Conduct a market analysis in which you define the people who will buy or list their home with you.
Identify your market's demographic such as age, gender, socio-economic status and other characteristics.
While real estate schools provide agents with the education needed to understand real estate law and contracts, they don't cover the aspects of running a business.
Real estate agents are associated with brokerages, but they operate as self-employed salespeople.
1.0 Executive Summary Introduction: [COMPANY NAME] is a well-established real estate sales office in the greater metropolitan area of [CITY], [STATE].
Real Estate Business Plan Sample
Part of the [COMPANY NAME] Real Estate group, this multi-faceted firm sells both residential properties and land over a five-county target market area which includes some of the most prestigious neighborhoods in the [CITY]/ [CITY] metro area.She has been an Aerobics and Fitness Association of America certified fitness instructor since 2001.Several of our real estate clients have graciously provided permission for us to share their plans with you.Although the recession of the past few years has resulted in a 40% decrease in market sales, both [NAME] were able to weather the storm and not only be some of the few who survived, but actually thrived and won market awards.They have a defined vision for the company and anticipate explosive growth as the market makes it return.In order to succeed, it is imperative to have a quality business plan in place.Write an executive summary that sums up your mission, your service, goals and significant achievements such as awards.She wrote the "The Work-At-Home Success Bible" and is a career/business and writing instructor at Piedmont Virginia Community College.Truex has a Bachelor of Arts in psychology from Willamette University and a Master of Social Work from California State University-Sacramento.Give a financial statement that shows current cash and assets, as well as expenses and liabilities.Calculate projected income and expenses over the coming year.