I am planning a new real estate business plan, What is the advice that I should keep in mind?

In my perspective, some important items that you should pay attention in business plan:

1. Potential of the region and demand assessments -  with an accurate market segmentation you can conclude which places in real estate are having more growth (or potential growth) and demand.

2. Trend - Considering the potential consumers profile, according to your offer, it´s important to consider which public are you targeting. Maybe you can consider wide or narrow that offer, according to your main goals.

3. Real estate supply - Growth potential to analyse whether there is a supply segment of real estate (commercial) is already saturated (or in lack of..)

4. Quality of existing offer - analyse the quality of the property offers if meet´s demand needs

5. Profitability segment -  the purpose with this item is to analyse if you can make profit in the chosen region, the offer, the target segment (if they have purchasing power of condition to have)

Verify the list of local requirements each planning authority can require Reduce the likelihood of submitting invalid applications

Help you understand how planning policies and other requirements affect your proposals

If you are meeting a planning of officer you should be fully prepared to describe your proposals and show plans. You can

Ask for an assessment of whether there seems a reasonable chance of getting permission

Discuss site problems such as roads, footpaths, power cables, watercourses, sewers and telephone lines; and

Ask about potential problems such as noise and traffic and whether the council might impose conditions to overcome these problems rather than refuse planning permission

Because planning applications will normally be decided in accordance with the development plan you will need to justify any proposals which would constitute an exception to the plan

Appreciate your invitation,

Well.... in my opinion we have to keep in our mind the following:

• Cost ( I am talking as customer who will buy ! ).
• Place of implementation ( If your company intending  to construct  'Houses , Buildings , Apartments' how it far from town center or other highways , ...
• Targeted Customers , for whom we will sell ?.
• Targeted Region economic \\ al situation.
• Budget .

I hope my answer covered your question and your queries ..

Regards

if that is first

u can make deal with consultant office to help you and u can learn very well from them

(.......see google many ( real estate _ start new estate

Look up

http://www.bplans.com/start-up_real_estate_business_plan/executive_summary_fc.php

I agreed with experts advice..

thanks for inviting me

I support our colleagues' answers.

Do a good research and follow the basic principles of planning

Agreed with the answer of the fellows

Focus on Stakeholder `s requirements 

you should be involved very well with other departments 

Reporting system should be organized , periodic , updated and intergarted