Real Estate Franchise Opportunities
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Trends and Facts About Real Estate Franchises
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After several lean years, the real estate franchise industry is rebounding. Real estate franchises go far beyond the buying and selling of property. Rental and property management, movers, home inspectors, realtors, house flippers, painters, redecorators and related service providers are all part of the industry.
In addition to those entering the industry, the real estate franchise industry also provides opportunities for those already in the real estate field. Converting to a franchise could be the ideal survival strategy for smaller, independent real estate brokerages.
Opening a franchise to break into the real estate industry, or affiliating a smaller real estate firm with a larger franchise organization offers these advantages:
- Proven track record of success of the franchisor company
- Brand name recognition
- Training in current best practices and technology
- Operational support
- Marketing and advertising support
- Group purchasing power
- Partnerships with related vendors, such as home inspectors, mortgage lenders etc.