It’s been nearly 10 years since what has been deemed as the “Great Recession”, the worst economic crisis in modern history took place. Due to economic conditions such as high unemployment and rising interest rates the financial situations of previous stable families dropped dramatically leading to a high increase in mortgage foreclosures; deeply impacting the success of each Real Estate Broker and their franchise systems.
In recent years, the real estate industry has experienced a resurgence, now at a six year high and offering lower initial investment ranges than many of their competitors, it is growing to new heights. Evidence of this is shown in its improving turnover rates, and increasing growth rates; the proof is in the numbers. Factors such as improving credit conditions, as well as the large millennial generation finally reaching a position to purchase their first home (and if experts are correct, they will buy many, and often) means that the real estate sector may be the next great investment.
We compared over 2,000 franchised systems to find the top 500 in the franchise industry, the following Real Estate Broker franchises made this list based on variables such as low turnover relative to its sector, good franchisee relations, and excellent system growth.
How much does it cost to open a Homesmart International?
The total estimated initial investment is between $56,550 and $99,900, with an initial franchise fee of $40,000. Homesmart International is a Vetfran participant, offering a 10% discount to any veterans who are interested in their brand.
Real Property Management
How much does it cost to open a Real Property Management?
With a $20,000 to $40,000 initial franchise fee, as well as incredible recent growth in outlets, Real Property Management is certainly one to watch.
Mossy Oak Properties
How much does it cost to open a Mossy Oak Properties?
With a maximum initial investment of $72,250 and a minimum of $25,250 this is a reasonably priced brand that comes with a lot of perks; from low initial franchise fees, to discount and refunds and low royalty fees this is certainly a brand that gives the investor more bang for their buck.
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