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Rainmaker
3,852,642
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't and haven't for 26 years. The one thing I promised myself when I retired from the corporate world in 1989 is that I would never again do a business plan. I've kept that promise and have done very well without one.

Jul 13, 2019 04:38 AM
Rainmaker
961,553
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I have a business plan. At this stage of my life, I'm not as active in the business as others, thus it is eaiser

Jul 13, 2019 05:56 AM
Ambassador
2,053,937
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I do and it is somewhat fluid to allow for the unexpected. It helps keeping me on track.

Jul 13, 2019 05:23 AM
Rainer
126,928
Ken Jones
Kenneth J. Jones, Inc. - Rahway, NJ
Commercial Real Estate Broker & Appraiser

Paul S. Henderson, REALTOR®, CRS An agent who doesn't have a business plan is like a builder trying to construct a building without a blueprint.

You can only go so far before you're lost.

See my free video series that teaches real estate agents how to create a business plan.

Jul 13, 2019 04:28 AM
Rainmaker
3,830,170
Richard Weeks
Dallas, TX
REALTOR®, Broker

I do. I feel it help me stay on track.  I have always tried to have systems in place much like any corporation would.

Jul 13, 2019 02:39 AM
Ambassador
5,163,781
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Much easier and more productive when following a plan

Jul 12, 2019 11:30 PM
Rainmaker
708,861
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

No one plans to fail. Just fail to plan.

The secret to success is a written business plan with an analysis, measurable strategies, tactics, goals and objectives, resources, time and a budget.

Jul 13, 2019 07:48 AM
Rainmaker
1,697,260
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Both Paul. 

Jul 13, 2019 06:31 AM
Rainmaker
5,570,348
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

my business plan is no longer in writing.... I know what my goal is annually with leads for the two team members, and I'm aware of what it takes to produce those leads....my job is simple now.

Jul 13, 2019 06:17 AM
Rainmaker
2,604,216
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

When I come to understand something the world then answers to me

Jul 13, 2019 05:38 AM
Rainmaker
3,291,824
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

My business pan pretty much flows. I then can adapt or add anything as the market swings or seasons change

Jul 13, 2019 05:07 AM
Rainmaker
3,971,535
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

When active, I had a plan which I reviewed monthly!

Jul 13, 2019 04:40 AM
Rainmaker
1,162,717
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

yes

easier? maybe-how would I compare it though?

Jul 13, 2019 02:40 AM
Rainmaker
3,495,491
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

I, as you know, have only one business plan.  So far, it is exceeding my wildest expectations  

Jul 13, 2019 02:31 AM
Ambassador
2,504,472
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Yes. Tried and true methods have sustained my business.

Jul 13, 2019 08:51 AM
Ambassador
2,990,725
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Yes -not rigidly. 

Easier ... no.  Yet easier because I know what I am doing and why versus being all over the road! 

Jul 13, 2019 08:45 AM
Rainer
249,073
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

well if doing whatever my wife tells me is a plan, then yes I have a plan and it's certainly easier when I do what she says.

Jul 13, 2019 08:13 AM
Rainmaker
6,308,742
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes. Having a plan is a good business practice.

Jul 13, 2019 07:35 AM
Rainmaker
1,707,197
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes and it is very detailed.

Jul 13, 2019 06:55 AM
Rainmaker
2,007,644
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You must have a Vision for your business

Jul 13, 2019 06:40 AM
Ambassador
4,040,952
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

My question to you is, are you a business owner? If so, you need a plan! 

Can you imagine if Apple didn't have a business plan? Or Wal-Mart, Exxon, Amazon...or any Fortune 500 company? 

Just because we are small business owners doesn't change the need for a business plan and set goals. 

Jul 13, 2019 05:30 PM
Rainmaker
1,690,478
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

It depends on what type of person you are evidently by all these varied answers.

Jul 13, 2019 11:26 AM
Rainmaker
1,355,908
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm with Nina Hollander on this.  No business plans, no written goals (S.M.A.R.T. or otherwise) and absolutely NO coversheets for my TPS Reports!!!! 

 

I do well without them and, like Nina said, I'm not looking to bust my hump prospecting to grow my business.

 

Plans are great for people who are new to the business and who need that level of detail.

Jul 13, 2019 09:24 AM
Rainmaker
1,132,095
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

No

Jul 13, 2019 09:21 AM
Rainmaker
5,308,773
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Paul,

We differ with the plan people!  Just like Nina Hollander we keep moving on staying flexible and unburdened by planning...A

Jul 13, 2019 08:04 AM
Rainmaker
864,576
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A business plan?

When most agent practice accidental real estate, a plan is unnecessary and having that 2nd job is essential.

A business plan actually frees your mind to see greater opportunities.

Jul 13, 2019 06:12 AM
Rainmaker
1,821,220
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

My plan was always in my head and it never failed me Paul S. Henderson, REALTOR®, CRS 

Jul 13, 2019 07:10 PM
Rainmaker
3,917,955
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have a "plan".  Be good.  Be kind.    And at times just Let It Be. There are some who believe practice leads to perfection.  I wonder about that... 

Jul 13, 2019 10:45 AM
Rainmaker
4,682,034
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Don't really have a business plan, but definitely know what I need to do to bring in business regularly.

Aug 01, 2019 04:11 PM
Rainmaker
3,784,655
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I am a believe you need to have a plan to get to where you want to be.

 

Jul 17, 2019 11:09 AM