• Latest
Four Things To Consider If You’re Starting Your Own Real Estate Franchise

Four Things To Consider If You’re Starting Your Own Real Estate Franchise

July 10, 2017
NYFW Street Style Day 1: Spring Summer 2026

NYFW Street Style Day 1: Spring Summer 2026

September 12, 2025
AI-Powered Hype: Valentino x Vans Sneaker

AI-Powered Hype: Valentino x Vans Sneaker

September 12, 2025
Kate Barton SS26 Backstage Moments at New York Fashion Week

Kate Barton SS26 Backstage Moments at New York Fashion Week

September 12, 2025
PD-168

Peter Do Launches PD-168 Modular System of Dressing

September 12, 2025
Ed Sheeran and KidSuper Release the Play Capsule Collection

Ed Sheeran and KidSuper Release the Play Capsule Collection

September 12, 2025
Victoria Beckham Docuseries

Victoria Beckham Docuseries Premieres on Netflix October 9

September 12, 2025
Olivier Theyskens Establishes New Fashion House Boloria

Olivier Theyskens Establishes New Fashion House Boloria

September 12, 2025
Tim Burton

Tim Burton Brings Light and Darkness to Florence Biennale

September 12, 2025
Louis Vuitton Travels With Grace Coddington and Her Cats

Louis Vuitton Travels With Grace Coddington and Her Cats

September 12, 2025
Abaya

The Rise of the Modern Abaya: Tradition Meets Contemporary Fashion

September 12, 2025
Proenza Schouler Presents Spring Summer 2026 with Rachel Scott

Proenza Schouler Presents Spring Summer 2026 with Rachel Scott

September 12, 2025
Duran Lantink Introduces Fall Winter 2025 Campaign Duranimal

Duran Lantink Introduces Fall Winter 2025 Campaign Duranimal

September 12, 2025
DSCENE
  • LATEST
  • FASHION
    • Ad Campaigns
    • Collections
      • Spring Summer 2026 Womenswear
      • Spring Summer 2026 Menswear
      • Fall Winter 2025.26 Womenswear
      • Fall Winter 2025.26 Menswear
      • Pre-Fall 2025 Collections
      • Spring Summer 2025 Womenswear
      • Spring Summer 2025 Menswear
      • Couture Collections
      • Bridal Collections
      • Capsule Collections
    • Jewelry
    • Lookbooks
    • Street Style
    • Backstage
    • Directory
      • Agencies
        • Creative Talent Agencies
        • Modelling Agencies
      • Brands
      • Photographers
      • Fashion Stylists
      • Hair Stylists
      • Makeup Artists
      • Female Models
      • Male Models
  • SNEAKERS
  • MAGAZINES
    • DSCENE Magazine
    • MMSCENE Magazine
    • EDITORIALS
  • EXCLUSIVE
    • Interviews
    • Exclusive
  • TRAVEL
    • Hotels
    • Restaurants
  • ART
    • Art
    • Design
      • Furniture
    • Architecture
      • Interior Design
  • SHOP
    • ABOUT
No Result
View All Result
DSCENE
  • LATEST
  • FASHION
    • Ad Campaigns
    • Collections
      • Spring Summer 2026 Womenswear
      • Spring Summer 2026 Menswear
      • Fall Winter 2025.26 Womenswear
      • Fall Winter 2025.26 Menswear
      • Pre-Fall 2025 Collections
      • Spring Summer 2025 Womenswear
      • Spring Summer 2025 Menswear
      • Couture Collections
      • Bridal Collections
      • Capsule Collections
    • Jewelry
    • Lookbooks
    • Street Style
    • Backstage
    • Directory
      • Agencies
        • Creative Talent Agencies
        • Modelling Agencies
      • Brands
      • Photographers
      • Fashion Stylists
      • Hair Stylists
      • Makeup Artists
      • Female Models
      • Male Models
  • SNEAKERS
  • MAGAZINES
    • DSCENE Magazine
    • MMSCENE Magazine
    • EDITORIALS
  • EXCLUSIVE
    • Interviews
    • Exclusive
  • TRAVEL
    • Hotels
    • Restaurants
  • ART
    • Art
    • Design
      • Furniture
    • Architecture
      • Interior Design
  • SHOP
    • ABOUT
No Result
View All Result
DSCENE
No Result
View All Result

Four Things To Consider If You’re Starting Your Own Real Estate Franchise

July 10, 2017
in Architecture
0
Share on FacebookShare on Twitter

Turning a passion for homes into a career is possible for anyone willing to put in the time and work. Real estate can be a lucrative industry, and if you’re looking to start your own business, then purchasing a franchise can offer you the freedom to develop your own career while working with an established brand. If you’re looking for a real estate franchise for sale in your area and want to break into the market, then there are a few things you need to consider before signing the dotted line.

1 Get as much information as you can

It pays to do your homework. If you’ve found a franchise you’re interested in purchasing, read up as much as you can online and in their information handouts, and ask some key questions when you’re talking with the franchisor salesman. What is the history of the business? What is the fee structure, and what do you get in return for purchasing the franchise? What are the growth prospects like, both in your area and nationally? What are the risks associated with the industry? It’s important to make sure the franchisor is realistic about their company in the current economic climate and honest about passing those expectations on to you.  Investing into a real estate franchise in the UK would be perfect now as there is just so much opportunity.

2 Look for the right brand

If you’re starting out, then it’s best to choose a reputable brand that has already done all the hard work when it comes to establishing a marketing campaign and developing systems and processes. You can reap the benefits of multi-million dollar advertising budgets and existing brand recognition. Product branding is one of the most important parts of owning a franchise, so make sure you choose a franchisor with a proven track record and good management systems in place. You’ll be able to transition into your new role as a business owner without the added stress of establishing a company from the ground up.

3 Have the capital saved up

It can take up to six months just to break even, so it’s very important to have enough working capital stashed away to maintain expenses until you’re turning a profit. Sketch out a plan of costs for the first six to twelve months of your franchise – rent, wages, insurance, utilities, and unexpected accidents. A good franchisor should be able to tell you how much money you will need. Ask for an honest opinion, particularly if you have reservations. If a franchisor seems unconcerned that you may not have enough working capital to sustain the business, then that’s a sign they may not value their own brand’s success – a major red flag for prospective franchisees.

4 Be ready for the long haul

A successful business in a field like real estate needs significant investment. You have to be ready to commit to the franchise, and getting the right qualifications to open your own real estate office can take up to three years. Be ready to invest in your staff to keep them at the top of their game, and work hard to establish your real estate territory and build your market share.

All images from Apartment in Taichung City by T.M Design Studio

Tags: Top Stories
admin

admin

Related Posts

Urban Escapes: How Cities Are Transforming Parks with Modern Playgrounds
Architecture

Urban Escapes: How Cities Are Transforming Parks with Modern Playgrounds

August 27, 2025
Homeowner’s Blueprint for Successful Renovations
Architecture

Homeowner’s Blueprint for Successful Renovations

August 21, 2025
Indoor-Outdoor Living
Architecture

Indoor-Outdoor Living Is the New Luxury

August 11, 2025
10 Stylish Upgrades That Make Your Home Feel Brand New
Architecture

10 Stylish Upgrades That Make Your Home Feel Brand New

July 29, 2025

dscene

Subscribe To Our Newsletter

DSCENE

DSCENE is curated as a daily art, design, fashion & lifestyle destination. DSCENE is non-for-profit fashion and culture basis organization which aims at further development of research on DSCENE values, as well as on providing educational services. Home of magazine editions DSCENE and MMSCENE – Click for more about DSCENE and for our Terms of Service.

Subscribe Our Newsletter

© 2024 DSCENE Publishing. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • LATEST
  • FASHION
    • Ad Campaigns
    • Collections
      • Spring Summer 2026 Womenswear
      • Spring Summer 2026 Menswear
      • Fall Winter 2025.26 Womenswear
      • Fall Winter 2025.26 Menswear
      • Pre-Fall 2025 Collections
      • Spring Summer 2025 Womenswear
      • Spring Summer 2025 Menswear
      • Couture Collections
      • Bridal Collections
      • Capsule Collections
    • Jewelry
    • Lookbooks
    • Street Style
    • Backstage
    • Directory
      • Agencies
      • Brands
      • Photographers
      • Fashion Stylists
      • Hair Stylists
      • Makeup Artists
      • Female Models
      • Male Models
  • SNEAKERS
  • MAGAZINES
    • DSCENE Magazine
    • MMSCENE Magazine
    • EDITORIALS
  • EXCLUSIVE
    • Interviews
    • Exclusive
  • TRAVEL
    • Hotels
    • Restaurants
  • ART
    • Art
    • Design
      • Furniture
    • Architecture
      • Interior Design
  • SHOP
    • ABOUT
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.