What is a Real Estate Franchise?

If you engage in a real estate franchise, here's how it will work: In exchange for an up-front fee (franchise fee), you - the real estate broker (franchisee) - will obtain the rights and privileges of identifying with a nationally recognized name in real estate (franchisor).

Is a real estate franchise right for you? Whether to operate as an independent agency or real estate brokerage franchise is one of the most important business decisions in real estate.

Whether you are a realtor/broker considering a start-up agency of your own or an established broker considering expanding your business through franchising, there are many factors to consider in deciding if a real estate franchise is right for you.

Certainly associating with a nationally or internationally recognized real estate brand can have a significant bearing on the success of your real estate company. However, there are many factors to consider, including your personal long-term goals, timing, personal finances, location, and desire for independence versus corporate support and the benefits and restrictions offered by a real estate franchisor.

There are around 20 major real estate franchise companies and no two are exactly alike. Be informed. Do your homework. Research franchising and compare the rewards and risks of a real estate franchise opportunity.

When you're ready to discuss a possible Real Estate Franchise with GMAC Real Estate, just e-mail us, or call us at 866-667-9482. One of our Franchise Development specialists will be glad to work with you.