Course Name
Broker Essentials – Module 2: Organizational Structure and Business Planning
Course Length
3 hours
DRE Credit
No
Who Should Take This Course
Real estate brokers who are looking to get a better understanding of the factors that influence the operations of a business and management of a real estate brokerage.
Course Introduction
Success depends upon a productive business. Learn how to prioritize the many responsibilities that come from running a business and how to be an effective real estate broker.
In this course you’ll learn what is needed to organize your business structure and staffing as well as define the roles that staff and management play in the organization. In addition, you’ll learn the various components of a comprehensive strategic business plan and how to create your own.
Chapters
1 – Organizational Structure
2 – Management & Staff Organization
3 – Business Planning
Subjects Covered
Organizational Structures (Sole Proprietorship, Partnerships, Corporations, LLC)
Management & Staff Organization (Organizing By Function, Staffing & Staff Roles, Executives & Managers, Agent Roles)
Business Planning (Creating a Plan, Influencing Factors, Market Conditions, Past Performance Analysis, Revenue Goals, Forecasting, Investing, Expenses, Staff & Management Performance Objectives)
Upon Completion Of This Course You Will Be Able To
Define and understand the four common organizational structures
Understand methods and processes for managing staff
Define and understand the components of a comprehensive strategic business plan
Recommended Prerequisites
Broker Essentials – Module 1: Understanding Your Financial Statement
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