General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S1406

Year of Founding

1999

Fees

Marketing Fee

NA

Royalty Fee

VARIES

Franchise Fee

$20,000-$20,000

Investment Range

$33K-$199K

Location units

Total U.S. Locations

154

U.S. Franchised Units

154

U.S. Corporate Units

0

Headquarters (City)

Irvine

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2000

Issuance of FDD Data

05/01/2020

What to know about Real Living Real Estate franchise?

The franchise offer is to operate a real estate brokerage business.

Real Living Real Estate is based in Irvine, CA. Scroll down to learn more!

How much does a Real Living Real Estate franchise cost?

Are you wondering how much is a Real Living Real Estate franchise? Before starting a Real Living Real Estate franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Real Living Real Estate franchise is $33,145 and can go all the way up to $198,821. Keep in mind, you should also allocate additional funds to live off of while the Real Living Real Estate business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Real Living Real Estate franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Real Living Real Estate business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Real Living Real Estate franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Real Living Real Estate. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 232 13 21 224
2017 224 13 58 179
2018 179 13 23 169
2019 169 8 23 154

Additional Details

How much does a Real Living Real Estate franchise owner make?

Real Living Real Estate franchise earnings and revenue can vary significantly from one franchisee to another.
The Real Living Real Estate franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Real Living Real Estate unfortunately does not disclose financials on how much Real Living Real Estate franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Real Living Real Estate does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Real Living Real Estate franchisees. Do note that Real Living Real Estate is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Real Living Real Estate franchisees to understand how much money they are making from their Real Living Real Estate business.

You should also speak to former Real Living Real Estate franchisees to understand why they left the system. Did they sell their Real Living Real Estate at a profit? Were they forced to close their Real Living Real Estate franchise down because it kept losing money?

What is the Real Living Real Estate franchise fee?

Owning a Real Living Real Estate franchise requires a variable royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Real Living Real Estate Franchise Disclosure Document

Keep in mind, there is also an initial Real Living Real Estate franchise fee of $20,000 that is included in the initial investment amount of $33,145 to $198,821. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Real Living Real Estate franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Real Living Real Estate franchise fee of $20,000.

Visit the Real Living Real Estate metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Real Living Real Estate founded?

Real Living Real Estate started offering franchises in 2000. Real Living Real Estate was founded 23 years ago in 1999.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Real Living Real Estate locations are in the U.S.?

As of 2020, there were 154 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like Real Living Real Estate have more franchised locations than corporate locations.

How many Real Living Real Estate franchises opened over the past few years?

Over the prior 3 years we have data for, Real Living Real Estate has opened 34 outlets throughout the U.S. Visit the Real Living Real Estate metrics tab to explore how the openings compare to other Real Estate franchises.

How many Real Living Real Estate franchises closed over the past few years?

Over the prior 3 years we have data for, Real Living Real Estate has closed 104 outlets throughout the U.S

Visit the Real Living Real Estate metrics tab to explore how the openings compare to other Real Estate franchises.

Is Real Living Real Estate growing? Are they opening more locations than they are closing?

The net unit growth rate for Real Living Real Estate over the past 3 years is -31%. Over the last year we have data for, Real Living Real Estate had a net unit growth rate of -9%.

Without a comparison, this number doesn’t mean much. Compare how the Real Living Real Estate growth rate compares to 2,000+ other franchises and Industry franchises like Real Living Real Estate. More info in the Real Living Real Estate metrics tab.

Is Real Living Real Estate franchise eligible for an SBA Loan?

Real Living Real Estate is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Real Living Real Estate franchise was assigned the SBA Franchise ID of S1406 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Real Living Real Estate that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Real Living Real Estate a franchise in the United States?

According to the SBA, Real Living Real Estate meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Real Living Real Estate provides you with an FDD if you are in discussion to buy a Real Living Real Estate.

What is the Real Living Real Estate Franchise for Sale Rate?

The Real Living Real Estate systemwide health and franchisee satisfaction can be measured by the Real Living Real Estatefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Real Living Real Estate franchise for sale rate over the past 3 years is 3%. Over the last year we have data for, Real Living Real Estate had a franchise for sale rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the Real Living Real Estate franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Real Living Real Estate. More info in the Real Living Real Estate metrics tab.

What is the Real Living Real Estate Franchise Failure Rate?

Real Living Real Estate franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Real Living Real Estate failure rate over the past 3 years is 68%. Over the last year we have data for, Real Living Real Estate had a franchise failure rate of 15%.

Without a comparison, this number doesn’t mean much. Compare how the Real Living Real Estate franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Real Living Real Estate. More info in the Real Living Real Estate metrics tab.

How can I find out more details on Real Living Real Estate franchise?

Visit the Real Living Real Estate metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Real Living Real Estate

$115,983

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Real Living Real Estate

VARIES

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Real Living Real Estate

$20,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S1406

Year of Founding

1999

Fees

Marketing Fee

NA

Royalty Fee

VARIES

Franchise Fee

$20,000-$20,000

Investment Range

$33K-$199K

Location units

Total U.S. Locations

154

U.S. Franchised Units

154

U.S. Corporate Units

0

Headquarters (City)

Irvine

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2000

Issuance of FDD Data

05/01/2020

Detailed Franchise metrics for Real Living Real Estate

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Real Living Real Estate below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Real Living Real Estate

0%

-31%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Real Living Real Estate

1%

3%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Real Living Real Estate

15%

68%

Industry median

All franchises median

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Business details

Company Name

www.RealLiving.com

Business email

**********@******.com

Mailing address

18500 Von Karman Avenue, Suite 400

State headquarters

California

Owner Name

Real Living Real Estate

Phone

+1 (000) 0********00

City

Irvine

Zip code

92612
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