Download this FREE real estate business plan template now and set yourself up for success in 2022.
This real estate business plan template will help you make 2022 the best year yet. Why? Because it keeps things clean, clear, and simple. Today we are not only giving you a real estate business plan template as a FREE DOWNLOAD, but we’ll help set you up for success.
The real estate business plan template GUIDEBOOK
The High-Performing Real Estate Team is a book that is making waves in the real estate industry. As an Amazon best seller for two months (with no end in sight), The High-Performing Real Estate Team teaches how to use the 1-3-5 business plan. In this book, Brian Icenhower outlines not only how to go about constructing a healthy business plan, but also walks you through the process, step-by-step, to ensure that you (and your agents) follow the plan throughout the year. It all starts with one viral, annual goal at the top of your business plan. Then, you pick three key focus areas that support that one viral goal. Finally, you outline five objectives for each key focus area.
But are your goals SMART?
One thing that The High-Performing Real Estate Team book emphasizes is that your viral goal must be SMART. SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-Bound. When you use your real estate business plan template, make sure your viral goal passes the SMART test.
Specific – All goals should be clear and specific. If a goal is too general or vague, you will struggle to find concrete efforts to focus on or motivate yourself to take action.
Measurable – When it comes to setting specific goals, however, we highly recommend setting concrete, numeric growth goals. For a goal to be effective, it must be measurable. This will help you stay on track, and the most efficient and straightforward way to measure something is in numeric units.
Achievable – Of course, your goal should also be achievable and reasonable. Is selling 100 homes in a year achievable? Of course it is, depending on the size of your team. And, again depending on the size of your team, 200 or 400 might be completely achievable too.
Relevant – Is the goal worthwhile and will it meet your needs? Is your goal actually relevant to you? For a goal to be relevant it must make sense and align with other goals you’ve set for yourself.
Time-bound – Every goal needs a target date so that you have a concrete deadline to focus on, and something to work towards on a quarterly, monthly, weekly, and daily basis. Time gives you a means for plotting your progress and determining if you are ahead, behind, or on the predicted track to achieving your goals.
Take the Business Planning online course to guide you through your real estate business plan template
Need help knowing where to start with your business plan? You’re in luck. You can sign up for our Business Planning online course. It’s jam-packed with helpful tips and resources to use as you create your one-page business plan for 2022.
Why the one-page real estate business plan template?
Keeping your business plan on one page is more important than you may think. At first, you may be under the impression that bigger is better. We have all heard the phrase, “Shoot for the moon and you’ll land among the stars!” However, this isn’t necessarily the best practice for constructing a good business plan.
First of all, remember our one viral, annual goal must be achievable (the “A” in SMART). If your goal is too lofty, you may feel let down or demoralized if you don’t reach it.
Secondly, keeping it down to one page ensures that you are focused and not rambling.
Finally, if it fits on one page, you are more likely to read it, re-read it, and post it somewhere where you can look at it daily. Multi-page documents are clumsy and less likely to be read ever again. We recommend your business plan be posted at your desk, or somewhere you can view it easily every single day. You should take pride in this plan! It’s your roadmap to a successful year.
FREE DOWNLOAD of the one-page real estate business plan template
As a holiday gift from all of us at Icenhower Coaching and Consulting, here is a free download of our famous 1-3-5 one-page real estate business plan template. Simply subscribe to our newsletter to get the download straight to your inbox.
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Want to learn more?
- Take our Business Planning online course. This course will walk you through how to create a business plan that will help you achieve your goals.
- Read The High-Performing Real Estate Team. You can buy Brian Icenhower’s best-selling book on Amazon.
- Subscribe to The Real Estate Trainer Podcast. You can find it on Apple Podcasts, Google Podcasts, Spotify, Podbean, and anywhere you listen to your favorite podcasts.
- Join the Real Estate Agent Round Table. We are always posting fresh content, including market updates, free templates, and host dynamic discussions with the industry’s top producers.
- Subscribe to our newsletter. In the sidebar of this blog, you’ll see a form to fill out to subscribe. You’ll be the first to find out about our new resources, free downloads, premium online courses, as well as promotions.
- Reach out and talk to an ICC coach. Not sure which of our coaching programs is right for you? Let us help you.