It seems everyone is looking at franchises these days. And why not? After all, bigger is always better. And with a franchise you get the benefit of national advertising, the franchise's name recognition and all the other goodies they offer to help you list and sell more houses. Better still, franchises are cheap and they don't bind you to a long-term commitment, so if things don't work out you can just walk away. Right?
Consider these questions before you purchase a franchise:
Let's apply a little common sense here
Your real estate business is not more likely to succeed by adding another layer of up-front expense. And if you're going to pay for branding, why not brand yourself, while still benefiting from unified and recognizable graphics that are shared with others? The more our numbers grow, the better you look!
You can't buy your way in
All it takes to buy a franchise from the other guys is financial strength. So if you thought you'd just sign some papers and cut a check, well, you're out of luck. Our program isn't based upon the size of your wallet. It's based upon your successful track record. In fact, only the top 5% of agents qualify.
[Not there yet? We even have a program to help get you there!]
No franchise fee
How is this possible? It's simple:
We're not a franchise.
We just look like one.
If you qualify, or want to work toward qualifying, you should join our team. You'll add your name and we'll show you how to appear as your own company. Of course, our system doesn't come with everything you get from those big national franchises. Here are some of the things we just don't have:
- NO minimum financial strength qualifications
- NO up-front franchise fees
- NO minimum monthly franchise fees
- NO long-term commitment requirement
- NO required commitment to years of space rental
- NO requirement for advertising contribution
A Proven Path to Success in Real Estate
Franchises tell you that
bigger is always better.
We find that hard to swallow.
"The qualification requirements are very reasonable for producers and I love the personal branding. It makes more sense because I'm working to build upon my own reputation instead of paying to build one for a franchise. It's the most cost-effective 'next step' for agents thinking about going out on their own."
- Chuck Lytton
© Copyright 2006 - 2008. And Associates Realty & Compass Realty Systems Network. All Rights Reserved. No portion of this website or downloadable files may be reproduced without written permission from Compass Realty Systems Network. And Associates, Your Name & Associates, and No-Fee Franchise are part of a total management solution provided to brokers and agents by Compass Realty Systems.
Here's what agents have to say:
Best of all, the brand is YOU!
Discover A New Approach To Real Estate!
1. Does the franchisor's advertising budget include money to market the homes YOU list?
No. Even though the franchisees ultimately pay those big advertising dollars, franchisors advertise solely to promote their brand. Why? So they can charge higher franchise fees to the next fellow in line.
2. Will listing with a franchisee help the seller to
sell faster or for a higher price?
No. In the end, the market will determine both the
price and the speed at which a house sells.
3. Is a franchise inexpensive?
No. There are upfront fees, royalties and advertising
co-ops to pay all along the way.
4. Can you walk away if things don't work out?
No. In fact most franchises come with a 10-year
commitment – and minimum monthly fees to
pay even during lean months when you might