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Real Estate Agent Business Plan - Part 2
As promised in Part 1 of my 2 part series, the Real Estate Agent Business Plan, I actually show how to create the written documents that a real estate agent should create to complete their business plan.
The documents I create in this video are:
1. Marketing Plan Overview - This identifies your Target Market Areas (your primary targets from where you intend obtain business), and your Marketing Methods (the things you're going to do to generate that business).
2. An Itemized Business Expense Budget - that will identify what products and services you're going to need to purchase, and how much each product and service will cost you, both monthly and annually.
3. An Income and Expense Cash-Flow Projection - This is a forecast of the timetable on which you anticipate that you will produce transactions, how much commission you'll earn from each transaction, the deduction of all of your business operating expenses, and the amount of profit you expect to collect. This is calculated on a monthly basis over a 2-year period.
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PLEASE NOTE that I've created 2 Itemized Expense Budgets and 2 Income and Expense Cash-Flow Projections - 1 each for a 100% Commission Agent and 1 each for a ... more

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