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Old 02-17-2008, 08:02 PM
 
Location: Louisville KY Metro area
4,825 posts, read 13,615,262 times
Reputation: 2145

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I am still wondering about whether to franchise or not. I know I won't unless it's the right franchise, but if its the right one, why not?
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Old 02-17-2008, 08:33 PM
 
Location: Cary, NC
39,468 posts, read 68,449,837 times
Reputation: 40539
At one point, McDonalds had created more millionaires than any other company on earth.

Oh... Real Estate Franchise?
No clue.
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Old 02-17-2008, 09:36 PM
 
Location: Louisville KY Metro area
4,825 posts, read 13,615,262 times
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It's odd, McDonalds has been involved in my process. I realize that buyers from Timbucto will buy from a bad franchise before they buy from a great independent whether it be fast food or real estate.
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Old 02-18-2008, 12:07 PM
 
Location: Columbia, SC
10,356 posts, read 20,148,201 times
Reputation: 9276
Well, which one will fit your needs the best? Some are flexible, some offer more internet, some have better name recognition. How much of what do you need?

I can tell you that ERA has fantastic tools and programs and strong internet presence. The seller security plan (guaranteed sale) is great for listings.
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Old 02-18-2008, 06:54 PM
 
Location: Virginia Beach, VA
2,124 posts, read 8,437,907 times
Reputation: 816
funny Brandon, I was just going to say the same thing... ERA has great tools and you can become part of Cartus Relocation. I am an ERA agent and really like the tools that I can bring to my clients. Especially the seller security plan. In this market, getting 90% of the appraised value can be very interesting to sellers. Also, the training is very good.

Good luck with your decision.

Shelly
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Old 02-19-2008, 12:26 AM
 
Location: Woodbridge Twp NJ
316 posts, read 1,190,876 times
Reputation: 60
Well i got to tell you About Exit Realty its the 4th largest real Estate company in the USA. Exit has franchise in every state. also benifits to go along with it.
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Old 02-19-2008, 11:17 PM
 
Location: Knoxville
1,155 posts, read 3,180,231 times
Reputation: 366
You should also check out the newest , Envirian.
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Old 02-20-2008, 05:57 AM
 
Location: Louisville KY Metro area
4,825 posts, read 13,615,262 times
Reputation: 2145
A franchise must provide a strong value for its cost. The ROI must be in the 15 to 20% range minimally. Franchising is terribly expensive, yet as I noted earlier, a brand name will drive and develop enough business to cover its cost alone.
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