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Real estate agents are associated with brokerages, but they operate as self-employed salespeople.In order to succeed, it is imperative to have a quality business plan in place.And last, how do you plan to implement your business plan’s goals? The Easy Step by Step Guide to Writing a Business Plan and Making it Work.
A company description should be included as a part of the mission and vision statement: what type of real estate do you sell? Company Description (, 1998) Once you’ve created a mission and vision statement, the next step is to develop a SWOT analysis. The Successful Business Plan: Secrets & Strategies (Palo Alto, CA: Running ‘R’ Media, 2000) HD 1375 A8b Writing an Effective Business Plan (Deloitte and Touche, 1999) HD 1375 D37w The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®.
SWOT stands for “Strengths, Weaknesses, Opportunities, and Threats.” It is difficult to set goals for your business without first enumerating your business’s strengths and weaknesses, and the strengths and weaknesses of your competitors. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies.
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The mission and vision statement sets the foundation upon which to launch your business. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10.
It is difficult to move forward successfully without first defining your business and the ideals under which your business operates. What is sets your business apart from your competitors? Call Member Support at 800-874-6500 for assistance.
Do you offer superior customer service as compared with your competitors? What experiences do you have that set you apart from your competitors? Where do you see the market already saturated, and where are there opportunities for expansion and growth? These links are provided for your convenience only and you rely on them at your own risk.
SWOT Analysis Toolbox () Next, translate your mission and vision into tangible goals. Which channels will you use to place your marketing message?
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References (formerly Field Guides) offer links to articles, e Books, websites, statistics, and more to provide a comprehensive overview of perspectives.