What is the cost of a Remax franchise?
What is the cost of a Remax franchise?
Total Investment: The total investment necessary to begin operation of a “Remax” franchise ranges from $40,000 – $284,400. Initial Fees: Initial franchise fee: $17,500 – $35,000.
Is Re Max a franchise?
Franchise Description: The franchisor, RE/MAX, LLC, is engaged in the business of developing a network of affiliated real estate brokerage offices throughout the United States, Canada and elsewhere.
Does Re Max give you leads?
Through global.remax.com, RE/MAX agents receive the leads on their own listings, as well as referrals from RE/MAX agents around the world – with no fees added on from RE/MAX. At RE/MAX, you are able to easily connect with business opportunities from around the globe.
How does real estate franchise work?
What You Should Know About The Franchise Real Estate Agency. In contrast, a franchise real estate agency is when one party (the franchisor) grants another party (the franchisee) the right to use its trademark, tradename, systems and processes to market and deliver real estate sales and property management services.
How Much Do Re Max franchise owners make?
RE/MAX Franchise Owners earn $50,000 annually, or $24 per hour, which is 18% lower than the national average for all Franchise Owners at $60,000 annually and 28% lower than the national salary average for all working Americans.
Does Remax charge desk fees?
The RE/MAX desk fee This desk fee varies by RE/MAX office and can be as low as $300 to as high as $2,500 per month. This is a flat fee that you’ll have to pay each month, regardless of whether you close a transaction or not.
Why is ReMax so successful?
RE/MAX was the first brand to expand its reach to the global market through a revolutionary global listing site. With listings from more than 80 countries, displayed in over 40 languages, RE/MAX agents have the opportunity to search and post listings internationally, making international transactions easier than ever.
Is ReMax a good company?
ReMax is a trusted brand by many people and has been recognized by sources such as the Trusted Real Estate Agents by BrandSpark, an independent market research company.
Who is responsible for a franchise?
As a franchisee, a business owner is responsible for the following: Paying the franchise fee and paying royalties to the franchise to help run the larger business. Finding, leasing and building out a location for the franchise.
Should I start my own brokerage?
By controlling their own marketing, client care, and other aspects of their operations, real estate agents are able to work as, essentially, small business owners. If, however, your goals are bigger and you are looking to run a larger business, consider starting up your own brokerage.
Is Max franchise profitable in India?
Investment in Max Fashions Franchise Investments in Max Fashion franchise would start from 20 lakh and extend up to 1 crore based on the Max outlet capacity. Max Fashions will always be a Profitable because people are never bored of purchasing new clothes every time they shop.
