Real Estate Broker Business Plan

Start your plan
Start my business plan

Start your own real estate broker business plan

Reed Properties

Company Summary

Reed properties is a single-agent real estate brokerage that will serve the Richmond Metro area.

2.1 Company Ownership

Reed Properties is owned by Claudia Reed.

2.2 Start-up Summary

The start-up costs are outlined in the following chart. Start-up costs derive from office equipment, computer station complete with software, stationery, legal costs, furnishings, office advertising and services, and expenses associated with opening our office. The start-up costs are to be financed by direct owner investment. The assumptions are shown in the following table and chart. Lease office space averages $1.10-1.60 per square foot to equal an approximate of $1,500 per month, plus utilities, for efficient leased office space. Commercial lease will be for a three to five year agreement with the first month and a security deposit equal to the monthly lease rate payable at the time of lease start date.

Real estate broker business plan, company summary chart image

Start-up Funding
Start-up Expenses to Fund $15,050
Start-up Assets to Fund $9,950
Total Funding Required $25,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $9,950
Additional Cash Raised $0
Cash Balance on Starting Date $9,950
Total Assets $9,950
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Claudia Reed $25,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $25,000
Loss at Start-up (Start-up Expenses) ($15,050)
Total Capital $9,950
Total Capital and Liabilities $9,950
Total Funding $25,000
Start-up
Requirements
Start-up Expenses
Legal $900
Stationery etc. $500
Brochures $1,000
Advertising $2,500
Insurance $200
Rent $3,000
Answering Service $200
Utilities Start Up $250
Office Furnishings $1,000
Expensed Equipment $3,000
Business Software $2,000
Office Supplies $500
Other $0
Total Start-up Expenses $15,050
Start-up Assets
Cash Required $9,950
Other Current Assets $0
Long-term Assets $0
Total Assets $9,950
Total Requirements $25,000

2.3 Company Locations and Facilities

Reed Properties will be located downtown in the new Richmond Bank Building.

Download link edge graphic Download this plan

Start your own real estate broker business plan

Start your own business plan

LivePlan logo Start planning

Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan.

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.