Monday, November 26, 2007

2008, What Is Your Plan?

I know you have barely digested your Thanksgiving Turkey and are still feasting on the leftovers. I know that agents that want to hit the ground running next year are busy doing 2 things. The first thing is they haven't given up on this year. There are many agents putting escrows together right now. The second thing they are doing is putting a plan together for next year. Things like budgets and marketing plans as well as putting new programs together to enable you to hit your goals for 2008 are very important. I have never put together a business plan for a real estate agent but I would assume it would consist of many of the same things that my business plan consists of. Goals for revenue, by month broken down in to the number of escrows opened and closed. That would also include an activity plan focused on how many customer referrals you are going to achieve as well as new customers you are going to acquire. One good local resource is the SCORE organization. This is the Service Corp of Retired Executives. Santa Barbara score.org They give free business planning tips. A quick search on the Internet gave me quite a few options. Here are a couple that might help get your juices flowing. About.com has a pretty simple list of helpful ideas as well as a link to a book that the author is trying to sell. I also ran across this blog that looked pretty interesting and easy to follow, Realblogging.com. The blog actually had a couple contributors who posted business planning advice. Good Luck and See You In Escrow!

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