Updated March 11, 2022
A real estate business plan is a blueprint for the operations and objectives of a real estate agency. The plan can be used to inform prospective investors and business partners, as well as guide internal processes and day-to-day business conduct. The real estate industry is often highly competitive; therefore, firms can benefit from developing a well-researched plan that details market trends, business strategy, and financial projections, in addition to the basic elements of company information and management structure.