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Category Archives for "Real Estate Agent Business Plan"

Jan 08

Real Estate Agent Business Plan – Part 2

By Ken Jones | Real Estate Agent Business Plan

Real Estate Agent Business Plan - Part 2

As promised in Part 1 of my 2 part series, the Real Estate Agent Business Plan, in this video I actually show you 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.

LEASE 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 Fee-Split Agent.

These are the links to each of these sample documents:

Download the Marketing Plan Overview here.

Download the Itemized Business Expense Budget for the 100% Commission Agent here.

Download the Itemized Business Expense Budget for the Fee-Split Agent here.

Download the Income and Expense Cash-Flow Projection for the 100% Commission Agent here.

Download the Income and Expense Cash-Flow Projection for the Fee-Split Agent here.

I hope you enjoy the Real Estate Agent Business Plan - Part 2 video and benefit from the information I've provided.

Don't hesitate to contact me if you have any questions about this video or any of the documents; I'd be more than happy to help you.

Finally, if there's a real estate related topic that you're interested in knowing more about, please let me know.

You can leave a voice message right from your device (iPad, computer, iPhone, etc.) by pressing the  Start Recording  button below.​ Or, you can just send me an email, if you prefer.

I look forward to hearing from you.

Dec 30

Real Estate Agent Business Plan – Part 1

By Ken Jones | Real Estate Agent Business Plan

Real Estate Agent Business Plan - Part 1

The success and failure of every business can be traced back to their business plan; or the absence of a business plan.

And, since every real estate agent is, in fact, operating their own small business, they need to create and follow a practical business plan (assuming they want to be successful).

In this video, I provide real estate agents an overview of things they should consider when developing their personal business plan.

This information is for every real estate agent; whether you're a newbie or an experienced professional, this video has some very useful information for you.

By the way, this is Part 1 of a 2 part series.

In my next video, I'll actually show you how to create an itemized expense list, and the all important income and expense cash flow projection so you can prepare as best you can for the future of your business.

Check out this video.

If you'd like to see more videos about the real estate issues that are important to you (without someone trying to sell you something), then hit that SUBSCRIBE button. --->

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Let me know . . .

 . . .if there's a real estate issue that you'd like to know more about. And, I'll do my best to provide it.

It doesn't matter if you're a real estate agent, an appraiser, an investor, or you're thinking about buying or selling real estate. I'd be happy to consider addressing whatever real estate questions or concerns you might have.​

You can ;eave me a voice message directly from the device you're on by pressing the  Start recording  button below, or just send me an email, if you'd prefer.