Real Living Real Estate is a full-service real estate brokerage offering services to both buyers and sellers. The franchise provides comprehensive tools, resources, and support to help franchisees and sales professionals succeed in the real estate market.
Key Insights
- Real Living Real Estate has a history of growth and expansion, building a network of real estate professionals dedicated to client service. The business has established a presence across various markets, supporting its network of agents and brokers with resources and a recognized brand.
- The franchise operates on a model that emphasizes local expertise combined with a robust national brand infrastructure. Agents benefit from ongoing training, marketing support, and technology tools designed to enhance their business operations and client interactions within their communities.
- The real estate industry is characterized by its dynamic nature, influenced by economic conditions, local market trends, and evolving consumer preferences. Real Living Real Estate functions within this landscape, providing a framework for agents to navigate these complexities and serve homebuyers and sellers.
Franchise Fee and Costs to Open
Exploring the financial picture of Real Living Real Estate gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $33,145 - $198,821, along with a franchise fee of $20,000 - $20,000.
Financial Performance and Revenue
Training and Resources
Real Living Real Estate provides comprehensive training for new franchisees. The initial training program is two weeks in length and takes place at the franchisor's headquarters. Real Living Real Estate offers ongoing support and resources designed to assist franchisees in building their businesses. The franchisor recommends utilizing these materials for operational success.
Legal Considerations
Legal considerations for a Real Living Real Estate franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Real Living Real Estate franchise involves navigating the local competitive landscape, where established brokerages and new entrants vie for market share. Franchisees must manage diverse operational demands, from agent recruitment and training to marketing and client service. Furthermore, reliance on the brand's established systems and marketing materials necessitates adherence to a framework that may differ from individual market preferences or necessitate adaptation to local trends.
Franchise Datasheet
FAQs
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