Don't forget it's important to figure out how much time you are spending on activities that are not making you money...then by looking at your new organizational chart you'll not only know where you are but where you're going and what it's going to look like when you get there.

 If you are interested in an excel version of the Keller Williams Realty business plan or would like more information on getting your business ready for 2009 let me know...I'll be happy to send it to you.

Steve Shatsky
Dallas, TX

Hi Allison... Wow!  I'm impressed!  How many agents in your Market Center?  That is an incredible amount of support!  Maybe I will come work at KW Capital Partners.

Nov 19, 2008 02:10 PM
Allison Cummins
Nathan Grace Real Estate - Dallas, TX

Hey Steve!  My biggest fan!!!

We have around 150 agents in our market center.  It's a great group and I love being able to support them and help them with their businesses.  How's your 2009 business plan going?

Nov 20, 2008 09:31 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Business Planning 101 - In order to follow your Business Plan you must take the time to create it!

Nov 13, 2010 10:47 PM