Real Estate Business Planning

Name: Real Estate Business Planning
Start: 2024-12-17T13:00:00-05:00
End: 2024-12-17T16:00:00-05:00
Location: 2160 Morningside Drive, Suite 175, Buford, GA, United States, Georgia 30518

Schedule

Tue Dec 17 2024 at 01:00 pm to 04:00 pm

UTC-05:00

Location

2160 Morningside Drive, Suite 175, Buford, GA, United States, Georgia 30518 | Buford, GA

Business Planning is the foundation of any successful business. Real estate is no different, with the current failure rate of real estate professionals within first five years, it’s imperative that we train them for realistic success. This course will help the student understand why they are in the real estate business, educate them on fundamentals of business planning and assist the students in creating a plan.
Introduction
Identify current statistics as to the failure rate of salespersons within first 5 years
Discuss the fundamentals of a solid business plan
Identify the goals of the students for their business plan
Goals identified by the students will become part of their business planning process
Elements of a Real Estate Business Plan
Students will identify the type of real estate they wish to pursue or current working
Students will identify the statistics needed to create their plan such as:
Current sales prices, current days on market, market saturation and other market data
Students will work through their current plan if they have one
Students will be educated on the accountability aspect of achieving success through having a partner to hold them accountable
Creation of a Real Estate Business Plan
Students will be given real estate business plan template
Students will utilize the elements learned within the previous two hours and begin to put their plan in writing
Instructor will go over each section of the business plan to assist the students creating their own plan
Student will be given class time to work on their plans so upon departure, they have a tangible plan to work from as they conduct their real estate businesses
This course has been approved by the Georgia Real Estate Commission as a Continuing Education Class for 3.0 CE credits- The assigned course code is #71393.