Less than 5% of all agents actually have a written business plan. Interesting to note, the real estate business is quickly moving to a place where 5% of the agents are doing a large percentage of the business.
Take the time to do a business plan, act on it, and position yourself as a leading agent in the market.
Here are the basic elements of a business plan:
1. Measurable Results
Number of closed transactions
Average sales price
Total sales volume
Average commission percentage per transaction
Total gross commission income
2. Strategies and Tactics
Commission Split or Fees to Broker
A business plan is not about complexity, it’s about simplicity and clarity.
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