Time to Plan for a Big 2015?

By
Real Estate Agent with Compass BRE# 01436605

Time to plan for a Big 2015?  The answer is yes.

 

What direct goals are you setting for yourself and your business in 2015?

Here are a few questions to jog your mind.  I have been keeping an annual list of goals and action plans since I started as a real estate agent.  I learned and it turns out to be true that if you write them down you have a much greater chance of accomplishing the goals and taking actions.

How much money would you like to make?  Here you decide your gross commission after broker’s split.  What’s that number?

How much of if do you plan on keeping?  How much of it will you use to build your business?  In other words, what will you gross expenses be?

Here’s an example:  Gross to you $600,000.  Expenses $200,000.  Net before taxes $400,000

 

What will be your sources of business?

SOI?

Farming?

Social Media?

Internet Marketing?

Open Houses?

Print Media?

 

What are things you’d like to add to your repertoire in 2015?

Video?

New website?

New database CRM?

Client parties?

Door knocking

Join local organization?

What will you add?

 

What are some ways in which you’ll reward yourself?

New car?

Vacation?

Spa visits and or massages?

Dining at great restaurants?

New cloths, jewelry, accessories?

Start a saving plan?  Opening and contributing to a retirement account?

Buying a new piece of real estate?

 

Why Bother?

Most importantly you should spend some time and ask yourself to answer one of the most important questions no matter what you do in life:  Why are you doing it and why do you want what you want?  If you know your whys they can often help you stay on course when you’ll experience setbacks.

 

Some of my whys are:  I love the negotiating and deal making.  I love helping clients acheive their goals.  I love making lots of money.  I love striving to be the best at what I do.  I love the fun of being a real estate agent.  I love the happy faces of buyers and sellers when the deal is done!  Just to name a few.

 

Frank Sells San Francisco Real Estate Deam

 

Goal Setting Defined 

 

Hope this helps you get a start to 2015.   This is brief for a reason.  You need to decide that planning for the 2015 is vital.  Starting now is a good idea.  I hope you get started.

 

Frank Castaldini

San Francisco Leading Real Estate Agent and Trusted Advisor

www.FrankCastaldini.com | 415.846.1899

 

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Re-Blogged 3 times:

Re-Blogged By Re-Blogged At
  1. John Meussner 12/02/2014 12:20 PM
  2. Heather Fitzgerald 12/09/2014 06:11 AM
  3. Donna Foerster 12/14/2014 01:00 PM
Topic:
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Tags:
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Rainmaker
3,700,651
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Frank,  Gave timing,  I work on my 2015 marketing and budget in a cabin on Tues and Wed this week away from everyone but my wife and dog.   Thanks for a great blog.

Nov 23, 2014 01:49 AM #1
Rainmaker
1,383,553
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Hello Fra,

Great post. You absolutely hit the nail on the head. Looking forward to reading more from you 

Nov 23, 2014 11:59 AM #2
Ambassador
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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Love this post, Frank.  You not only talk about the importance of planning, but cite some very good examples of things we need to think about.  I have another full month of hard work, but during that month I'll be working on 2015 timing.

Nov 24, 2014 10:33 AM #3
Rainmaker
2,385,427
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is a lot of detail for you getting ready to put your 2015 goals together.

100% of my goals each year deal with the number of referrals I give out each year, my mission is always 2 per day. I have them broken down into 100 different categories.

Dec 01, 2014 03:40 AM #4
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I've already started working on this, but you've given me some other things to think about and consider, too. 

Dec 01, 2014 08:31 AM #5
Rainmaker
986,178
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Realtor Frank Castaldini at (415) 475-4582, this is pertinent Active Rain content on the relevance of planning.

Dec 02, 2014 05:02 AM #6
Rainmaker
2,441,861
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Frank, I got here because John Meussner reblogged.  A well written post, and I love hearing how the criteria other people use to set their goals.  It helps me expand my thinking.  Thanks!

Dec 02, 2014 01:08 PM #7
Rainmaker
1,280,298
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Hi Frank! You've shared some important questions that we need to consider when planning for 2015. Thanks!

Dec 03, 2014 07:38 AM #8
Rainmaker
48,298
Kelly Hagglund
The Kelly Group Real Estate - Newberg, OR
SW Portland Real Estate Expert

Really great post in time for the new year! I agree entirerly about the necessity of making a business plan. You also bring up many points that I consider when I set goals for my business plan as well! Thanks also to Heather Fitzgerald for reposting!        

Dec 09, 2014 08:17 AM #9
Ambassador
5,073,710
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Good questions to ask as we get started with our goals Frank.

I am setting up a plan for a great year!

Dec 14, 2014 01:17 PM #10
Rainmaker
849,035
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Frank, thanks for sharing this post. These are all things I need to consider to get more focused in 2015.

Dec 14, 2014 02:44 PM #11
Rainmaker
1,951,137
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Frank -- I happened to be holed up in West Marin during the big storm last Wednesday and Thursday, working on my 2015 business plan. Good thing, too, since so much of the City (my area included) was blacked out. I hope our paths cross sometime.

Dec 14, 2014 09:55 PM #12
Rainmaker
4,600,826
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Hi Frank Castaldini saw this from John's re-blog, and lots of great information to add to the mix when formulating goals for 2015.   

Dec 15, 2014 07:35 AM #13
Rainmaker
820,021
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Frank Castaldini -This is the first time that I'm doing goals for just the first quarter first instead of doing it for the whole year. It will help me better monitor my progress so that I can know the things that I need to do to improve on as the year goes along.

Jan 07, 2015 01:57 PM #14
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Frank Castaldini

Realtor - Homes for Sale in San Francisco
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