A Guide on Buying and Owning a Real Estate Franchise

As the industry continues to grow and adapt, we are seeing many entrepreneur-minded professionals take the leap into becoming business owners. Veteran agents with successful careers, young entrepreneurs with a keen business sense, and those outside the industry that see an opportunity for wealth and success – these are the ONEs looking to become business owners and own a real estate franchise. 

Owning a real estate franchise is a unique opportunity for many to “be your own boss,” operate your own office and run your business the way you want, but with the support of a franchisor that can offer tools such as marketing, branding, training, and education. The trick is finding the right brand to franchise with can give you the perfect balance of support and business freedom.

What is a Real Estate Franchise?

According to realestateagent.com, a real estate franchise is a “Privilege granted by a franchiser to a franchisee permitting the latter to operate using the franchiser's name. The franchisee must pay a franchise fee for such right.” This is technically true, but again, the trick is finding the right brand. For example, Realty ONE Group’s franchise model is not so much a privilege granted to a franchisee, but rather a partnership with ONE goal in mind - success.

If you’re considering owning and operating your own real estate franchise, this decision will be the make all the difference. Do your homework, talk with other franchise owners in your network, and consider what sort of support you’ll need.

Benefits of Owning a Franchise

There are so many benefits to owning and operating a real estate franchise. You’re essentially creating your own business and success while helping your agents do the same. It’s an opportunity to use your real estate knowledge, experience, and business acumen to build something and give opportunities to professionals in your market.

Are there Franchise Opportunities in your area?

It’s important to consider your community and where you plan on opening your real estate franchise. Do a quick search and determine if there are opportunities in your area. With Realty ONE Group, you can search by city or state to see if there are already offices in your area or if this is your chance to own the market. 

A Franchise Model Where EveryONE Wins 

Realty ONE Group has a YOU-First Focus which essentially means franchisors have the ability to create their own success with the support of a full-fledged brokerage solely focusing on YOU. Broker/Owners receive the industry’s best training and education along with the backing and validation of being a part of a recognizable worldwide brand. World-class branding and marketing will help you stand out in your market and create new business. The process to opening a Realty ONE Group is seamless with support every step of the way. Learn more about Franchising Opportunities with Realty ONE Group and get on the path to business ownership!