Do You have a Real Estate Business plan? Do you have a plan that will make a bank Bankroll you? Lack of clarity in business and and business plan is next to the biggest reason a business fails. I believe the first is undercapitalization. However enjoy the following.
Can you identity the following in your business:
Management: Who are the principals of your business, What is your area of expertise. What makes you better than your competitors.
Business Purpose: What business will you do or not do. Short Sales, Reo, Traditional? Buyers only? Sellers only? Work with teachers who are transfering to the High Desert? How will the business benefit the community? If you do short sales you are helping to save a family from the fallout of financial ruin. Is there a demand for this type of entiry? Did you find a niche?
Equipment: Phone/Fax/Cell/Printer/Desk/Chair Work out of the Brokers' Office or out of your own?
Faciltiy: Where is your business conducted? Do you meet clients at home or at the brokers' office or at a local escrow company. If this is your office- how will the space be used? Will you Feng shui? What are the terms of the leases.
Service Area: Will you target your location? How far do you want to drive? Will you have an area of expertise? (one mile by one mile square will give you plenty to do)
Employees and/or team players: How many employees do you have? Have you built a team base with local vendors to help facilitate your deals? Is there an area of expertise that you need to hire? Accounting, payroll, repeted tasks that relate to marketing?
Cost of Establishment; Count the cost before you get in. What are your expenses after getting the education and passing the state DRE Test? Do you have local MLS fees, Franchise fees, Desk Fees,
Product: What is your product? in Real estate for the residential market it is homes that make up the product. Do you know your product? Have you previewed your product? What knowledge of the product and the liabilities do you have? How are you going to present your product better than the competitor?
Have you written your goals for first year production? Do you have a vision for your business?
One of the easiest ways I know to figure your income is to take the average price of the product you sell. Take the amount of money you want to earn in one year to meet all the needs and fun you want to have. That is how many deals you must do in order to make things happen.
Finally Real Estate simply boils down to three functions
Lead Generation: Find em\
Lead Conversion: Make em like you and pick you
Lead Serviceing : Sell and put it into escrow
and do it again.
Thanks for Reading.
Make it an Awesome Day
Think about all the Good World Vision Does. Have you thought about supporting World Vision?
*Why Going Green is politically correct, necessary, needed and not wanted.
*We agree to protect the Environment and change is not an option
*Searching for the Goldilocks Solution- not to hot and not to cold it was just right
Tonight's Informational Meeting continues the-environmental process for the Proposed Granite Mountain...
I attended the Windmill Meeting. Held at the Apple Valley High School Called Granite Hills High School. There was between 200 and 300 people in the gym.
What is the proposal? 28 wind turbines that would produce enough electricity for 70,000 to 90,000 population.
Why Granite Hills? Cost. The cost of the study, the cost of the roads to the Turbines, the cost of locating the turbines themselves in a wind rich environment. The proximity of an electric line that could carry the load.
What is the motivation? Other than money making, there are Senate bill 1078 and senate bill 107 are requiring retailers of electricity to obtain 20% of their supply from sources that are renewable. And the Assembly Bill 32 which is the Global warming solutions act requires California to reduce carbon dioxide/greenhouse gases by 25 percent. We simply need more electricity for our growing population.
But the biggest questions of the night revolved around the issue of impact visual, wildlife, noise, and economical. Much care was used to present these issues and the invitation to voice concern was asked for.
So in a nutshell, last night I saw two groups of people arguing for and environmentally better place. The ones who lived there for no change to protect the environment and the one for change to protect the environment.
After the presentation, comments written and verbal were welcomed from the crowd present there.
Local residents such as Beau-ford Strange, Bill, and other gave written comments only.
Some asked to speak such as Jim Beam who represented Quail Unlimited. When mr Beam Spoke Charles Chan assisted with the microphone.
When I left the meeting the protocol for question/comment and answer was beginning to fall apart. The leadership upfront needed to stay on-track with the management of the meeting. The audience needed to voice its concerns in a manner that represented the citizens of Apple Valley as informed and cogent concern.
Thanks for reading
Val Rensink a Taxpayer and resident of Apple Valley
Realtor at Exit Desert Ocean Realty
Have you thought about supporting World Vision
Broker Associate, Co-Owner Exit Desert Ocean, E-pro,we have the Mall. Love working with clients and Realtors. Certified Shortsale Professional, Certified Foreclosure Prevention Specialist
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