Do you offer superior customer service as compared with your competitors? Do you specialize in a niche market? What experiences do you have that set you apart from your competitors? Where do you see the market already saturated, and where are there opportunities for expansion and growth?
Reed Properties is working to keep these dreams alive. Claudia Reed, owner of Reed Properties, is a professional with over 15 years experience in the Richmond Metro area. A recent Census Bureau report on the economic status of the nation's minority groups should noted that all segments surveyed--African American, Hispanic, and Asian-Pacific--registered significant growth in average family income during the past two years.
In addition, Fannie Mae, the secondary market mortgage giant, reports that the number of immigrant homeowners, which grew 47 percent between andis expected to grow another 45 percent to 6.
A recent Fannie Mae survey found that immigrants who rent are three times more likely than all other adult renters to consider home buying their 1 priority. On the whole, immigrants are more likely than any other adult demographic group to buy a home in the next three years.
In Richmond, the Latino community has grown tremendously, but have not been targeted by the city's real estate professionals. Targeting Latino home buyers is good business. As the Richmond Metro section revives, Reed Properties will be a major player serving this emerging group of homeowners.
Claudia Reed will offer educational programs, credit repair initiatives and HUD counseling.
Currently, there are three low-income housing renovation projects underway in Richmond with a combined total of 1, units that will be sold as affordable housing. Claudia was instrumental in helping community organizations in winning the ten million dollar grant for the renovation projects.
Build a business that demonstrates that a real estate brokerage can thrive serving the residents of the intercity. Capture a significant market share of the new business being generated by the current and future renovation and building projects.
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By Scott Costello. 1. Company Information. Scotty Buys was formed in July in order to help distressed property owners in the Morris County, New Jersey area. A good business plan is the first step in recession-proofing your business.
Check out some sample business plans for real estate, mortgage broker, realtor, property management, and similar businesses to get ideas for your own business plan. One great source of referrals is real estate agents who specialize in investment properties, because many of their clients are new to the business and will ask for recommendations for various services.
Your Real Estate Business Plan is an essential step in your investing journey. Learn the basics of putting together a solid business plan in this guide.
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Real estate investing is a business so naturally you need a real estate investment business plan. Spend some time deciding how much capital you have to .