Belize real estate financials · Real Estate Institute-Belize

Belize real estate financials

When you decide to start a business it's important to be professional, and you must look the part. The first time you and a client meet, you must project integrity, honesty and professionalism.

Starting a real estate business from your home, requires a few things, and these are some costs you might encore.

1 A secure space to entertain your client without disturbance, if you rent form your parents, $300,00 a month.

2 Inside the space you need a desk, large enough to accommodate you, and a client, if works need to be done on your lap tops price $1800.00.

water cooler $800.00

Good sturdy chairs, at lease 4, $200.00 each, total $800.00

We need 2 good fans @ $200.00 each, total $400.00

Internet, $250.00 a month

Working shirts 5 @ $ 40.00 each, of course shirt will have business logo, total $200.00.

Transportation we will used the car we presently have, but it needs to get major tune up, brakes, new tires, oil change, A C, minor body works, estimated total $ 2000.00 dollars.

Stationery $100.00

Sign board made from wood, $200.00 each, need 2, total $400.00

Total for the little office and transportation total $5950.00

Marketing Face book, have a little video explaining what you do, with a sign in the background with your logo, with a little jingle [ when you buy from me you buy a piece of Belize]. Radio spot, 2 times a day for 30 days, $200 dollars, both Love FM an Crem radio, total 400 dollars, news paper,

Amandala, and The Reporter, $60.00 a week each, total $480.00 a month.

3-month income projection, none, anyone starting a new real estate business should not look forward for income in the firs 3 months, if you make a sale great, but you should have an income other than real estate income to live on for the first 6 months. The agent should either have saving or a job to fall back on, for the first 6 months.

Leads The more leads you have the better the opportunity to make a sale, until you get established i think you might need about fifty good leads before a sale.

To start a small real estate that is professional, might cost you at least $6830.00 dollars, but if you are confident and hard working you will make.

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