Put a Wrap on Your 2017 Business Plan

Reblogger Debbie Reynolds
Real Estate Agent with Platinum Properties TN Broker: 208698

The new year is upon us and before we know it we will be looking at spring. It is essential to have a business plan to execute starting at the beginning of the year. Time passes so quickly and time should not be wasted. To reach a goal, you need a roadmap to get there. Is yours in place? Thanks to Debe Maxwell for this post.

Original content by Debe Maxwell, CRS 228209

Put a Wrap on Your 2017 Business Plan

8 Quick Tips to Finalize Your Plan

light bulb momentOne of the most important things that I learned when I moved from a nursing career to real estate, is that you can only fly by the seat of your pants for SO long! 

business plan is a MUST in ANY business...AND THIS IS A BUSINESS - YOUR BUSINESS.  Constantly tweaking your plan is imperative in order to achieve success. 

While reflecting on your previous year's business, be a little critical of yourself, your practices and your expenses.  Ask yourself what you can do to improve on at least one item in each of these categories.  You'll be thrilled to watch your business grow. 

Here are 8 tips to help you on your way to a wildly successful 2017:

  • Pick up any items that you will need to jump-start your New Year's office organization while your're doing your post-holiday shopping.  Then, clean out your office--if you haven't used an item/book/paper all year, FILE-13-it!

  • Analyze your businessCalculate your marketing expenses for 2016.  If you weren't diligent in keeping up with these, take the time to pull them all together and create a spreadsheet with every one of your marketing expenditures.  You don't have to design an elaborate spreadsheet but, you do need to know the cost of each item and, more importantly, it's ROI.  What was the response from the marketing item?  Is it something that is worth repeating next year?  Did it pay for itself?  If it did not pay for itself and also pay YOU, do NOT include it in your 2017 business plan.
    ***Read that again...if it didn't PAY FOR ITSELF AND THEN SOME, it's NOT WORTH KEEPING!***  

  • Fine tune your sphere of influence:  Take a bit of time to make certain that your sphere contacts are up-to-date and if they're not already added, add them to your CRM.  This includes uploading your contacts into your marketing database - hopefully you're utilizing a database that will handle your mailings for YOU.  Having your CRM database complete also gives you the ability to only have to click ONE button to send all of your sphere an email telling them that you have a new listing, an event coming up, an announcement, etc.

  • Join a civic organization if you haven't done so already.  This is a great source for contacts but, most importantly, it allows YOU to give back to YOUR community and learn even more about the community that you're trying to sell.  

  • READ everything that you can get your hands on about real estate, your city, state and the mortgage industry!  Sounds simple and I know that reading takes time and we are overwhelmed with reading materials but, be selective and read only the publications that you feel are MOST relevant to YOUR business.

  • Begin a checklist with items #1-5.  Maintain that checklist throughout the year--incorporate your business plan and marketing plan with your daily/weekly/monthly checklists and goals.  You will surprise yourself at how much you'll accomplish when you use a checklist!  (One checklist tip:  HIGHLIGHT or simply check beside the item that you've accomplished on the list--strikethroughs do not give you the sense of accomplishment that you get with a check or highlight)

  • Designations:  Now is a GREAT time to start a class or two to obtain another designation that will help you with your business.  I know, a lot of agents believe that clients don't really care what's behind your name but, you will be surprised just how much you learn in just one of these classes each year!  Educating YOURSELF truly does help YOUR business!

  • Remember to incorporate your blog and your website in your plan!  Tweak your website, learn as much as you can about SEO (search engine optimization) and how it can benefit YOU!  Embrace technology! Hey, if I can do it, anybody can!

This week, make the time to take a moment or two to reflect on your past year in business and finalize your goals for 2017!  If you have already done so, congratulations--you're ahead of the game!

HAPPY NEW YEAR EVERYONE!

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Put a Wrap on Your 2017 Business Plan

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Rainmaker
1,079,648
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Debbie Reynolds - This is a great choice for a re-blog as we get ready to say hello to 2017!  Happy New Year!

Dec 31, 2016 01:34 PM #1
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is just hours away, Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com. Happy New Year to you.

Dec 31, 2016 03:13 PM #2
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

What a nice New Year's Eve surprise, Debbie Reynolds!  Thank you so much for the re-blog!  Have a wonderful New Year!

Dec 31, 2016 03:44 PM #3
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The best to you Debe Maxwell. I am so glad to see you are back faithfully writing in the Rain. Happy New Year.

Dec 31, 2016 03:49 PM #4
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Glad to be back, Debbie Reynolds - I just needed someone to whip me into shape! LOL  

Dec 31, 2016 06:07 PM #5
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Good tips and Happy New year.  My plan is all in order and in the process

Dec 31, 2016 06:25 PM #6
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Great information for a fresh start re-blog. Thanks for sharing and have a wonderful new year Debbie Reynolds!

Dec 31, 2016 09:26 PM #7
Rainmaker
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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Debbie Reynolds 

Another great choice for a reblog.

Wishing you and yours a safe and Happy New Year's Eve and a wonderful 2017!

Dec 31, 2016 09:31 PM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Who whooped you into shape, Debb Janes EcoBroker and Bernie Stea JD? Glad to know we will be seeing a lot of you in 2017.

Jan 02, 2017 01:34 PM #9
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Lisa Von Domek, It is going to be a great 2017. Looking forward to seeing you again this year.

Jan 02, 2017 01:35 PM #10
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Paul S. Henderson, REALTOR®, Broker, Tacoma Washington, Glad 2017 is here and it is going to be exciting.

Jan 02, 2017 01:36 PM #11
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi William Feela, glad to know you are ready for the new year and all the business coming your way.

Jan 02, 2017 01:37 PM #12
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